Vertical Research Advisory
Log inJoin Now
Newsletter

VRA Letter: Nvidia Earnings Miss? Paulsen; The Consumer Leads the Bull Market Higher. Housing Strength. Snowline Gold News.

Good Thursday morning. Heads up: Tyler will be on Wayne Allyn Roots ‘The Root Reaction” on Real Americas Voice tonight in the 10 PM EST hour. Hope you can join in! VRA Market Update Nvidia reported earnings yesterday after t ...

Posted On August 29, 20245 MIN Read
Share:
vra-default-img

Good Thursday morning. Heads up: Tyler will be on Wayne Allyn Roots ‘The Root Reaction” on Real Americas Voice tonight in the 10 PM EST hour. Hope you can join in!

VRA Market Update

Nvidia reported earnings yesterday after the close, easily beating analyst estimates but missing the whisper numbers. The shares fell as much as 10% on the news but have since rallied back to -4%. Over the last 3 weeks, NVDA surged more than 35% off of the 8/5 lows, hitting heavily overbought levels on the VRA System. Following some backing and filling in NVDA, we look for NVDA to resume its powerful bull market run. While we do not own NVDA, we are long SOXL (3 x Semi ETF), where we are buyers on dips.

As we covered yesterday, the VRA System sits at 10/12 screens bullish, a slight downtick from our ATH readings of 11/12. The reasons for the downtick are three-fold; Market leadership has degraded slightly, with the semis/tech having led lower beginning in mid-July. Two, seasonality is turning a bit...

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

Start Free Trial

Already have an account? Sign in.

Related Post

June 11, 2026
VRA Letter: Xtract One Tech Earnings

Good Thursday morning. I’m in meetings this morning but will be back with our Letter a bit later. We’ll also be on the Xtract One Tech (XTRAF) earnings call this morning and will report back. This looks to be the most important, and certainly the most impressive earnings report from X1 to date. Here’s an […]

June 10, 2026
VRA Letter: Excellent Internals on a Bad Day. May CPI Report; a Slight Beat. Capitulation Readings in Gold Miners. Own Physical Gold/Silver, Avoid Fiat.

Good Wednesday morning. Late in the trading day yesterday we learned that Trump was planning to take fresh military action against Iran, in what they continue to call “defensive actions”, while the ceasefire remains (somewhat) intact. This sent the markets reeling mid-day although a solid afternoon rally resulted in a positive close in the Dow […]

June 09, 2026
VRA Letter: Our Bullish Themes Remain Fully Intact. Trump; Juicing the Market. China’s Warren Buffett Buys Tesla. Galaxy Digital Jumps 21%. Oil/Rates/USD.

Good Tuesday morning. Yesterday’s trading looks to have confirmed that Friday's selloff was an anomaly in an otherwise strong bull market. Our Big 3 remain: the Trump Economic Miracle, Innovation Revolution and an absolute ocean of liquidity will continue to power this market higher into the 2030’s. Dips will remain buying opportunities. From the beginning […]

June 08, 2026
VRA Letter: Fridays Selloff; the Data Says It’s a Buying Opportunity. What We’re Watching and Ready to Act On.

Good Monday morning. Following Fridays sharp selloff in Nasdaq (-4.2%), over the weekend we saw a resumption of military action between Israel and Iran, which resulted in oil jumping 5% overnight to $95/b. However, those hostilities now look to be over, with oil trading back down to $91.50 as Trump encourages both sides back to […]

June 05, 2026
VRA Letter: May Payroll Data; Red Hot. Market Update. Your Questions: Falcon Buyout, SpaceX IPO, Bitcoin/TAO, VRA Portfolio.

Good Friday morning. The May jobs report is in and the results are strong with 172,000 jobs created vs estimates of just 88,000. The unemployment rate is unchanged at 4.3%. In addition, the last two months of payroll data have been revised higher by a total of 93,000 jobs. Two points here; the economic benefits of […]