In today's episode, Kip breaks down the day’s market moves and zeroes in on what’s driving investor sentiment right now. In this episode, Kip explores why oil and the situation in the Strait of Hormuz remain at the heart of ma ...
Don’t look back because the market is closed. Good Wednesday afternoon, everyone. Kip Herriage here with the Daily VRA Investing Podcast. Hope you had a good day today. Kind of a quiet day today, really. A lot of inside action. The Dow Jones was weak and we had really mild action elsewhere. Look, we know it’s about, it’s about two things.
It’s about oil and it’s about the Strait of Hormuz. I guess they’re one in the same, but that’s what it’s about. Got some good data for you on that. Also going to talk about seasonality because Look, as we talked about in February, the last 2-3 weeks of February were not good. But frankly, over the last 21 years, that period has extended into March. Now, usually March and April are gangbusters, two of the best months of the year. But again, over the last 21 years, it’s amazing how they break down this, these data sets. Over the last 21 years, the odds of March— you get to March 4th, March 13th, 14th, That’s been the bottom.
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Well, folks, we’re a couple days away now, and that’s melt-upville, right? Goldman Sachs, uh, they have one guy at Goldman Sachs that I listen to, uh, he’s good, he’s good. He’s kind of like— he likes to— he likes market timing, market direction, calling turns, kind of something that, that we like to point out at extremes in both directions. And he came out this morning, you may have seen this, it’s now all over the place, but I saw it this morning when he, when he said it. Um, he’s now forecasting an extreme move higher. He thinks people are positioned incorrectly. He believes, like we do, that oil prices are going lower. Uh, I mean, they’re down from $120 to— what’s the late— what’s the last price here? $87 today. So they already have dropped a lot.
They never should have gone to $120. But again, I’ve got some data on that in just a moment for you. So I think this is— I think it’s a smart money call, and I think he’s right. We continue to get leadership from the semis. Excuse me. Today again, the semi’s up 0.9%, even in a flat to down market. And we shared the chart with you this morning of the semis to S&P 500. You know, the semis, they’re just rock stars, and all they’re doing is going higher.
And again, they have these pullbacks and pauses, but if you saw the chart we shared this morning, you know, again, I should be— Tyler should be doing this podcast showing you this chart. But there’s been a supporting trend line in our favorite relative strength chart, which is semis to the market, the semis to S&P 500. And every time that’s this, this, the relative strength chart has hit the supporting trend line, it has bounced and moved higher. Uh, that’s 5 times this year. So I think that’s usable data. And again, it confirms what we’ve known for a very long time, which is when the semis are leading the market higher you must be long stocks. Hey, look, at some point, at some point in the next, uh, whenever, this indicator may stop working. But what I’m telling you is that from the birth of quantitative easing— because this is when we started following it— from the birth of quantitative easing, this has been the market direction indicator.
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The semis to S&P 500. If the semis are going higher, leading the market higher, you got to be long. If the semis are going lower, leading the market lower, you got to be real careful with positioning. It’s not necessarily a sell signal, but it likely means market direction is going to change, at least for some period of time. And again, it’s hit that trend line 5 times. Every time it’s bounced higher, and it just bounced off it again 2 days ago. So, um, I think seasonality is, is very much in our favor here. Again, love the semis leading.
What else today? I’m going to talk about Tesla in a moment. I’m going to spend some time on, on that. Some really good— some, I think it’s very timely information on Tesla, along with the fact that if you saw the stock today, stock had a, had a good move higher today. Finished up, uh, had been up as much as 4%, finished up just over 2%. Not bad for a down market. Finished at 408, uh, up 2.15%. Uh, but it’s, it’s, it’s— the chart is a tight triangle, like it’s converged. It’s, it’s, it’s come down to a fine point.
It’s, it’s going to break out one way or the other. At least the probability is high. Of course, we believe it’s going to break sharply higher. We’ve got a lot of reasons to talk about why we think that’s going to be the case that are all taking place next month. So it’s going to be a It can be a very active month for the company called Tesla and one Elon Musk. Um, guy’s been working his ass off. You see, he’s sleeping on the floor again, uh, back in their facilities. Uh, he has been in the zone.
