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VRA Letter: Lost Soldier Zoom. VIX Dominated Fear Meets a Wall of Worry. Quick Hitters: Buyback Blackout, KWEB, PM’s/Miners, Falcon, BTC, Musk/Trump.

Good Tuesday morning. Heads up: tonight at 8PM EST Lost Soldier Oil & Gas will have their next Zoom meeting. With drilling getting underway again...on what may be the largest gas discovery in Wyoming/the region in more than ...

Posted On October 08, 20246 MIN Read
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Good Tuesday morning. Heads up: tonight at 8PM EST Lost Soldier Oil & Gas will have their next Zoom meeting. With drilling getting underway again...on what may be the largest gas discovery in Wyoming/the region in more than 4 decades (possibly an ocean of oil below as well)...this is a zoom you’ll want to be on. Look for the Zoom link later today. 

VRA Market Update

Yesterday’s trading was dominated by a VIX (volatility index) that jumped 18% on fears of additional MidEast conflict/war, rising rates and oil prices, and now, another hurricane (Milton) due to hit Florida tomorrow. With the shocking destruction of Helene still being dealt with, another dangerous hurricane is the last thing the South needs.

Combined with fears of an 'October surprise' (potentially waiting in the wings?) and the bearish October seasonality of election years, we would fault no one for being nervous about the stock market. Frankly, it’s remarkable that yesterday’s losses weren’t greater. Of cours...

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