Good Wednesday morning. President Trump is scheduled to speak at the World Economic Forum in a few minutes (8:30 EST) so we’ll have two Letters out this morning.

Alert: yesterday we were stopped out of our position in NAIL (3 x Housing ETF) @ $64.25 for a loss of 3.6%. The fact that we booked profits of 59% in NAIL this past August helps to mitigate yesterday’s loss.

We have two remaining stop loss orders in place; SOXL (3 x Semi ETF) @ $56.90 and TNA (3 x Russell 2000 ETF) @ $53.60. We have solid gains in both and are hopeful our stops are not hit. Both positions are higher this morning.

For our newer VRA Members, know that we take our ETF Trading Strategy seriously. It’s our bread and butter in beating the markets (which we’ve done in 19/22 years since our founding in 2003).

Over the last 8 years our ETF Strategy has produced net profits of more than 4000%. The use of leveraged ETF’s must be respected…these are short-medium term trading vehicles and unless you’re on the r...