In today's episode, Kip covers the "Wave Theory" and the mindset of a trader. Kip also dives into the pulse of the market and the outstanding strength of tech, with small caps leading the charge. He also covers the latest look at inflation data with PCE data coming out this morning. Tune into today's podcast to see what the VRA Investing System sees looking forward for investors

Don’t look back because the market is closed. Good Thursday afternoon, everyone. Kip Herriage here with the daily VRA investing podcast. Hope you had a good day today. Happy leap day, everyone. I read today that if your birthday is today on leap day, because I’m not a leap day researcher very much, I think I read that your birthday, if it fell today, then you only have a birthday every eight years. Four years. Eight years.

Anyway, if your birthday is today on leap day, happy birthday to you. There’s got to be a lot of folks that actually fall into this category. But anyway, here’s the point I want to make today. It wasn’t just leap day today. We’ve got some major things happening here. We’ve had four straight months of big day today in the markets again. Something wave theory, which Tyler and I have focused on for a long time, talk about it here every now and then. That happened again today.

We have a sharply higher open after the opening amateur hour, which is the open, the first hour trade, amateur hour, the smart money hours, the final hour of trading. I may explain that a little bit, too. It’s important. You just never ever want to buy higher open. Trust me, I made this mistake more times than I can count. But you know what? Eventually even I can learn from mistakes. When you do this long enough, you start to at least learn lessons after you’ve made the same mistake 20 times. So as part of my job here is to try to make sure you don’t make the same mistakes that I’ve made.

[00:01:30]:
One of those is buying a sharply higher open. Just don’t ever do it because they rarely hold. But the wave theory is a pretty simple concept and it works with strong primary trends, whether in a bear market or a bull market. This works both ways. I used to be a bit of a day trader, and for those of you that are active traders, you probably already know, I’m going to go with this. Sharply higher opens are not to be bought, they are to be sold. That’s what professionals do with the open. And then you want to pay attention to the smart money hour trading, and that’s when you take action to add to positions, put on new positions, because there’s been a very effective strategy over time of buying it to close and holding to the open and then selling in the open.

It’s remarkable how well that’s held up and it just continues to. But a lot of people don’t feel comfortable holding big positions overnight if you’re a trader. So wave theory played out again today. Big open, midday, low and then we had a really solid close. Again, semiconductors day finishing up 2.3%. Just beast mode for this group. Again, semis lead everything in bear markets and bull markets. That’s been the case since the advent of quantitative easing following the financial crisis 2008 2009.

[00:02:42]:
And I keep thinking that, you know what, we talk about this all the time, at some point it’s going to stop working and it just doesn’t. The semis have been leading today Soxl the three time leverage ETF hit a new 52 week high. Of course the semis have already hit all time high after all time high. And now these leverage etfs which have these derivatives in them which have a lot of decay, they decay. The decay value takes place very quickly in these which is why most leverage etfs certainly are three time ones. They’re not really meant to be holding vehicles, but there are some really good ones that’s much better with Soxel is one of those. And so today it hits a 52 Ekai and again it’s been a beast. Soxel was $6 a share when we were pounding the table on it at the bear market lows of October 13, 2022.

[00:03:34]:
It’s 43 now. So what is that you’re up like 600 and something percent in soxhole in just over a year. And so again, leverage etfs, we use them because they’re very powerful. It’s a great way to increase your returns as long as again you have risk management and you understand the psychology of the markets which helps be a gambler. I must tell you, it helps to be a gambler. The best traders, best investors I’ve ever known are great poker players, great blackjack players. They understand risk management, risk analysis. They understand as Kenny Rogers say, you got to know when to hold, no one to fold them, know when to walk away.

And so that’s really a mindset of a great trader and really a great investor is to have develop a feel for the markets but follow some very rules based investing discipline. And again, the semis leading the way, that’s just been a guide that’s been like a north star for the markets in both directions again. But the point being today the wave theory played out. We had a good strong close, another good smart money hour. Again, that’s been a pattern, hasn’t a repeating pattern of strong smart money hours is another sign of a strong bull market. And we’re just seeing these signs left and right. This is a textbook bull market. Let me correct that.

[00:04:56]:
This is a textbook early bull market. That’s the action we’re seeing now. Let’s cover the markets first. We’ll come back. I want to talk bitcoin today, which again, beast mode as well. Just a remarkable supply demand story here. I’ve never seen anything like bitcoin. I don’t think anyone alive has.

