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VRA Letter: 11/12 VRA Investing System Screens are Bullish. Heads up on Small Caps. Xtract One, DHS Approvals Nearing. DWAC = DJT. ARK White Paper; Welcome to the Great Acceleration.

Good Friday morning. Yesterday marked the 20th ATH in the S&P 500 this year. Bull markets “start" at ATHs (thanks Ted). And now we’re seeing true broadening take place as 801 stocks hit a 52 week high today vs just 72 new ...

Posted On March 22, 202411 MIN Read
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Good Friday morning. Yesterday marked the 20th ATH in the S&P 500 this year. Bull markets “start" at ATHs (thanks Ted). And now we’re seeing true broadening take place as 801 stocks hit a 52 week high today vs just 72 new lows (NYSE, Nasdaq). Garlic strong.

In addition, not only did we get ATH’s in S&P 500, Dow Jones, Nasdaq & Nasdaq 100, but we also had ATH’s in the Nasdaq & Nasdaq 100 equal weighted indexes. Significant broadening is taking place. Textbook (early) bull market action.

And this; the only major index yet to hit ATH is the Russell 2000 which remains 14% below ATH’s…the markets are giving us a gift with small caps. Also note that small caps are just 1.4% away from 52 week highs. Keep buying TNA.

Heads up: next week, likely Monday/Tuesday, we’ll look to add IWM (Russell 2000 ETF) calls to the VRA Portfolio. Approx once a year we add an options position to the portfolio. We look at it as potential rocket fuel for our overall gains. For those in Para...

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