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He’s either— he’s either on Twitter, um, or, or he’s, uh, he’s, he’s at the, the, uh, one of his, uh, manufacturing centers. And, um, he, he is— he is remarkable, is he not? Again, this is now about two things. I’ll repeat what we started saying last week. I got laughed at this, by the way, by a lot of people when I said, for all intents and purposes, the war is over. I think that’s even more the case now, not less. The only war that Iran seems to be fighting, they’re shooting off far less drones and missiles than they had before, were before. At least 90% less. Trump was on TV today saying they’re out of everything.
You know, we’ve taken it all out. Maybe an exaggeration, but I think we get the point. The only war they seem to be fighting now is through the media, through a war of press releases. This is what they put out. I guess to, if I had to guess, if I were in their position, I would put these out regularly too, just so your military, doesn’t turn against you. That’s, I think, if I was in power in Iran, whoever that is now, you know, they’re just, they’re passing around the leadership of Iran like it’s a hand grenade ready to go off. No one wants it. They won’t go into public.
I mean, again, why would you? But my biggest fear would be losing power, losing the military, and maybe a group getting together and taking Trump up on his offer to take out this leadership, to take out this radical Islamic leadership. And if Trump is saying that publicly, as are many others, just imagine what’s happening behind the scenes with these spies, right? With these infiltrators from Israel, from the US, other countries throughout the Mideast. Imagine what’s really going on behind the scenes, the power plays taking place. What group wouldn’t want to control Iran going forward in partnership with the rest of their Mideast neighbors and the United States in a time of peace? Because again, this, this leadership group in Iran has ruled with an iron fist. That’s an understatement. Right? We know that people, if they go in the street and protest, they’re likely going to be killed. You know, I think the earlier in the year, what was the number, 10,000, 15,000 people were put to death? So this is what Trump’s going after. He’s made that pretty clear.
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Iran made the mistake of firing at their own neighbors. That was a major tactical error. And again, I think this, uh, I think we’re, we’re closer to the, to the end, and I think the end could come very quickly. And the Strait, okay, the Strait of Hormuz. Yeah, I, I said this this morning, I had no idea, I had no clue that this country had so many experts on Iranian mines. It is unbelievable. Who knew? I think there must be colleges that offer a degree in this because all of a sudden they’re everywhere on Twitter, right? Oh, they’re good. Here, here, now, now, here come, here come, here come the Iranian mines.
You could be blowing stuff up. Oil’s going to $150, $200, like we said. Like, these people are, they’re desperate for this. I don’t know if they’re nihilists, or maybe they’re, maybe they’re just bots. Maybe these aren’t real people. However, there are enough real people putting their name behind this stuff You can tell if you watch any CNN, and I do. I don’t watch CNN ever except during times like this. I want to see how they’re positioning it.
I want to see what they’re saying. That tells me what the dumb money is doing. It’s a really valuable piece of information. And frankly, when things like this first break out, they’re actually pretty good about giving both sides, but that radically changes into the situation when they must again turn to be, you know, to their TDS and their Trump hatred. And that’s where they are now. Bloomberg’s there too. In the morning, they’re not terrible, but a huge negative slant against Trump and everything we’re doing. But in the middle of the day, Bloomberg’s unwatchable.
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But what I’m learning, what I’m gathering from CNN’s coverage now is that there’s a real desperation and a hope that Iran can, if not win, can claim victory over Trump. They’re rooting for it. It’s not even trying to hide it. That’s the stage they’re at now. And that tells us something very valuable. That tells us that they’re out on a limb. They’re out of the norm. Normal people don’t talk and act like this and wish for these things.
And they certainly don’t love our country. They want to change our country, and they want to change it to a communist nation. This is what it’s all about. This is— if I had to give you one reason why the Save America Act’s not going to pass, and unfortunately I don’t believe it’s going to, is that the people that really rule this country— I mean, the planners, the, the, the multi-decade planners, and of course we have those here probably, you know, driven by AI programs they’ve been using for a long time. Now we get to, but they’ve been around for a long time. Our planners, the shadow state, that’s the intelligence community. And if honest election is required, voter ID is required, then the IC, they lose all power. This is their power base.
This is it— controlling elections, rigging elections. Because if they can keep it balanced— look at, look how tight it is now, right? House, Senate, uh, Supreme Court. Yeah, honestly, uh, it doesn’t feel like Trump appointed 3 of these people, but he did. But the, the IC, intelligence community, has this where they want it. Where it’s fairly balanced and they know there are some key people that they can control. John Thune in the Senate, John Cornyn in the Senate. I can name a lot of names, everybody that’s refusing, refusing to give the Save America Act even a chance. So that’s a depressing note, I understand that.
