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VRA Letter: Roaring 2020’s Bull Market Picks Up Speed. ATH’s Underway. 3 Week Gains of 60% in SOXL & NAIL. VRA Inflection Points Have Arrived. Buy Small Caps! Lost Soldier Oil and Gas; “We Got Gas”.

Good Monday morning. Big news out of Wyoming from Lost Solider Oil and Gas. We’ll cover at the end of this mornings letter, but following yesterdays flow test here’s a direct quote from LSOG President Steve Richards, wh ...

Posted On November 20, 20237 MIN Read
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Good Monday morning. Big news out of Wyoming from Lost Solider Oil and Gas. We’ll cover at the end of this mornings letter, but following yesterdays flow test here’s a direct quote from LSOG President Steve Richards, who spent 37 years in leadership with Schlumberger: “this is the largest discovery in the Western US in at least 20 years”.

VRA Market Update

US equity futures are trading flat this AM, heading into this shortened Thanksgiving holiday week and with all of the major averages coming off of their third straight winning performance. It’s been a remarkable 3-week run, the best 3 weeks since April/May 2020. 

During this 3 week run, the S&P 500 is up 9.4% with Nasdaq up 11.4%. 

The biggest winners? Our VRA holdings and leading indicators, housing and semis, both up approx 20%, meaning our 3 x leveraged SOXL (3 x Semi ETF) and NAIL (3 x Housing ETF) have 3 week gains in the 60% + area. 

As much as we’ve enjoyed this 3 week melt-up, we belie...

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