There’s just nothing like this, especially now with the demand coming to etfs. Very. Only 900 coins are being mined. Bitcoins are being mined a day. And demand yesterday was ETS bought, these new ETs proved by the SEC. Nine of them bought 10,000 bitcoin. Only 900 were mined. So again, this is that supply demand relationship that just makes this a remarkable story.

[00:05:40]:
Bitcoin is right at 61,000 right now. Had a big move. I think 69,000 is certainly in its sites. Talk about that a little bit. Dell Technologies just announced earnings after the close. In case somebody might have told you, hey, I don’t trust this market. It’s just about Nvidia. It’s just a handful of stocks making this market go up.

Well, no, it’s not, and it has been for a long time. Dell Technologies today up 20% after hours. Here’s another $80 billion company jumping by 20% on earnings. And why did they have such great earnings? AI serve. AI servers. Everyone’s trying to play catch up. And all these companies being Nvidia, AMD, Dell Technologies, their servers, they all have their own little niche market that they serve. And so again, this technology build out is taking place.

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And by the way, don’t give up on Apple. Don’t give up on Apple. It’s under the 200 day moving average. It’s one of the major generals, of course, a huge company, $2 trillion company, essentially, that’s below the 50 day moving average. It’s $180 a share, 50. And Kai was 199. So it’s down basically $20 a share in this amazing bull market that we’re in for technology especially. But this big general that used to be similar to tech to the semis, if Apple was going higher, you want to be long the market and vice versa.

Look at this. Now you’ve got major, the magnificent seven. You’ve got a number of these stocks that are not performing. But is the market going down? No, it’s not going down. The market continues to go up. This is very interesting. Isn’t, by the way, news coming across the tape now. Vanguard CEO Tim Buckley is retiring at year’s end.

I’m just going to go out of limb here and say it’s got something to do with Vanguard not allowing their clients to buy bitcoin. What a complete disaster for Vanguard, who they managed trillions and I don’t know, seven, eight, $9 trillion. I don’t think they’re as big as Blackrock, but they’re maybe the largest player in managed money space. But anyway, Vanguard CEO retiring and they don’t let clients, customers buy bitcoin. These new ets we’re talking about, a lot of firms aren’t allowing this. And so again, that’s the supply demand story. That just makes it that much sexier, does it not? I want to talk about that in a minute, too. I’m bouncing around all over the place.

[00:08:16]:
It’s been one of those days, folks. I barely slept last night. If you follow me on Twitter, I’m pretty much live tweeting what’s happening with bitcoin at midnight at 01:00 a.m. I can’t sleep. I can’t sleep. I’ve only had this happen to me a few times where I literally can’t sleep. I just stare. I read a book, I watch a tv show, and then every 2 minutes I’m looking at my screen again because bitcoin has me mesmerized.

And look, we’ve been involved with bitcoin for a very long time. It’s been very good to us. We traded it and done very well with it. And our timing has been pretty good after first buying it at 600, recommending it at 2000, selling it at 58,000 in 2021, now buying it back again last May or June at 28,000. And now, of course, we’re long and strong this. So we had a pretty good handle on it. I’m not an expert in bitcoin at all, but again, I’m a gambler, and so I understand those basics of recognizing a winner, riding your winner as long as you can. And that’s exactly what’s happening here, folks, with bitcoin.

[00:09:24]:
But again, I’m not sleeping a lot. I’m a little discombobulated, maybe. It’s a good feeling, though, because I do feel locked in. I got to tell you, we’re about to publish our numbers. Tyler’s been putting this together for all of our trades, just to double check all this work going back to a decade, because we’ve got some folks that have an interest in seeing it. I’ll just say that, and that it’s going to be maybe some more exposure for the VRA because the returns are pretty astronomical. And again, we have a system. We stick to it.

We love using etfs and our growth stock strategy, this is what we do here. And the returns have been very good. Not every stock has been a winner. Some of our ten baggers haven’t done anything. But again, these growth stocks, especially small cap stocks which have been destroyed now for a couple of years, they are coming back to life though. But the point being Tyler’s put a lot of work into this. We’ll be publishing this pretty soon and I think a lot of folks are going to see this and not believe the numbers, tell you the truth, because the returns are, are that high. And I’m not patting myself on the back.