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I have to say there is a flip side of that coin. The largest companies in America— let’s take Nvidia to Apple, pick your favorite company— they would never allow shareholders to elect their CEO, to appoint their CEO, never in a million years. They want the guy that’s going to be the guy. On behalf of the board and the shareholders. From that point of view, you could make the case that America is the largest company on the planet. Why would we ever want voters to have the ability to elect that person and to really control things? So hey, it’s not that I don’t see both sides. I’m telling you I do. I know which side I’d rather see be the case.
However, I would like it to be, you know, voters However, and I think it’s an important however, if Republicans lose key elections and we lose DC, I think we all know that the first thing Democrats are going to do is do away with the filibuster act. They’re going to do away with it altogether and they’ll pass— it will have more states The Supreme Court will be expanded. We all know what’s going to happen here, and then it’ll be over. We’ll be the UK, we’ll be Canada, essentially. In that kind of environment, I don’t know that I want the leaders, the power, the shadow state that really would have all the power then. I don’t know that I— because we know ultimately that’s what they want us to be. They want us to be a socialist/communist country. Much easier to control, right? It certainly looks like that’s what the direction the world’s going in.
America is pretty much the last country standing. We know this. That’s why these midterms are so important. That’s why I encourage everybody, as much dislike or worse that you may have for Trump and for this Republican Congress, just remember what the alternative is. Come the midterms. Just remember that, you know, my hope and my belief is that with this war ending, fully ending, I think soon— I, I think again, I said days, not weeks, so I’m going to stand by that. That means for the majority of the hostilities, that’s, that’s kind of ended now. Again, but for all these Strait of Hormuz experts and Iranian mine experts, my question to you is Would it have been nice if the U.S.
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and Israeli navies had thought this, thought about this, if they just knew that these, that these mines could be a threat? Of course they did. The navies and military have been dealing with underwater mines for decades. This is nothing new. We absolutely have the technology to stop it. My guess is what Trump and team, what they don’t want is for one bad thing to happen, right? One mine to get through, one missile, one drone to get through, because we know what’s going to happen then. Non-stop, 24/7 coverage of the Strait of Hormuz on fire. Oil goes to $130, $140. Yeah, to see that, that is still a possibility.
So I think it’s important to take their time. Look, ships are going through the strait. You know, they’re, they’re kind of close-lipped about this, but you look at the maps, you see ships are going through. Now, you know, how many and from what country, I don’t know. I know yesterday, uh, somebody in the Trump administration, uh, put out a post on Twitter, said the first ship is sailing through with the Navy defense. And he took that down in like 5 minutes. And I know that because I retweeted it out with my own comment, uh, you know, oil’s going back in the 60s or something, which is what it’s going to do in my opinion. But they, they deleted— I deleted mine.
So I think that they don’t want that being the official message yet. They want to get this right. I, I understand that. And by the way, on oil prices, This got almost no coverage in the media. Last Friday, Reuters had a story out. We talked about it here. Reuters had a story out that Scott Bessant, the extraordinarily fantastic Secretary of Treasury, that he was going to use the U.S. Treasury’s money to short energy futures to bring oil prices down.
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I saw that once. I’ve seen, again, I don’t watch a whole lot of media, but I typically pick things up on Twitter. And I haven’t seen that talked about since, right? I’ve talked about it in a couple interviews. You know, one on Gateway Pundit, they got a fair amount of coverage, but I’ve seen it nowhere else. Well, what’s happened since then? Oil spiked to $120 on Monday, and again, hit a low of $76 yesterday. Last trade now, it’s $87, $88. So oil has crashed. You know, you won’t really hear people in the media call it that, but that, that is what’s happened here.
Oil has crashed and that anonymous sources supposedly within the bessance orbit said that that’s something they were seriously considering. So, you know, maybe that’s happening too. And I think it’s a great thing. Look, we live in a world of financial engineering. You may not like it. This is the world we live in. I don’t think anything’s going to happen to stop it. There’s some really good things from this too.
