Good Monday morning. Even in the face of overbought markets, bearish seasonality and a wall of worry that’s been well constructed, last week each major US index finished higher and did so for a fourth straight week. AKA, the performance one might expect during a generational bull market.

We have another big week ahead, as we’ll get Fed minutes, both the CPI and PPI reports, along with Q3 earnings that kick off at the end of the week (banks). On Thursday we have another important event…likely a milestone event…as VRA 10-bagger Tesla hosts their Robotaxi unveiling. 

VRA Investing System Note: 10/12 VRA System screens remain bullish, with each broad market working off their extreme overbought readings. A textbook bull market pause. We remain aggressively long the market. While we have paused our buying of broad market positions (while continuing to add to our VRA 10-baggers), as you’ll read next, this continues to have the feel of a market that may melt-up into the election…doing ex...