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The point is we try to teach people what it takes to be successful without having to do, I’ve been in this business 38 years without having to do it 38 years. We want someone to be able to read our work and within a couple of three years learn how to do it. And if you don’t need us to that point, congratulations, you graduated. Go make your fortune right. Go start your own newsletter if you want. But thankfully a lot of our valued clients and members have stayed with us for a very long time and we appreciate you so much more than you’ll know. And I think we’re going to have some news out about that pretty soon too, because it’s time for us to start getting back together. We’ve done that for some of our things we’ve gotten involved with like lost soldier oil and gas.

We are looking at a couple of other deals that are very interesting and we also want to get back and doing events. I did that with wealth masters with my partner, rest in Peace Carl, Bessie, Salt and guy. And we built 100 million dollar company and we did it in nine years. And Carl was responsible for most of that by the way. He ran marketing and sales. Everybody loved Carl. Carl. No one ever had a bad thing to say about Carl Bessie, and he passed away a few years ago.

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But we do want to get back into doing events again. I can tell you right now if we do that and we’re going to, it’s going to be dedicated to Carl Bessie. He was a blast. Just a great friend, so much fun. And I think about the guy all the time. But look, we’ve got a lot going on here and I know we’re really here to talk about the market. So let me get back to that. Let’s talk about the markets first.

I’ve got a lot of topics to cover. I want to do it quickly, though. Economic data today, the inflation data, very friendly. First of all, Dow Jones today finishing up 47 points, up one 10th to 1%. It was negative a lot of the day, and then Salesforce came out and the stock just started rocketing higher. Of course, Salesforce now in the Dow Jones, Dow Jones did finish up today one 10th to 1%. That was our loser on the day. Next up was SPF 100, up five tenths to 1%.

Nasdaq was up nine tenths to 1%, just beating out rust 2000, up seven tenths, 1%. Rust 2000 opened up one and a half percent higher. And look, if you follow us here, certainly if you’re one of our members and clients here, then you know that we are pounding the table on small caps. Okay? Love this group. They’re so overdue for a major move higher. Although, and again, I think a lot of people are surprised to hear this. Small caps now have outperformed the s and P 500 from last October’s, the fourth quarter lows of last year. I think that surprises some people.

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Up like 22, 23%. So really very good returns, but it’s been very kind of blotchy, very volatile, radical trades for IWM, but it’s now outperforming SP 500. We think the move higher in small caps is real, and then it continues. And I think we’re going to make a lot of money in this group here. Again, small caps today up 71%. Now back above to a new 52 week one year at a one year high. 52 week high, but still 16% away from all time high. So, folks, guess what? The markets are giving us a gift.

That’s what this is. As my mentor Ted parsons like to say, bull markets don’t really even start until you get to all time highs. That’s what he believed, and he had a great point. And look what’s happening here. I’ve been telling that Ted Parsons story. Rest in peace, Ted. I’ve been telling that Ted Parsons story here for many months. And even though people were saying, hey, we’re in a new bull market, not according to Ted, we weren’t.

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And then here came the all time highs, right? And so now every major index except for small caps roast 2000 has hit an all time high. But guess what? That’s next. So the point is the markets, according to Ted, and I think it is right, the markets are giving us a gift here because small caps are going to hit all time highs in this bull market cycle. But of course, all the action really has been tech related. Not much different than 1995 to 2000. Melt up again semi today up 2.4%. Just beast mode here. Okay, let’s talk about this morning’s economic data.

We got the inflation data today. And look, whenever we have bouts of weakness, what’s it always related to? It’s always related to the Fed, and it’s related to inflation. Oh, are they going to cut rates or not? Remember, we really don’t want them to cut rates. We really don’t. We want the pause to continue when they start cutting rates is when the market starts to get hit. Now, it’s a muddled science. Okay. I really don’t think the market’s going to go down when the Fed cuts rates.

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But the fear is, if the Fed starts cutting, why are they cutting? What’s wrong with the economy? Do we have weakness coming up? That won’t be why they cut. The reason they’re going to cut is because we have broad disinflation and we’ve had it for a long time. The Fed should have already been cutting as Tyler, and we’ve been really preaching this for some time. The Fed shouldn’t even hike rates the last couple of times they did it. So unfortunately for them, when they start cutting, they’re probably going to have to cut more than they wanted to because they overdid it. On the upside, the Fed always does this on both sides. But anyway, this morning’s data was good. It was the core PCE deflator.