You know, I don’t like the idea of an all-powerful government manipulating anything, frankly. But in a time of war, I mean, this is when it makes sense. Because the one thing you can’t have in a situation like this is oil going over $100 a barrel, the market’s cratering, and all of a sudden you’re at war. Looks pretty stupid. American people aren’t going to support that, just not going to, and you’ll pay in the midterms. Trump knows all of this, of course. But I do think that, um, even if the Save America Act is not passed, I think that when this is done, if it works out the way again that, that I think it will, that Trump certainly thinks it will, and again, I think we have to give the guy a lot of running room here. He’s earned that.
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His use of the military has been spectacularly good. It just has. You know, it just has. And you can’t blame Ukraine, Russia on Trump. You just can’t do that. That wouldn’t have happened. Ukraine, Russia wouldn’t have happened had Trump been president. It’s all Joe Biden.
But if this is over fairly soon, then I think we look at the midterms you know, several months down the road. It’s a lot of time, a lot of time for things to get better and to people, for American people to feel better. Again, the Trump haters aren’t going to change. But I was talking to a guy today, Bill, you’re probably listening today. I know you listen regularly. And this is a very wise gentleman that’s had a lot of success in business, right? Like, like a lot of you listening, we have such a smart group here, um, a lot of entrepreneurs that are self-made. And, you know, that, that’s me. Um, and I just, I, I, I love that, you know, you— we have attracted people like this here.
So thank you again for listening and watching when Tyler does his. But Bill said today that he thinks this is going to go down extraordinarily well and that there would be statues of Trump all throughout Iran when this is over. That’s the kind of media coverage you can’t buy, and I think he’s right. I mean, these people are desperate for freedom, but right now if they try it, you know, they’re, they’re killed, at least in a lot of cases. Okay, uh, let’s talk a little bit about, uh, oh, semis. I mentioned that first in, first out. Bitcoin continues to rally again, hit $74,000 last week. Then oil spiked, it fell back to $66.
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Now it’s back up to just over $70. That’s a first in, first out indicator of this rotational bull market. IGV, software ETF, up what, 15, 16% from, uh, from its lows. By the way, these lows were before the war started. This is so important. Sam and I just had a meeting about this. These rotations tell you so much about the markets. These same groups— software, momentum, a lot of tech, the Mag 7, right? Bitcoin.
These all started— all, all, all, all coins all started going down last October, November when it didn’t make sense that they were. The markets are always smarter than everybody else, but these rotations happen. Sometimes you can’t make sense of why they do, but the markets are always smarter. So I don’t try to make sense as much. I don’t try to rationalize it, uh, but I want to, I want to, I want to, I want to acknowledge it and I want to witness it. These same groups now— software, tech, momentum, Bitcoin— bottomed before the war started and are now going up. I think this is a very uncovered element of this market in this bull market. I think we’re now witnessing right in front of us a rotation back into these same names.
And as a reminder, The bull market we want to be a part of is the one that I believe is unfolding now, where tech stocks, momentum stocks, Bitcoin get rocking and rolling again. Look, we’re not out of the woods. Again, one bad event and the straddle herd moves, and now we’re talking about having to deal with at least a retest of the lows, what have you, uh, maybe another, you know, bad Monday, which would be a buying opportunity. But I think high probability here that the lows are in, especially for these rotational groups, and now they’re going to become the leaders. Look, bank stocks were leading, look what they’re doing now, right? Energy stocks have been leading, look what they’re doing now. They’re up today, but again, they, they topped last week. So these value names have been falling of late, and again, rotation back. I think it’s a really important point.
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It’s something that we’ve been talking about here again, first in, first out. And we’ll stay on top of that. I look for that to continue. Again, this is, this is an important rotational aspect of bull markets, and that’s why we don’t have these big downdrafts. That’s why the market doesn’t get hit 10 to 15% at events like this, because they’re rotating into other groups. The money doesn’t leave the market, it just rotates into other sectors. And all we need is a bit of good news. And this Goldman Sachs guy looking for an extreme move higher Yeah, he’s going to be spot on.
He’s going to be spot on. All right, let’s take a look. Let’s talk about Tesla real quick. Uh, just FYI, we had 9 out of 12 VRA system screens are bullish. We were at 10 to 12. Uh, we had a little bit of destruction in the market, of course, uh, a little bit of a nervousness, anxiety. That’s not bearish necessarily, but again, oil, you know, oil at these prices, we want to see it back in the ’60s, ’70s., to really get this thing rocking and rolling again. But our fundamental— nothing in our macro story has changed whatsoever.
