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VRA Alert: Buy SOXL. Tesla; Update on our VRA 10-Bagger, with Earnings After the Close.

Good Tuesday afternoon. We look to be getting confirmation that the pause in our new generational bull market may already be over, with strong gains across the board, led by the semis (+2.5%) followed by Nasdaq +1.75%, both of whi ...

Posted On April 23, 20244 MIN Read
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Good Tuesday afternoon. We look to be getting confirmation that the pause in our new generational bull market may already be over, with strong gains across the board, led by the semis (+2.5%) followed by Nasdaq +1.75%, both of which are leading the broad markets higher. Again, textbook bull market action.

And check out these market internals. NYSE advance/decline is 5:1 positive with up volume of 85%. Garlic strong. And Nasdaq A/D is 3:1 positive with 80% up volume.  Excellent readings all around.

VRA Alert: Enter a market order to buy a full position size in SOXL (3 x Semi ETF). Last trade: $34.25/sh

This will take us to a 150% long position size in SOXL (to go with our existing 1/2 position in SOXL, where our cost basis is $11.05/sh). The semis will continue to lead this bull market higher, likely for years to come.

Tesla (TSLA): $144/sh

VRA 10-bagger Tesla reports earnings after the close. We continue to pound the table on Tesla here, even as the shares have b...

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