Vertical Research Advisory
Log inJoin Now
Newsletter

VRA Letter: Hurricane Beryl.

Good Tuesday morning. 2 million are still without power in the Houston area and we’re in that group. This was a low-wind hurricane but not only is power out most everywhere but cell service with it. I’m writing this from our l ...

Posted On July 09, 20244 MIN Read
Share:
vra-default-img

Good Tuesday morning. 2 million are still without power in the Houston area and we’re in that group.

This was a low-wind hurricane but not only is power out most everywhere but cell service with it.

I’m writing this from our local HEB (grocery store). They are telling us we “may” be back up tomorrow.

Market Update

We remain in a highly bullish seasonal time frame for stocks and look for the market to continue moving higher in advance of Q2 earnings.

- While the S&P 500 and Nasdaq are hitting extreme overbought levels, the Dow and semis continue to look good here (nowhere near OB).

- as rates continue to move lower, we look for precious metals & miners to move higher

- Investors are fearful, as we’ve been covering, and as we see in this chart from JP Morgan. This is a recipe for a market that wants to keep going up.

- Rich Ross remains solidly bullish.

I’ll be back with more as soon as possible. We have a lot of questions for how ...

Continue reading your article and start your free 14-day trial with VRA.

Start Free Trial

Already have an account? Sign in.

Related Post

December 03, 2024
VRA Letter: How Far Can This Rally Go? Love the Semis & tech. Bitcoins Journey to $100k. Lost Soldier Oil & Gas Logs.

Good Tuesday morning. The most common questions we get today go like this; “how far can this rally go? Are we nearing a top? Is it a mistake to buy here?” Investors have become so beaten down that they see a bear market around every corner. Hey, we get it. We remember that from 2018 […]

December 02, 2024
VRA Letter: November, What a Month. Tesla & Bitcoin Soar 38%. The Macro is “Everything”. The Trump Doctrine. Semis, Miners, Bitcoin.

Good Monday morning. What a month November was. The S&P 500 was up 6%, the Dow Jones was up 7.5% with nasdaq up 6.2%. The big winner? The Russell 2000, as small caps soared 10.7% for the month.  The VRA Portfolio had a good month as well, led by holdings we’ve been pounding the table on. Bitcoin […]

November 27, 2024
VRA Letter: Fox Business @ 2PM EST. Americas Most Important Thanksgiving in Two Decades. The Red-Pilling of America and the Return of Animal Spirits.

Good Wednesday morning. Heads up: I’ll be on Fox Business with Charles Paynes “Making Money” today in the 2PM EST hour. Hope you can join us. My goal is to discuss the core of this mornings Letter. This will be our last Letter until Monday, in observance of Thanksgiving. The markets are closed tomorrow and open a […]

November 26, 2024
VRA Alerts: Bought SMR, Sold ERX, URA. VRA Letter: Bitcoins Struggles to $100k. Trump 2.0 with Scott Bessent. PM’s/Miners, TNA, GME.

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. […]

November 25, 2024
VRA Alerts: Sell URA, Sell ERX. Buy NuScale Power Corp. VRA Letter: Long & Strong, Melt-up Set-up Still in Place. TNA, TQQQ, Bitcoin, TSLA.

Good Monday morning. We have two sell recommendations and one new buy rec.  Alerts:  1) Enter a market order to sell ERX (2 x Energy ETF). Last: $72 ERX has hit extreme OB readings on the VRA System. We will look to repurchase ERX when it returns to a buy signal. We paid $64.40 for ERX. […]