Good Tuesday afternoon. Excellent move higher yesterday…full of fresh technical buy signals…taking us to ATH’s in the market-leading semis and nasdaq, as this generational bull market continues to ignore permabear fearmongering. Internals were also garlic strong with 79.4% upside volume and 4:1 advance/decline in NYSE.  Solid internals today so far as well. We continue to witness textbook bull market action, based on rising corporate earnings and GDP growth on its way to 5% +.

Profit Taking in Gold, Silver & Miners 

Today’s a good day to remind everyone of a lesson as to how smart money, long-term investors view days like this (because in my 40 year career I’ve known fewer than 10 day traders that have made consistent money). Here at the VRA we’re long term investors that focus on position building in our favorite investments, while using the VRA System to trade leveraged ETF’s (our bread and butter to beating the market each year).

Today, gold is down 6%, silver is off 8%...