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VRA Letter: Welcome to the Melt-Up. Two Weeks; SOXL +58%. NAIL +74%. Deflation Nation. USD Bear Market. Next Up: VRA Discipline. Beetaloo Webinar. Permabear Warning.

VRA Letter: Welcome to the Melt-Up. Two Weeks; SOXL +58%. NAIL +74%. Deflation Nation. USD Bear Market. Next Up: VRA Discipline. Beetaloo Webinar. Permabear Warning.   November 15, 2023 Good Wednesday morning. Now this is a prope ...

Posted On November 15, 20235 MIN Read
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VRA Letter: Welcome to the Melt-Up. Two Weeks; SOXL +58%. NAIL +74%. Deflation Nation. USD Bear Market. Next Up: VRA Discipline. Beetaloo Webinar. Permabear Warning.
 
November 15, 2023

Good Wednesday morning. Now this is a proper short squeeze. Welcome to the melt-up, featuring an 89.997 upside volume day in NYSE and better than 10:1 advance decline. 

We call that “confirmation”.

From our “back up the truck” advice of late October, our two leading indicators and top ETF buy recommendations SOXL (3 x Semi ETF) and NAIL (3 x Housing ETF) are up 58% and 74%. This is why we use leveraged ETF’s, specifically when the VRA System Screens are telling us its exactly the right move. Even more so when the bears are out in force saying its exactly the wrong thing to do.

US and global markets have jettisoned higher and yesterdays “perfectly disinflationary” CPI report was the icing on the cake. This is why they call the equity and debt markets “discounting mechanisms”…they were t...

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