Newsletter

VRA Letter: Nvidia Crushes Earnings as the AI/Innovation Boom Powers the Roaring 2020’s. Our 5 “Big Bribe” Megatrends. Lost Soldier Zoom at 7PM EST. Latest From Rich Ross. X1 News.

Good Wednesday morning. US markets will be closed tomorrow for Thanksgiving with a half day of trading in Fridays session. There will be no VRA Letter on Friday. This evening at 7PM EST we will have a brief Zoom meeting with Lo ...

Posted On November 22, 20234 MIN Read
Share:
vra-default-img

Good Wednesday morning. US markets will be closed tomorrow for Thanksgiving with a half day of trading in Fridays session. There will be no VRA Letter on Friday.

This evening at 7PM EST we will have a brief Zoom meeting with Lost Soldier Oil and Gas to celebrate their Wyoming discovery and award of a Yates decision by the BLM. Look for your email with Zoom link later in the day.

VRA Market Update

All eyes were on Nvidia earnings at the close yesterday and they did not disappoint. Q3 earnings estimates were $3.36/share while actual earnings came in at $4.02/share. They crushed on revenue as well, coming in with roughly $18 billion in revenue while estimates were in the $16 billion range. Nvidia’s revenue grew 206% year over year.

From the bear market lows of 10/13/22, NVDA is up 349%. While we don’t own it in the VRA Portfolio, we do own SOXL (3 x Semi ETF), which is up 283% over the same time frame.

Check this out: Net income, at $9.24 billion was up from $680 million in...

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

Start Free Trial

Already have an account? Sign in.

Related Post

March 01, 2024
VRA Letter: More Friendly Inflation Data with Incomes Soaring. Must Own Small Caps (TNA). Textbook Bull Market Action. Bitcoins Ramp Higher Continues.

Good Friday morning. Vanguard, the money management behemoth with more than $7 trillion in assets under management, saw their long-running CEO Tim Buckley announce his resignation yesterday (effective by year end). Buckley….who detests Bitcoin/cryptos…is almost certainly stepping down for costing Vanguard and their clients untold billions in fees and profits from the Bitcoin revolution. Vanguard, second only […]

February 29, 2024
VRA Letter: More Friendly Inflation Data with Incomes Soaring. Must Own Small Caps (TNA). Textbook Bull Market Action. Bitcoins Ramp Higher Continues.

Good Thursday morning. This mornings inflation data (core PCE deflator) is known to be the Fed’s preferred inflation gauge and we have more good news, meaning broad disinflation continues to build. The year/year core price index rose 2.8%, which met economist estimates, allaying the fears of many that inflation was making a dangerous comeback. It is […]

February 28, 2024
VRA Letter: Members Only Podcast

Good Wednesday morning. VRA Members podcast this AM. Topics: 1) Bitcoins parabolic move continues. $60,600 last. It’s increasingly likely (IMO) that BTC will break $100K into the April halving (even as its trading at extreme OB levels). Keep buying BTC (or BTC ETF: ARKB) and Galaxy Digital (BRKHF). The coming demand surge is going to […]

February 27, 2024
VRA Letter: Analytics Flashing (Big) Buy Signals. Bitcoin Goes Parabolic; Nearing 100% Gains. The Roaring 2020’s. Alert: Stopped out of UVXY. Dow

Good Tuesday morning. These short term mini-pauses have done wonders for the overbought readings on our VRA Investing System. Today, even as our markets are just off of all-time highs, those overbought readings are gone. This market still has room to run, especially small caps, where investors just plowed more money this group than at any point […]

February 26, 2024
VRA Letter: Company-Making Flow Rates for VRA 10-Bagger Falcon Oil & Gas.

Good Monday morning. Our focus this morning is on VRA 10-bagger Falcon Oil & Gas (FOLGF), which will host their online presentation later this morning to discuss the company-making results of the SS1H well in the Beetaloo Basin, Australia, which we can now begin to refer to as a “commercial” discovery. In London trading, Falcon […]