This is really supposed to be the Fed’s preferred inflation gauge. I’ve heard that for a long time. Don’t know if it’s true or not. Jay Powell seems to think to take it pretty seriously. But the good news is, again, broad disinflation continues to build as the year over year core price index index rose 2.8%, which met economist estimates. And that’s good news, right, because a lot of people thought this could be a little bit of a hot reading. Not inflationary, just a little hot, and it wasn’t. So this allays a lot of the fears of folks that thought inflation is making a dangerous comeback.

Inflation is not making a dangerous comeback. We have broad disinflation. China’s exporting their deflation. Other countries, Germany exporting their deflation, Europe exporting, broadly speaking, Europe exporting their deflation. And that’s coming to our shores. So this is very good news, right, for the economy and certainly for the future direction of interest rates. By the way, tenure has been falling ten year yield back down to 4.25% today. Our view remains that we are going much lower on rates well below 4%.

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I think we’ll be 3% at some point next year, below 3% on the ten year. And again, that’s just because the Fed overdid it. On the upside, gravity is kicking in. What would you rather buy? Would you rather buy japanese government bonds with a 0% yield? Or would you rather buy the safety and security of the world’s most powerful economy and get a 4.2% yield? You tell me. So again, that’s the gravity, right? That’s the supply and demand feature. Everybody wants our yields. And so again, that demand drives yields lower. And that’s going to continue to be the case.

But the really good news from today was personal income. Personal income for the month of this was. What data was this? This is for January data. Personal income rose 1% for the month. Estimates were for a half percent. So they already expected to be good news. And if I hear the Fed or JPAL say one more time that they are worried about personal, about income rising at too fast a level, I seriously want to just vomit. I want to vomit because why does the Fed care that people are finally making some money, right? Able to spend some more money, put some in savings, put some in the market, in bitcoin? The Fed should not care about that.

[00:18:43]:
They should care about their dual mandates, right? Being concerned about inflation and being concerned about jobs. That’s all they should worry about. But again, great news here. And if you’ve looked this a while, then you know that over the last two years, our view has been the economy is in excellent shape, even as so many said. Remember a year and a half ago, I guess it was going into 2022, 99.5% of economists said we’re going into recession. We told you then, whenever the vast majority of economists agree on something, always go the other way. Again, something Ted Parsons taught me early on. If the vast majority of economists believe something, they will be wrong.

And it’s not because these economists aren’t smart. They are. It’s groupthink, group think. This is, I think one of the reasons that we’ve had the success we have here is just me and Tyler. It’s just us. And we don’t have to sit around a conference table with ten other people and try to come to an understanding, an agreement that we all can sign off on, right? And that’s what economists now have to do. Evercore has a group of, they have ten economists at Evercore, and Ed Hyman is the best in the business. But what do you need ten economists for? To put out a statement? And again, the group think is what destroys being accurate and certainly making money.

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This is why Wall street and money managers fail, because again, the group think that’s involved in making investment decisions. The best returns always come when there’s just a couple of people involved or really even one person involved making the calls. Because again, you develop a feel for the markets and for your investments and where you want to put your money. And groupthink just destroys that. But again, it’s great news about personal income rising. This is why we said we weren’t going to have a recession. The consumer remains strong, certainly corporate earnings will remain strong. And folks, the truth is the economy is picking up steam.

It’s actually picking up steam. I know that sounds like blasphemy to people that hate Joe Biden, but if you read the big bribe, we put a section in there that Joe Biden was probably going to have a Bill Clinton kind of moment and you call him senile and you can hate him for his immigration policy and whatever else, having a son that’s a cokehead. And they’ve gotten rich off completely improper dealings. But the fact of the matter is this economy is doing very well and this is why we said we weren’t going to have a recession. And the fact that now you have personal income rising at such a high rate and corporate earnings growing with a strong economy that’s going to continue, earnings are picking up speed. This is forcing stock prices higher. And this is something else that again I think a lot of you probably know, but I’m going to mention it here. The markets are a discounting mechanism and that’s why the markets have been going up.