Uh, that’s just a decrease of 1, you know, of 1 from 10, 10 to 9. And so this is still essentially back up the truck. We get— we have to own stocks here. And again, barring some surprise in the Middle East, I, I think, I think we’re— the lows are— the lows are in. We’re going higher from here. Again, seasonality, in 2 days flips to full-on bullish. And you can see, I think, front-running of that. I think you’ll see— I think my— if I had to guess, that’s forecast tomorrow.
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I think tomorrow and Friday we’re going to see front-running. Fridays are always tough because, you know, what’s going to happen over the weekend, but the markets sniff it out first. And I would expect front-running of hardcore bullish seasonality that begins on the 14th. I would expect that to start tomorrow, which is the 12th. And then, then we’re talking about just being 2 weeks away from the end of Q1, then Q1 earnings, and, you know, again, a very, very bullish March, April in, in an otherwise, you know, very strong generational bull market, structural bull market that is going to continue higher. All right, Tesla, I’ll just mention this briefly. You may have seen the Secretary of Transportation, Sean Duffy, yesterday. They had a get-together in DC, big deal, uh, with the Transportation Department talking about autonomous transportation, what’s happening, getting ready to lay the groundwork for federal regulations which are going to remove the power of individual states to make the regs for autonomous transportation.
This is big not just for Tesla all, you know, all, all of these Waymos, etc., um, which are going to be left in Tesla’s dust, by the way. I think that’s— that point’s pretty clear. But not just that, but also for the Tesla Semi, which is now, you know, in production. The companies that have been test driving this just sing its praises. It’s outperformed anything they thought it could have done. It’s a 500-mile range, you know, just serious get up and go, right? Like drag strip mode in my Tesla Model S, which is, which is a lot of fun. Not really when Cindy’s in the car. She absolutely hates it.
She lets me do it, but she does not like it. And she kind of starts yelling a little bit at about 3 seconds into it when we’re already going 70, you know, actually faster than that. But again, if you haven’t test-driven a Tesla, do it just to say you’ve done it. Do it to experience FSD. And if you’re the guy— if the guy— you— if the, the person at the Tesla dealership, or what do they call that, they don’t try to sell you anything really, they’re just there to answer your questions, uh, ask them to show you how a drag strip mode works. And you’ll have to be like in a Model S, or I think an X has that too, maybe the Y does, I honestly don’t know. But make sure they show you how that works. But next month is big for Tesla, then this next month but really beginning, beginning of April.
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Here’s what’s happening. Uh, again, the chart pattern looks great, uh, a very, a very tight triangle pattern. This, the stock is likely going to break out one way or the other, and we think it’s going to break higher for all these fundamental reasons. So next month we get, you know, the CyberCab goes into full production. They’ll start it slowly, you know, probably 500 cars a month at first, and then start ramping that up. Well, back to my final point about, uh, Sean Duffy. Duffy had this quote. It sounds like Trump saying it because this is the way Trump feels about AI.
America must control and own autonomous transportation, and that means federal regulations must be dealt with. And this is bipartisanship. Democrats like this too. I think everyone recognizes the importance to future Because autonomous transportation is going to change everything. It’s just going to change— it’s going to cost out of everything. People’s insurance costs are going to evaporate. People won’t need a car. Now, that’s not near term, but it won’t be long until there’s going to be a robo-taxi wherever you are.
There’ll be one available. They’ll be everywhere. And maybe you want to keep a car for emergencies, but otherwise you can’t drive yourself this cheaply., right? And again, now no longer you have insurance costs. Insurance, uh, has gone through the roof for cars. And so the average household is going to be able to save what I would think $1,000 a month with just one person for insurance and a car payment. It’s going to change everything. And it’s going to do the same for, uh, you know, commercial trucking transportation, because again, uh, your, your shipping costs are going to fall. There’ll be no one driving.
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You’re not paying a driver. Everything is going to— costs are going to evaporate. And that’s, again, this is part of the disinflationary/deflationary trend that we fully expect will take place over the rest of this decade and then even speed up more in the 2030s. It’s part of our generational bull market theme. It’s deflation. That is the future. It is not even disinflation. It is deflation.
