Good Monday morning. Today marks 22 years from the 9/11/01 attacks. Later today we’ll issue our annual 9/11 letter, where we continue to join the more than 3000 architects and engineers in calling for a new investigation into the attacks.

VRA Market Update

Futures are higher as we start a new week, with each of our major US indices sitting at short-term neutral readings (overbought/oversold) with the VRA Investing System remaining at 9/12 screens bullish. As you’ll read a bit later from Stock Traders Almanac, seasonality continues to tilt negatively, at least until we reach the highly bullish time frame of late October into Q1 2024.

In late July, as we began warning about upcoming weak seasonality, we also made it clear that instead of selling VRA Portfolio ETF positions (in advance of any weakness) that we were not going to try and get too cute in this bull market of bull markets, but instead, we would continue to use weakness to “buy the dips”, while also using monthly dolla...