Vertical Research Advisory
Log inJoin Now
Newsletter

VRA Letter: MidEast Attacks Sending PM’s/Miners & Oil Higher. Q4 Earnings Begin. Banks Are Boring but Housing/Mortgages Signal Strength. Gold Mining Stocks, A Clear and Compelling Investment Case

Good Friday morning. US/UK forces have launched a series of strikes against (Iran-aligned) Houthi group in Yemen in response to their attacks on ships in the Red Sea. The attacks may signal a widening in the Israel-Hamas war (see ...

Posted On January 12, 20244 MIN Read
Share:
vra-default-img

Good Friday morning. US/UK forces have launched a series of strikes against (Iran-aligned) Houthi group in Yemen in response to their attacks on ships in the Red Sea. The attacks may signal a widening in the Israel-Hamas war (seen as a key factor of recent Houthi aggression in the Red Sea).

On the news, gold is +$40/oz (2%) to $2060, silver is +$.76/oz (3.3%) to $23.46 and WTIC is +$2.35/bl (+3.2%) to $74.30. The miners (GDX) are trading +2.3% to $29.56.

Also on the news, VRA 10-bagger Tesla (TSLA) is off by 2.8% to $221 as they announce they are shutting down production in Germany (largest European facility) for two weeks due to the strikes and related supply chain issues in the Red Sea. We are buyers of TSLA on this pullback.

Q4 Earnings Kick Off with Major Money Center Banks Reporting

First to report this AM was Bank of America, which disappointed, sending shares down by as much as 5% (down just 2% now). JPM and Citi followed and while their shares initially fell on earn...

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

Start Free Trial

Already have an account? Sign in.

Related Post

May 11, 2026
VRA Letter: Panic Buying…and Why it Will Continue. Focus Melt-up Holdings; GLXY, TSLA, NVDA, TAO.

Good Monday morning. We’re beginning to witness a rare level of panic buying…pure melt-up action...yet as overbought as we may be (well into extreme OB on the VRA System) the bottom line is this market wants to keep going higher. To illustrate this extreme set-up, let’s take a look at the market leading semis (we own NVDA). We think this […]

May 08, 2026
VRA Letter: More Strong Jobs Data. Pre-Alerts on SMR & CWEB. No, Economic Growth Does NOT Cause Inflation.

Good Friday morning. Breaking: the jobs report for April is in and it’s another beat to the upside. 117,000 jobs were created, beating the estimate of 65,000, with private payrolls almost doubling previous estimates. The unemployment rate stays unchanged at 4.3%. For a comp, take a look north at our neighbor Canada, which just reported a miserable […]

May 08, 2026
VRA Alert: Sold TQQQ. Profit of 47%

Good Thursday afternoon. Alert: we were stopped out of our position in TQQQ @ $70.50. Profit of 47% VRA Portfolio: We own our VRA 10 Baggers, which include our focus names of today; Tesla (TSLA), Nvidia (NVDA), Vista Gold (VGZ), Snowline Gold (SNWGF), Xtract One Tech (XTRAF), NuScale Power (SMR) and Galaxy Digital (GLXY). We recently added TNA (3 x Russell […]

May 07, 2026
VRA Letter: Alert: Raise Stop Loss on TQQQ. Broadening Action; Highly Bullish. Gold/Silver/MIners; This Move Could Be Special. Tesla; Slowly Then All at Once.

Good Thursday morning. Alert: raise your GTC stop loss order to sell TQQQ @ $70.50 (last: $71.78). We’ll continue raising our stop loss on TQQQ with the hope it never gets hit. As seen below, Nasdaq 100 has gone parabolic (10% above 200 dma)…the rubber band is fully stretched…and a stones throw away from EOBOS. The most extended of […]

May 06, 2026
VRA Alert: Bought GDXU

Good Wednesday morning. We bought GDXU @ $188.00.  You know our thoughts on PM’s/miners….this group should run for a while. We now have GDXU, VGZ, SNWGF and physical gold and silver, meaning we have a lot of exposure to one theme. However, if we’re right about our positioning in interest rate sensitive names, the rest of […]