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VRA Letter: The Latest From Rich Ross (must read)

Good Friday afternoon. As long time Members know, Rich Ross (Evercore quant) is one of our go-to market strategists. His work is consistently excellent and we wanted to get this to you as you head into the weekend. Ross sees thi ...

Posted On February 28, 20252 MIN Read
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Good Friday afternoon. As long time Members know, Rich Ross (Evercore quant) is one of our go-to market strategists. His work is consistently excellent and we wanted to get this to you as you head into the weekend.

Ross sees this shakeout as we do; a buying opportunity, based on his long term, multi-year bullish views and against a backdrop of extreme fear. Ross is recommending the semis/NVDA (we own SOXL)…which he believes are headed to new ATH’s in a month (!), Tesla (“Full Self Buying” at the 200dma and RSI of 24), and tech (a one day false breakdown…we own TQQQ and others). Ross also likes Bitcoin here, at extreme OS and putting in a textbook hammer candle buy signal. 

As we’ve said often, when Ross and our work aligns, our confidence level is “very high”.

Have a good weekend.

Kip

VRA Portfolio Focus Stocks and ETF’s: We own VRA ETF’s: TQQQ (3 x Nasdaq 100 ETF), SOXL (3 x Semi ETF), TNA (3 x R2K ETF), NUGT (2 x Miner ETF), KWEB (China Internet ETF) and NAIL (...

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