Good Thursday morning all. Bit of a pause in US markets yesterday, if you could even call it a pause. Once new all time highs are hit, some consolidation usually takes place. But I don’t expect this pause will last long.
Read MoreThis past Sunday my phone/email started lighting up, with people asking if I had heard that Karl Bessey had passed away. I was, I remain, in shock. I have heard from a great many that feel the same way. Please allow me a few minutes to honor my friend.
Read MoreGood Friday morning all. Following a big (bullish) day higher yesterday…with solid market internals… here are my thoughts this morning. Buy the dip is evolving into “aggressively buy the dip” for US stocks. This bodes well for our markets as we finish the year out. Again, with just 36% bulls on AAII Sentiment Survey,
Read MoreGood Friday morning all, A heads up on the broad market and VRA System readings. Weakening internals could be pointing to short term market weakness. In mid-term years, August can be a shaky month, seasonally speaking.
Read MoreGDP came in at 4.1%, just a hair below consensus estimates but still the best quarterly GDP growth since 2014. Two things stand out as I read the report quickly; 1) exports added 1.06% to GDP, the highest amount since 2013 and nonresidential business investment grew by a big 7.3%, which should bode well for Q3 GDP.
Read MoreSecond quarter earnings are beating estimates, across the board. Roughly 9% of S&P 500 co’s have reported and something like 80% have topped analyst estimates. While this is not unusual, the following is; fewer than 5% of co’s that have reported have tamped down Q3 earnings estimates.
Read MoreGood Friday morning all. Over the years, we’ve seen this movie before. We’ve seen it many times. Remember the global market hysteria surrounding Greece potentially leaving the EU, where the Euro and European banks would crash, taking the worlds economies with it.
Read MoreGood Friday morning all. Hope everyone had a a great July 4th holiday! Employment data for June was just released, showing the US economy and jobs market continues to grow at an expanding pace. 213,000 jobs were created, beating the estimates of 195,000. In addition, April and May were revised higher by 37,000 jobs.
Read MoreGood Friday morning all. Just a week ago we began warning about the VRA Investing System’s extreme overbought levels in our market leaders, the Nasdaq and Russell 2000. What followed was an almost immediate overbought sell-off that (as of yesterday) took the Nasdaq back to its 50 day…
Read MoreYesterday we highlighted the fact that the Russell 2000 has reached an overbought level that has occurred just twice in the last 2 years. Right on cue, the R2K sold off sharply, down 1.18%, leading the rest of the market lower (along with its co-leader, the Nasdaq).
Read MoreAs expected, the FED raised rates…we now have a 2% fed funds rate for the first time in a decade…they also signaled there may be 2 additional rate increases this year. The central bank’s updated “dot-plot”, a chart of the projections for interest rates of Fed members, should offer a clearer outline for how many rate hikes will be on the way.
Read MoreGood Thursday morning all. Another big green day in US and global stock markets as bears capitulate, by covering their shorts, and then add to the already surging buyside volumes by then going long themselves. This is the nature of how a big move higher in the stock market occurs…
Read MoreA big recovery day in the markets yesterday with 1.5% moves higher across the board and dynamite market internals including 603 fresh 52 week highs to just 145 new lows. The VRA System continues to recommend buying dips, with 9/12 VRA screens bullish.
Read MoreGood Thurday Morning All. If you weren’t able to join us on the Wayne Root Show earlier this week, here’s the recorded NewsMax TV link, discussing China v US trade, the miracle that is #45 and a forward look at the US/global equity markets for the rest of this year, based on VRA Investing System readings.
Read MoreGood Thursday morning all. It's finally happening. The broad market and key leadership sectors are breaking out of a downtrend. Bulls, as we expected, are starting to regain control of the narrative. The train is leaving the station. All aboard.
Read MoreYesterday’s late day selling pressure was interesting, as the Dj and S&P 500 closed .81% lower and Nasdaq .40% lower but the Russell 2000 (small caps) actually put in a positive .30%. But here’s what really caught our attention; the internals were actually flat on the day.
Read MoreA quick heads up; I’ll be on with the great Wayne Allyn Root tomorrow night at 7:30 PM EST (USA Radio- http://usaradio.com/). Please mark your calendars and join us. If my read on these markets is accurate, we’ll be talking about the strong close to the week for the markets, and yes, the likelihood that the lows are in place.
Read MoreThe VRA System was built to remove emotion from my investing. It was built to have us out of the markets in times of turmoil (or short) and in the market when the bull wants to run. We used the VRA System to book 150%+ in net gains from last September through January/February of this year,
Read MoreIt appears that the shorts have been trapped. They’re on the wrong side of the market and must now cover their shorts and go long. This is usually a process that plays out over weeks, but the process should provide a strong underpinning for US stock prices going forward.
Read MoreGood Friday (the 13th) all. Other than avoiding black cats, I have no superstitions for today. Instead, following yesterdays sharp move higher, DJ futures are ramping higher again this am, following dynamite earnings from JP Morgan and Citi, kicking off what should be the best quarter for US earnings in more than a decade. Possibly two.