That is the future because of the innovation revolution. So good to see that. How— what else? Tesla, okay, CyberCab next month. Uh, the Gen 3 Optimus is going to be unveiled next month. I’ve seen some videos of this, just unbelievable. The hands look, look and act like human hands. People can have these at home playing, you know, uh, uh, classical concerts for them that are perfection on the piano. And I assume other instruments too, doing everything.
I mean, for a lot of people, as you get older, you tend to lose friends. They’re not here anymore, or, you know, your universe gets smaller. And now people are going to have companionship. I’ve actually had this conversation with people, then they kind of laugh at me, like, friends with the robot? I’m like, yeah, have you not tried any of these AI programs? Have you not tried Grok? And just have an ongoing conversation. It is just an active conversation. And so that’s only going to get better. And this, this Optimus will remember everything you’ve talked about. It’ll be like having a friend that remembers everything you’ve told it.
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Maybe that’s good or bad. There might be some, some secrecy requirements there, uh, put into place. But it’s going to be so important for, for the elderly to have someone there. They don’t want to go into a home They want to stay in their home, but they can’t do things. They can’t take care of their yard. Maybe they can’t cook anymore. They can’t clean the house. They can’t move furniture.
And now, and now they’re going to have a friend. This is what’s going to happen. I know it sounds weird. When I first, you know, started thinking about this, that sounds weird to me. Not anymore. Not anymore. As you get older, I think you understand it a little more. So, Gen 3 Optimist next month.
The Roadster. This is the— this is the rollout that, that Musk has said is going to be the sexiest rollout of any product in history. This car will apparently fly. Okay, my Tesla Model S goes from 0 to 60 in 1.99 seconds, and I’ve tested it, it’s true. The Roadster is going to go 0 to 60 in 1 second. Honestly, the thought of this being on the road does not, does not really give me good vibes. That’s too fast for me. But, you know, for racetrack mode, that kind of thing, there’ll be people racing and just having a good time.
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They’re so expensive. They’re going to be so expensive, you know, the average person won’t want to buy one anyway. I think they’re going to be, you know, like $300 grand or something. But he wants to show off his technology, and apparently the Roadster has been being built with the combination of Tesla’s technology and SpaceX’s technology. That’s why they say it’ll fly. A flying car. The Jetsons are arriving. And then there’s a new AI version.
There was news on this today about a new AI rollout, uh, that is going to be very good for Tesla and for autonomous driving. It’s going to bridge the gap of any— if there’s any kind of lag latency in the communication between the vehicle and satellite or between the cameras, then that’s the risk, right? Now, I’ve only found that to be an advantage. I see no latency in my Tesla. It reacts faster than I can or ever could. My car is— it— I would say I’m a safe driver, uh, except in drag strip mode, but I would say my car is 5 times better driver than I am. It sees things I can’t see. Right, it’s got cameras all over the car, how could it not, right? But again, the new AI, uh, they’re releasing also is apparently going to be spectacular for Tesla’s FSD, uh, soon-to-be unsupervised FSD. So a lot of reasons on the stock.
If you’re new to us, uh, you know, this— we don’t talk about all the buys we have. This is one we talked about because we, we like it so much we can’t help ourselves. And again, this is the number one stock to own for the innovation revolution. Our price target is $1,000 by year-end. It’s $404 now. $1,000 by year-end, $2,500 in 2008, and likely $10,000 a share in a decade. And by the way, we’re not the only ones saying that. There’s some pretty good analysts that have some lofty numbers like we do.
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It’s because so much is, again, robotics and autonomous transportation Those two themes are, are massive for the future. All right, let’s take a look under the hood today. Um, again, just, just like the market, really frankly very quiet. We had, um, 1.5 to 1 negative, uh, advanced decline for both NYSE and NASDAQ. Up volume for NASDAQ again, which has been leading semis and NASDAQ leading. That, that’s a recurring theme from the start of this war, is it not? Uh, today, uh, up volume 59.2%. Again led by tech. Uh, downside for NYSE, just the opposite, down 54.59.4% down volume.
Of course, the Dow Jones is down— what was the final quote here? Dow was down, uh, 289, had been down over 400. Um, S&P 500 barely negative, NASDAQ barely positive. Uh, Russell 2000 today was down 2/10 of a percent. Uh, but all these groups are going to come rolling back. That’s our call. Sector watch today was not pretty, but there was no damage done either. Uh, what is here? Uh, 8 sectors lower, 3 higher, led to the downside by consumer staples, uh, down 1.2%. That was the only loser of the day, down more than 1%.
