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VRA Letter: Melt-up Bull Market Phase Remains in Place. Meme Stock Craze Looks to be Returning. Lost Soldier Oil & Gas. Musk: Tesla a $20 Trillion Company?

Good Friday morning. Yes, this is an overbought market but as we’ve been covering with you for the last 2-3 months, it’s also a market that we’ve believed wants to melt up. That’s been our call…that we’re in a melt-up ...

Posted On July 25, 20254 MIN Read
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Good Friday morning. Yes, this is an overbought market but as we’ve been covering with you for the last 2-3 months, it’s also a market that we’ve believed wants to melt up. That’s been our call…that we’re in a melt-up stage of this bull market (the first of many over the next 5 + years). The fact that, from the 4/7 bear market lows, the S&P 500 is up 31.6% with Nasdaq up a stunning 42.4% makes the case for us

Primary reasons this melt-up move can continue: 

1) The bear market ended on 4/7. We’re now in a new bull market. A new bull market that’s in the copy cat phase of the 1995-2000 dot-com melt-up (we’re in about 1996). Except this bull market will be stronger, longer lasting and (far) more powerful.

2) We’re only in the first 6 months of Trump’s presidency. This term is his political swan song. If you understand what drives the president, you know just how much he wants to be remembered as the best president of all time (in all areas, but especially so for the economy/m...

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