Good Monday morning. As covered on our Thursday night Members Zoom (the recording is in your Members site and Newsletter, 10/23) and in Fridays Letter, the VRA Investing System now sits at 10/12 screens bullish (up from 9/12), which is a "back up the truck” buy signal. Let’s go over some of the reasons that this is the most bullish I’ve been in my career:

- On Friday, each major index hit all-time highs… as did the market-leading semis...while at the same time the early October shakeout completely removed our extreme overbought readings, leaving our markets in a near-perfect set-up (with room to run) as we head into the heart of Q3 earnings. At the same time, investor sentiment remains in the toilet, a significant contrarian buy signal, as the long-running PSYOP of negativity remains firmly in place. The Dow Jones topped 47,000 for the first time on Friday and at this rate it might have to cross 60,000 before these investor sentiment surveys (Fear & Greed, AAII, etc) flip from '...