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VRA Investment Update: Soaring Transportation and Housing Industries; It’s Boom Time.

Good Thursday morning. So I’m working out this morning when Delta Airlines reported earnings…a record beating quarter for both revenue and earnings…which included the statement that they are ordering a massive number of new ...

Posted On July 13, 20236 MIN Read
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Good Thursday morning. So I’m working out this morning when Delta Airlines reported earnings…a record beating quarter for both revenue and earnings…which included the statement that they are ordering a massive number of new planes to keep up with soaring travel demand, both in the US and abroad. At the same time we know that transportation stocks are on fire, hitting new 52-week highs yesterday. They’ll get another boost today, with DAL up 4% on the earnings news…

In addition to the red-hot transportation industry (our second-most important leading economic indicator in the VRA Investing System), housing stocks…our most important leading economic indicator…hit a fresh all-time high yesterday. Combined with home prices hitting all-time highs, the American homeowner has never been in better financial shape, with credit scores and net equity in their homes at all-time highs, while mortgage defaults are at all-time lows.

VRA Bottom Line: when both housing and transporta...

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