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VRA Letter: 2-Week Cease Fire = Massive Short Covering Move Higher. VRA Portfolio & Positioning. Next Up. Tesla Rolls Out Version 14.3.

Good Wednesday morning. As you’ve no doubt seen, a 2-week cease fire was agreed to last night. Whether or not it holds is a different question. Israel isn’t happy with the stoppage and if you’ve read through the 10-15 points ...

Posted On April 08, 20268 MIN Read
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Good Wednesday morning. As you’ve no doubt seen, a 2-week cease fire was agreed to last night. Whether or not it holds is a different question. Israel isn’t happy with the stoppage and if you’ve read through the 10-15 points in the agreement (not sure why there are two), it’s clear that both sides have a number of issues to work through.

My read: Trump wants this over and done with. The pushback on his post yesterday about "wiping out an entire civilization” reflected poorly on America and the ideals we stand for. IMO he realized that after the fact. He can also read the polling which shows that he’s lost the independents. Trumps job now is to get this over and done with and focus 100% of his attention on domestic issues. Included in this is getting The Save America Act passed (if R’s want a shot at winning the midterms). 

In the meantime we’ll stick to the markets and what this news means for the markets and VRA Portfolio. Know this; the move higher this morning is being led by ...

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