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VRA Letter: LSOG Tonight at 8PM EST. Semis/Tech Reversal Higher; Textbook Bull Market Action. Election Impact on the Bull Market.

Good Thursday morning. Heads up; tonight at 8PM EST the team at Lost Soldier Oil & Gas will have a Zoom meeting with important updates on their Wyoming oil and gas play, which industry experts believe could be the largest di ...

Posted On September 12, 20245 MIN Read
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Good Thursday morning. Heads up; tonight at 8PM EST the team at Lost Soldier Oil & Gas will have a Zoom meeting with important updates on their Wyoming oil and gas play, which industry experts believe could be the largest discovery in Wyoming in 4 decades. Look for your Zoom link later today. Hope you can join us!

VRA Market Update

Yesterday was an important day for our markets. It was in fact a textbook bull market day. Prior to the open we had a CPI print with an initial bearish impact, sending the Dow Jones plummeting lower by more than 700 points. Things looked ugly.

But then the semis/tech…our leading tells for market direction…began making the turn higher. And just like that we were off to the races, with the Dow jumping more than 850 points from the lows, the Nasdaq finishing 2.2% higher and the semis closing up a big 5% .

VRA Buy Recs SOXL (3 x Semi ETF) jumped 13% on the day with TQQQ (3 x Nasdaq 100 ETF) up 6%. 

Again, what we witnessed yesterday was textbo...

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