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VRA Letter: Semis Hit by ASML; Powerful Analytics. VRA Market & Investing System. Trump Destroys Bloomberg. Bitcoin and Gold Rallying. More Financial Engineering.

Good Wednesday morning. As Tyler broke down on his podcast yesterday, our markets were gearing up for another march to ATH’s when Dutch Semiconductor ASML (largest European tech company) had a “technical error” that resulted ...

Posted On October 16, 20246 MIN Read
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Good Wednesday morning. As Tyler broke down on his podcast yesterday, our markets were gearing up for another march to ATH’s when Dutch Semiconductor ASML (largest European tech company) had a “technical error” that resulted in their earnings being announced a day early. Those earnings featured poor guidance, which sent ASML down 17%, dragging the semis and broad markets lower with it.

VRA Buy Rec SOXL dropped 15.5% on the day, just hours after I covered these SOXL analytics in yesterdays VRA Letter: 

"Analytics on SOXL (from 10/15 to 12/15):

Since inception (2010) to 2023, SOXL has seen an average gain from 10/15 to 12/15 of 29.6%.

The 5 year gains from 10/15 to 12/15 are 54.4%.

(Past performance is no guarantee of future results...but wow)."

VRA Bottom Line: the analytics above are some of the most powerful 2-month results I’ve come across over the years. What happens next in the semis is important, as the clear market leaders. We highly doubt that "slowing growth” ...

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