Vertical Research Advisory
Newsletter

VRA Letter: Seasonality; Nearing Q4 Move Higher. Front-running? Semis Are Leading. Yardeni: Strong Q3 Earnings Will Lead Market Higher. Must-own; Energy Stocks.

Good Monday morning. We’re officially out of August/September seasonal weakness where our major indices experienced losses in the  4-7% range. With October-phobia underway, we’ll learn soon enough if the lows are in or if we ...

Posted On October 02, 20234 MIN Read
Share:
vra-default-img

Good Monday morning. We’re officially out of August/September seasonal weakness where our major indices experienced losses in the  4-7% range. With October-phobia underway, we’ll learn soon enough if the lows are in or if we’re going to have a mini-capitulation event prior to what we continue to expect will be a strong rally into year end.

Here’s what we do know. There will be no government shutdown (at least for another 45 days). There will be no rate hike decision from the Fed (for another 31 days). And we know that Q3 earnings season kicks off towards the end of next week. We expect Q3 earnings to beat analyst estimates by a wide margin. As always, it’s not the news that matters most, its the markets reaction to that news. 

As we wrote last Thursday: 

"At minimum, we’re looking for a multi-day move higher to kick in. We’re about to enter both a new month and new quarter, with significant fund flows that come with it (pensions, retirement plans, share buybacks, etc). It’s co...

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

Start Free Trial

Already have an account? Sign in.

Related Post

May 28, 2024
VRA Letter: Bullish Set-up Remains in Place. Semis Are “Still” On Fire. Buy Miners on Weakness.

Good Tuesday morning. Hope your Memorial Day weekend was a good one, as we honored our heroes who made the ultimate sacrifice for our country. Equity futures are slightly higher this AM as we kick off a 4-day trading week. It’s been a solid month, with the S&P 500 up 5% and Nasdaq up more than […]

May 24, 2024
VRA Letter: VRA Members Only Podcast

Good Friday morning. It’s a good time for a VRA Members Podcast. Lots to cover, from our overbought markets (past tense) to our VRA 10-baggers. Vertical Research Advisory · VRA Members Only Podcast 5.24.24 Topics: 1) Thanks again to Wayne for having me on his new hit show last night, “The Root Reaction”. I think […]

May 23, 2024
VRA Letter: It’s All About Nvidia…and a Second Dot-com Bull Market. NVDA +837%. SOXL +753%. Quick Hitters; PM’s/Miners. Tesla. Lost Soldier Oil & Gas.

Good Thursday morning. Heads up; I'll be on Wayne Allyn Roots new hit show on Real Americas Voice tonight at 10 PM EST. Hope you can join us! It’s All About Nvidia…and Another Dot-com-like Bull Market The investing world expected Nvidia to beat on Q1 earnings…they did not disappoint. Check out these mind-blowing statistics: - $26 billion in revenue […]

May 22, 2024
VRA Letter: Join Lost Soldier Oil & Gas for Tonight’s Zoom at 8PM EST

Good Wednesday morning. Tonight at 8PM EST, Lost Soldier Oil & Gas will host their next Zoom meeting. It’s a remarkable story. Over a 40 year period, principals and major investors with Lost Soldier began putting together what is now a 40,000 + acre play in Wyoming (2 hours from Casper). Because the property contained a […]

May 22, 2024
VRA Letter: Nvidia Day Is Here! VRA Portfolio Decision; We’re Not Taking Profits. Semis Will Continue to Lead Higher. Must Read From Rich Ross. X1 Update.

Good Wednesday morning. Nvidia day has arrived. After the close, NVDA announces Q1 earnings with estimates of $5.63/share (EPS) and $24.6 billion (revenue). The only question here is “by how much will they beat these numbers?”  Remember, it was NVDA that kicked off the AI craze with their Q1 earnings report in May 2023…just as the […]