The upside, energy rallied back up 2.4%. Again, energy stocks had been getting hit. Uh, technology Again, oil today was up 4%. Tech today, 3/10. Again, not much, not much else going on there. Commodity watch also. Again, we had big gains yesterday in gold and silver, gave about half of those gains back today. Oil today— excuse me, gold today down just 1.1%, down $58.51.83.
[00:34:37]:
Silver today down 4%. Yesterday was up, what, 6%? $85.91. You know, it’s hard to be disappointed in gold and silver at these prices remembering what they were 2 years ago. So the charts look great. This is backing and filling, pure technical action. And these, these are buys. No, make no mistake about it, gold and silver are buys on this dip. Crude oil today again rallying back, last trade now $88.
That’s up 5% on the day. And finally, Bitcoin holding $70,000, $70,747 right now. That’s up 1.5% last 24 hours. Again, lead first in, first out. This— the Bitcoin is first in, first out. Unless it violates $59,700, that buy signal will remain in place, and that’s a buy signal for the whole market. All right, folks, that’s it for today. Hope you had a great day and even better night.
We’ll see you back here again tomorrow after the close.
In today's episode, Kip breaks down a volatile but promising week in the markets, highlighting the NASDAQ’s eight-day winning streak, remarkable rallies in the semiconductors and transports, and key indicators signaling continued market strength. We’ll dig into why contrarian signals are flashing, how global events and Federal Reserve policies are shaping investment opportunities, and spotlight the role of “smart money” in driving recent moves. Tune into today's podcast to learn more.
In today's episode, Kip breaks down a pivotal week for the markets, highlighting a powerful seven-day rally and the bullish signals emerging across equities. You'll hear timely insights on how global events—particularly the waning war and a shift in investor sentiment—are shaping smart money movements. Kip explores the lasting impact of retail traders pulling back, the surge in put buying, and why technical patterns and seasonality are now favoring an extended rally. We'll dive deep into the crucial role of semiconductors, transports, and housing as key market tells, as well as the latest action in bitcoin and gold. Kip also shares stories from Wall Street’s past and present, connects market patterns to past cycles, and pinpoints the sectors that stand to benefit as the next phase unfolds. Stay tuned for actionable analytics, market leadership insights, and the strategies driving the VRA approach as we navigate this new phase of the bull market. Tune into today's podcast to learn more.
In today’s episode, Kip breaks down a pivotal Wednesday for the markets, highlighting the Dow’s best single-day performance in a year and pivotal new all-time highs for both the semiconductor and transport indexes. You’ll hear about the ongoing strength of the U.S. economy, despite recent geopolitical uncertainty, including the “smart money hour” streak and blowout earnings from major companies like Delta Airlines. Kip also explores the end of the recent war, its impact on fiscal stimulus, and why corrections in this “generational bull market” are seen as buying opportunities rather than setbacks. Plus, the latest insights on sector rotations, the innovation revolution powering the U.S. recovery, forecasts for GDP growth, Federal Reserve moves, and updates on commodities, energy, and Bitcoin’s market leadership. Tune into today's podcast to learn more.
In today's episode, Tyler breaks down a dramatic start to the week following the long Easter weekend. Our major indexes reversed early losses to finish at their highs of the day, another clear signal of a strong, resilient market. Tyler also unpacks the latest headlines driving market moves, including the late-day development that sparked the sixth consecutive Smart Money Hour. Tune in to find out what it means for investors now.
Welcome to the VRA Investing Podcast. In today’s episode, Speaker A recaps a resilient market performance in the face of geopolitical turmoil, highlighting how, despite heightened tensions in the Middle East and strong rhetoric from Washington, U.S. markets closed at their highs. Speaker A explores the signals pointing to a bullish market pivot, including robust job numbers, the continued strength of semiconductors and bitcoin, and indicators suggesting the worst of the recent market correction may be behind us. The show also dives into the potential of the ongoing innovation revolution, including tokenization and the real-world application of blockchain, and shares why the coming years could bring generational investment opportunities. With sector updates, market internals, and key analysis, Speaker A provides a roadmap for navigating the current landscape and seizing growth opportunities in a rapidly evolving economy.
