Good Tuesday morning.

VRA Alerts

1) We bought NuScale Energy Corp (SMR) @ $30.00

2) We sold ERX (2 x Energy ETF) @ $71.50. Profit of 11%.

3) We sold URA (Global Uranium ETF) @ $32.80. Profit of 66%.

You’ll find the VRA Portfolio updated with all trades/positions in your VRA Members Site later today. BTW, we’re likely the only FinPub in the country that posts all trades/returns going back a full decade.

VRA Letter - Quick Hitters

1) Another day without BTC $100k is resulting in a further sell-off to as low as $91,490 this AM (last $92,400). After coming within $300 of hitting six figures, we’re now seeing buyers that are exhausted, weak hands that are selling and margin calls kicking in. Combined this has the shorts pouncing. This is action that we expected after hitting $100k. What does it mean? It likely means a longer journey to surpass $100K with backing and filling and the shorts in control. Longer term, this is healthy and normal action…but in the short term, ...