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VRA Letter: Recession Fears Will Be Proven Wrong. Custers Last Stand; Signs of an End to the War. Fear Abounds; Buy Signals Are Rampant. The Lows Are In.

Good Wednesday morning. We’re seeing important technical and fundamental…and yes, contrarian indicators that point to a near-term “sharp" move higher in the markets and a continuation of this generational bull market. Our ca ...

Posted On March 04, 20266 MIN Read
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Good Wednesday morning. We’re seeing important technical and fundamental…and yes, contrarian indicators that point to a near-term “sharp" move higher in the markets and a continuation of this generational bull market. Our call from Monday was that the Monday lows would be THE lows and on a closing basis, that’s exactly what we’ve seen, as yesterday’s closing prices were above the intraday lows on Monday. “When fly, stocks are a buy” has held up, so far.

Our views on the US-Israel-Iran war (no, this isn’t a “conflict”). As you saw in yesterday’s trading, with equities, gold & silver getting smashed as oil, the US dollar and the VIX (Volatility/fear Index) surged higher, here’s what’s going on; yesterday’s trading pointed to “recession fears". While they will be proven wrong…that’s our high confidence call…should this war with Iran drag on, with oil soaring, the Strait of Hormuz blocked and the USD beginning a new bull market, a recession would then become our biggest concern. Aga...

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