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If anyone’s confused about exactly how the markets continue to rise at such a rapid pace, that’s because the markets know what we don’t. They’re always smarter than us. They discount out six to twelve months. So you can really extrapolate what an economy is doing by the action in the markets. And the markets have been telling us for some time that things are fine. We don’t have any issues. Now when the vast majority of economists like 90% start saying no recession and they’re kind of there now, you start to get a little concerned because it does work both directions. We’ll let you know if we start to see some chinks in the armor.

But so far so good. The economy is in excellent shape. Also, just a reminder, if your investment system remains at ten out of twelve screens bullish, that may be changing. We may be going to eleven to twelve. These internals are really starting to pick up steam. We had 503 stocks today, hit a new 52 week high. That’s the highest reading in some time, I believe, and Tyler and I talked about this in our pre podcast meeting. I believe within the next week or so we could be looking at 1000 stocks a day hitting new 52 week highs.

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Now, when that happens, you’re probably nearing some kind of a near term top, but we’re not there yet. Here’s how I know that the percent of S 500 above the 50 day moving average is 67.6%. We were at 80 something percent as we started the year. We would be worried about any kind of a significant short term peak until that reading is over 90%, it’s 67%. Now, the percent above the 200 day is typically higher always, but the percent of the 200 day is 76%. But again, until we get to better 90%, we’re not going to be concerned about a significant short term peak. Again, we’ll let you know when that changes. I will say, however, some of these sentiment indicators like the fear and greed index, are hitting extreme greed.

That’s also the case, by the way, in bitcoin, which is also trading at extreme overbought on steroids. So again, this all goes into our decision making. But we’ll tell you when we’re concerned and when we’re taking some profits or pausing or buying. That is not the case right now. That is not the case right now. But again, we love small caps here. They’ve been leading from last October, November. And again, we think the markets are giving us a gift.

Let me make sure I miss. Yeah, February is over. We now have confirmed four straight months of gains. A lot of you have seen this. I’m going to repeat it quickly. It’s only happened 14 times since 1950 where you’ve had four straight months of gains. But in those 14 times that it’s happened, guess what? Since 1950, the sb of hundred has been higher 100% of the time over the next year with average gains of 17.4%. Hat tip there to Carson research and Ryan Dietrich.

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Really do exceptional work. Good guy, too. So just great work. The analytics have continued to hold up and they’ve continued to be bullish and they continue to be bullish. So again, we’re looking for the next twelve months to be very strong as well. All right, last thing I’m going to cover bitcoin and then we’ll. Yeah, let’s talk about bitcoin here again. What a story.

It’s got a site set to all time highs. Right now I’m looking at my screen 61,300 right now. And the all time high is just over 69,000. So we’re only less than $8,000 away from an all time high. I think that’s going to happen pretty soon. I think that should probably happen in the next few days, just because of the demand and lack of supply. I repeat, I also believe that it’s likely bitcoin will break 100,000 headed into the April having. Could be before.

Kind of think it will be. Certainly not before then. Shortly thereafter. When is that going to be? I think they’re 56 days away now. 57 days away. So mid April, probably going to be a little sooner. Maybe the beginning of the second week of April. And again, the results have been very crystal clear on this.

[00:26:08]:
In the first having, within a year, bitcoin was up 79 times. You made 79 times your money. The second having was every four years. So it’s got to be second having. 20, 16, 18 months later, bitcoin was up 29 times between nine times your money. And the last having was in 2020 and 18 months, bitcoin went up 700%. It made seven times your money. So this time it’s being front ran.

Right. Everyone knows what’s happened in the past. Obviously. The biggie is the SEC approved this earlier this year. Hard to believe that just happened in January, isn’t it? SeC approved these bitcoin ets, nine of them. Now, of course, they’re buying handover fist. It’s just stunning. Again, I got to repeat this, because there may not be a more.

Besides the fact that there’ll never be more than 21 million bitcoin printed, and the fact now the SEC has approved it as an asset, it is a currency, whether you want to call it that or not. It’s now the 14th largest currency in the world. Just surpassed the russian ruble. It’s usually keep climbing that ladder, I can tell you that much. But yesterday, I don’t have the readings from today. We’ll have those soon. Yesterday, 900 bitcoin were mined. It’s not easy to mine these things.

