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VRA Letter: Semis Surge to Fresh ATH’s on TSM Earnings. The Power of the Roaring 2020’s & Big Bribe Megatrends. Global Liquidity Must-Read. DWAC, FOLGF, XTRAF, PLTR.

Good Thursday morning. All it takes is a 1-2 week shake-out for the permabears (clickbait list-builders) to come out in full force. Rinse and repeat. My guess is the crash-callers are not going to like the earnings report from Tai ...

Posted On January 18, 20246 MIN Read
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Good Thursday morning. All it takes is a 1-2 week shake-out for the permabears (clickbait list-builders) to come out in full force. Rinse and repeat.

My guess is the crash-callers are not going to like the earnings report from Taiwan Semiconductor (TSM), which beat estimates and is up 7% in premarket trading, taking SMH (Semi ETF) to new ATH’s. 
 
VRA Buy Rec SOXL (3 x Semi ETF) is also up 7% to $30.50 (we’re long from $11.05).
 
From Yesterdays VRA Letter: When the Semis Are Hitting ATH’s, the Rest of the Market Will Follow
 

This morning we reiterate our long-established forecast that we are in the "Roaring 2020’s" and that our "5 Megatrends” (from our 10/2022 book “The Big Bribe") will continue to power the US/global economies and equity markets sharply higher into 2030-ish. 

“Buy the dip” will continue to be the smartest of smart money strategies, as the innovation revolution “forces” earnings and stock markets higher, led by semis/tech, growth stocks and specia...

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