Vertical Research Advisory
Log inJoin Now
Newsletter

VRA Letter: The S&P 500 Joins the ATH Party. 10/12 VRA System Screens Bullish, With Room to Run. Quite Possibly the Strangest Thing I’ve Seen in My 38

Good Monday morning. With the Dow Jones, Semis, Nasdaq 100…and now the largest and most important equity index on the planet, the S&P 500, closing at all-time highs on Friday…that sound you hear is investor’s opening th ...

Posted On January 22, 20244 MIN Read
Share:
vra-default-img

Good Monday morning. With the Dow Jones, Semis, Nasdaq 100…and now the largest and most important equity index on the planet, the S&P 500, closing at all-time highs on Friday…that sound you hear is investor’s opening their brokerage account and 401k statements over the weekend and realizing their exposure to the stock market is likely too low.

Once we hit all-time highs in an index (or a stock), every investor with a position in that investment is in the green, a powerful motivating force that tends to result in continued “higher highs”.

As my first mentor Ted Parsons liked to say “bull markets don’t really even start until we hit new all-time highs. That’s when the real party starts.” Ted left us some time ago but I believe he’d be aggressively long this market.

Let the “real party” begin. RIP Ted, on your no doubt massive sailboat in the sky.

VRA Investing System Update

As we start trading today, even as many of our leading indexes and sectors are hitting ATH’s, an...

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 14, 2024
VRA Letter: Tame PPI Sets the Stage for Tomorrows CPI. Interest Rate Sensitives Point to Lower Rates. Must Own; Precious Metals/Miners. Meme Stock Craze, Again. Latest from Uber-Bull Rich Ross.

Good Tuesday morning. As we covered yesterday it’s a big week for the inflation narrative. This morning we learned that the PPI came in a bit hot, even as it matched y/y estimates of 2.2% inflation, the monthly read of PPI (ex food and energy) came in at .5% vs estimates of .3%. Importantly…and this […]

May 13, 2024
VRA Letter: VRA Macro Views Fully Intact. The Week Ahead, As Rate Cuts Near. SOXL; Must Own. VRA System Buy Signals.

Good Monday morning. A quick recap of our macro views; We’ve entered a generationally strong, structural bull market, powered by:  a) US consumers and co’s in their strongest financial position in decades. b) the burgeoning “Innovation Revolution” (led by semis/tech) that will power earnings and GDP growth for years to come (2030+). c) overtly and […]

May 10, 2024
VRA Letter: VRA Quick Hitters

Good Friday morning. VRA Quick hitters. 1) "Don’t Fight the tape, don’t fight the Fed". Until yesterday…when it became clear to us that the Fed will soon start cutting rates (following June cuts from the BOE and ECB)…I had not written those words in at least two years. A truer Wall Street axiom is hard […]

May 09, 2024
VRA Letter: VRA System Trading/Investing Heads Up. Market Update; Rate Cuts Are Nearing; Don’t Fight the Tape, Don’t Fight the Fed. Pm’s/Miners; Next Leg Higher is Underway. Xtract One

Good Thursday morning. Heads up: going forward we will be more active in trading ETF’s (via our preferred leveraged and non-leveraged ETF’s). Using VRA Investing System readings to facilitate each trade, we’ll have a more proactive approach in trading our favorite ETF investment vehicles. In bull markets (this one) we’ll look to to “buy” an ETF when […]

May 08, 2024
VRA Letter: Schedule Change

Good Wednesday morning. Today’s VRA Letter will follow later today. Thanks, Kip VRA Portfolio Focus Stocks and ETF’s: We own VRA ETF’s: ERX (2 x Energy ETF), SOXL (3 x Semi ETF), TNA (3 x R2K ETF), NUGT (2 x Miner ETF), URA (Uranium ETF), KWEB (China Internet ETF) and of course our VRA 10 Baggers, which include our focus names […]