[00:27:30]:
Only 900 bitcoin were mined yesterday. It’s about to be twice as expensive, twice as difficult to mine again, that’s what the having does. Guess how many bitcoin etfs were purchased yesterday by these nine. Excuse me? Yeah. Bitcoin etfs purchased by these nine different etfs. 10,050. Wow. Right, so that’s what’s happening here again.

It’s the best supply demand story on the planet, and that’s been our case for a long time. And I think what people all really for me, and this is what makes me passionate about this, because the little guy, right? When do we get an opportunity that the big guys don’t have? The only way to really do it, frankly, is to have inside information. If you get inside information and you act on it, you’re acting on something that somebody else doesn’t have, and that’s not legal. Guess what? This is legal. What we know is we know the story of bitcoin pretty well defined. We can buy as much as we want, you and I, individuals. Guess who can’t buy it? Vanguard. Like I said, the CEO’s retiring.

[00:28:44]:
I think that’s probably a reason. Why don’t they have an ETF? Why doesn’t Vanguard have a bitcoin ETF? Again, I’m just working on a hunch here, but I have to think that’s got something to do with it, because these are all the rage. Raising tons of money. As of yesterday, what was this? Total $18 billion had already been purchased in 32 days inside of these bitcoin etfs. But, folks, the big guys haven’t shown up yet. Why haven’t they? They can’t buy it. They’ve not been approved. Their firms haven’t blessed it yet, or in most cases, like 80% of stockbrokers, investment advisors and their brokerage firms cannot purchase bitcoin.

It has not gone through compliance yet. They’ve got to get all this approved to get the restrictions lifted. So, you know, financial advisors are going crazy. I saw Morgan Stanley just finally approved it yesterday. But again, it takes time to put these things in place. So this gives us a little guy, a very rare and an incredibly enormous advantage, because guess what? They are coming. The big guys are coming. They’re going to be here.

[00:29:56]:
And talk about an extraordinary setup. Where is bitcoin going to be when Vanguard’s buying it every day? Where’s bitcoin going to be when every brokerage firm allows their financial advisors to buy it? When every brokerage firm can buy it? There is no story like it, folks. And I have a date for when it hits 1 million. My date is May of 2030. That’s my date. I published it on Twitter now X. And so there you go. I think 2030, May of 2030 is when bitcoin tops a million.

I’ll probably be late in that, and I wouldn’t be surprised if it happens a lot sooner. I wouldn’t be surprised to see it happen in 2028. So just do the math at the returns. There find an ETF you like. We like the Kathy woods bitcoin ETF, ARkB as a symbol. And by the way, in our parabolic options program, we’re also long a different set of call options on bitcoin, but we’re long there as well. It’s been a very profitable trade. We’re going to continue doing that and we’re launching our next parabolic options program, be number 19.

[00:31:07]:
We’re launching it here next month, I think in the first two weeks. With two weeks from now we’re launching number 19. So if you like to trade options, we’re not day traders. We don’t do it really aggressively. We only actually have put on a few trades a month, but they’re our highest probability trades. And so if every month we can book gains of a couple 300%, which is kind of what we want to do from a net point of view, then maybe it’s for you. But right now we are along. Bitcoin ets has been very good to us.

We’re going to continue to roll those calls into future months of bitcoin options. That’s leverage on top of leverage, folks. This is really how, again, the little guy has these advantages the big guys just can’t even participate in yet. So look, if you hate bitcoin, don’t understand it, you think it’s a scam, you’re scared of it, whatever, just do yourself a favor and do this in your brokerage account, buy a few shares of ArKB, okay, ArkB again, Kathy woods, bitcoin ETF. Right now, ARKB is trading at $61, just over $61 a share. You multiply times 1000, that gives you the price of bitcoin, okay? Which is right now, 61, 42 bitcoin, 61 four right now. So it’s a very close relationship. And so just buy a few shares of ArkB, because when your wallet’s in it, your heart’s in it, you buy a few shares, you’ll become more interested, you’ll start doing your homework.

And I think most folks listening here probably already own it, but if you don’t, don’t, because it’s going to be a freight train unless something bizarre happens. And I think the bizarreness of bitcoin is actually behind us now. This is now a real asset and it actually is a real currency. And it’s going to continue to climb that ladder of being one of the largest currencies on the planet. See how long it takes to surpass the US dollar. Okay, let’s look at the internals today. Again, a good internals today. I mentioned earlier how.

[00:33:11]:
Let me do a quick refresh here. Yeah, I mentioned earlier, 503 stocks hit a new 519 stocks hit a new 52 week high today. And that’s the highest reading in some time. We only had 103 hit a new 52 week low. Good readings there. Advanced decline was positive by two to one for NYSE. Also Nasdaq positive by two to one. Very good reading there.

Volume today, 66% positive. Volume in NYSE, 61% Nasdaq. Again, these are fine readings. I think they’ll only continue to strengthen because the market’s broadening. Again, that’s a key point here. The market is broadening. And again, this is textbook early bull market action in our sector. Watch here.

[00:34:01]:
Also, good report here today. Eight of eleven sectors finished higher, led to the upside by communication service of 1.1%. Tech also up 1.1. Again, good day there. To the downside, not a whole lot to talk about. Healthcare down 70% to 1%. And who cares because I don’t buy these stocks. Too many have affiliation with these poison jabs and we avoid these like the plague.

Nothing. We won’t. Moving forward, find a great opportunity, something life changing. But again, I think there’s a pox on this group and I think it should be there for a long time. These executives should be locked up for a very long time for unleashing this poison on the world. Trump’s death jab is what that is, and that’s just a reality. He’s a proud father to the jab. Sorry, but it’s just the way it is.

[00:34:48]:
And he still hadn’t apologized for it. These things are on the children’s immunization schedule, folks, and he still won’t raise his voice. How many people, everybody listens to Trump. If you were to come out and say, you know what, folks made a mistake here, or I got know they snowed me, right? How many lives could this man save? And how many vax injuries could this one man help prevent as the proud father of the jab, if he just came out and said, look, the data is becoming very clear now. We have way too many people dying, dying suddenly. And now on the children’s immunization schedule, folks, that means parents that don’t know any better. And let’s face it, most parents don’t. And they listen to their doctors.

These kids are getting, what, 67 immunizations, right? Those are dangerous enough, but now they’re getting this one because it’s on the children’s immunization schedule. How many lives are going to be destroyed from this poison vax. It infuriates me. I haven’t talked about it in a very long time. But again, I follow a lot of people, if you like Kroger enthusiasm, Richard Lewis just died of a heart attack. Again, you can’t say one know, but what if, right? Because you never know. But folks, after you see these every day, people dying suddenly, young people dying suddenly, these turbo cancers, all of this stuff is happening. I think you have to be either deaf, dumb, and blind not to see this, or it’s will for ignorance.

Will for ignorance. It’s one of the two. And Trump should absolutely, I can’t vote for the man because this is for me, this is a matter of principle until he comes out and disavows these poison jabs and says they should be removed from the children’s, our children, for Christ’s sake. Babies six months old to 18 are taking these every year on this schedule, in some states, multiple times a year. Right. I think if it doesn’t infuriate you, I think you got to look in the mirror. I think you got to look in the mirror. I really do.

[00:36:53]:
And everybody that I know is infuriated about it, but very few people have the balls to speak up about it. And I think that’s the travesty right there. Frankly, after 911, when people let that go, right, 100 provable lies about the official story that told me right there, okay, we have a lot of sheep, and the sheep are just trying to get by. It’s not that I don’t understand it. I don’t even want to get in this topic anymore. Okay? But it really is depressing. But more than anything, for me, it’s infuriating. And this country is too know, too great of a country not to speak up, too great of a country not to address these issues.

I don’t care who it is, Trump, or it wouldn’t matter who it is, right. I would be raising my voice. I encourage everybody to speak up. That’s the only way change is going to happen. And we, at least, even if they’re not being removed from the children’s immunization schedule, at least if we speak up enough, maybe parents think about this. If we can all save one life, I think that’s a life well lived, but we got to speak up to make that happen. And so we all have a platform, all have a voice in many different ways through your church and your community, if you’re active in your community, certainly through your family, and if you’re on social media. Speak up.

Kip Herriage [00:38:13]:
Speak up. Let the world know this insanity must end. It must end. It must end. Now, adults could if they want to, but children are taking these things. All right, what else? Today? Bitcoin. I’ve already given you the price. We cover that ad nauseam, I will tell you.

Last trade here, 61,300. And it’s going a lot higher. All right, folks, hope you had a great day. Always appreciate you listening. Have a great night. We’ll see you back here again tomorrow after the close.