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"Kip's VRA financial newsletter is a MUST read for every saavy investor in this country. Disregard it at your own peril. His mantra is my mantra. Kip Herriage's newsletter is my financial Bible."
--Wayne Allyn Root
2008 Libertarian Vice Presidential candidate
Author, "The Conscience of a Libertarian"
Good Friday morning.
I have posted this VRA Letter each 9/11 since 2006 (updated only with relevant facts), when my research and due diligence made it no longer possible to remain silent.
Today marks a somber 25 years since September 11, 2001.
Good Thursday morning. In chart after chart we see the same thing; following recent ATH’s in each of our major indexes, significant coiling has been taking place underneath the surface. “Coiling” represents the markets waiting on a near term catalyst(s) that will either extend the primary trend (higher), or potentially signal further consolidation may be required first.
Good Friday morning. Before we get to today’s Letter, there is one important point to remember: we are still extraordinarily early in this bull market. The permabears that like to fear monger us into being tempted to remove money from the markets should be actively ignored and avoided…
Good Friday morning. Breaking: the jobs report for April is in and it’s another beat to the upside. 117,000 jobs were created, beating the estimate of 65,000, with private payrolls almost doubling previous estimates. The unemployment rate stays unchanged at 4.3%. For a comp, take a look north at our neighbor Canada, which just reported a miserable unemployment rate of 6.9%…
Good Thursday morning. We’re seeing important technical and fundamental…and yes, contrarian indicators that point to a near-term “sharp” move higher in the markets and a continuation of this generational bull market. Our call from Monday was that the Monday lows would be THE lows and on a closing basis…
Good Thursday morning.
For our newer VRA readers, welcome….it’s great having you with us. We encourage you to stay locked in over the months and years to come, as we continue on our mission to “Crush Mr. Market”.
Good Thursday morning.
Brief recap of where things stand with the VRA Investing System. Based on the lessons learned from my mentors (Ted Parson, Underwood Neuhaus and Michael Metz, Oppenheimer) I’ve spent the last 40 years building the VRA System. The VRA Investing System is made up of 12 screens, 70% fundamental and 30% technical. ..
Good Thursday morning. Following yesterdays strong jobs data and solid open we had a mid-day shakeout that took the markets from 1% higher to 1% lower, in fairly short order…
Good Thursday morning. We’d like to welcome our new VRA Readers that have joined us recently, many of which have come to us through our TV work with Wayne Allyn Root, Grant Stinchfield and Charles Payne, three American patriots that we are proud to call friends…
Good Thursday afternoon. I was going to do a deep dive on yesterday’s Fed meeting and presser with J Powell, but frankly, it’s not worth our time and energy…
Good Thursday morning. Breaking: Final Q3 GDP is in with growth of 4.4% vs estimates of 4.3%. Beginning last summer we were the first strategists in America (that we are aware of) that began forecasting GDP growth would surpass 5% by Q3 2026. With the Atlanta Fed’s Q4 GDPNow estimate of 5.4% growth, it looks like the Trump Economic Miracle will beat our GDP estimates to the punch.
Good Thursday morning. As we’ve covered extensively over the last 3 years, we have entered a “structural” bull market that will carry US stocks sharply higher through at least 2030. The Roaring 2020’s combined with our "Big 3”…
Good Thursday morning. Before we get to the latest market moving news, here are our full year returns for 2025, and what you can expect from the VRA in 2026.
Good Friday morning. Over the last couple of weeks we’ve talked about the reasons for this short term liquidity-led shakeout, including yesterdays massive intraday reversal which began exactly as (fired) Fed Governor Lisa Cook was giving a speech where she warned extensively of a “sharp market reversal” (In no way do I believe this was a coincidence). However, what’s more important this morning is covering where we are and what comes next.
Good Friday morning. Heads up: I’m scheduled to be on ‘Making Money with Charles Payne’ in the 2PM EST hour. Hope you can join us.
Market Update…
Good Friday morning. Today we’ll cover some of the “chinks in the armor, of this market, then we’ll get to the government shutdown, and finally we will wrap the week with the markets and economy…
Heads up; I’m scheduled to be on Fox Business “Making Money with Charles Payne” in the 2PM EST hour. Hope you can join in (I’ll post the exact time on X).
Personal note: I wanted to take a second to say thank you for being here with us…
Good Friday morning. We have a few VRA Quick Hitters for you this AM:
1.) 2025 Returns: Broad Market & VRA Portfolio…
I have posted this VRA Letter each 9/11 since 2006 (updated only with relevant facts), when my research and due diligence made it no longer possible to remain silent…
Good Thursday morning. As we came into Q2 earnings reports we explained why Wall Street was being far too pessimistic. As you read these excellent Q2 earnings below, featuring earnings growth for the S&P 500 of 11.8%, remember that Wall Street was forecasting growth of just 4.9% (vs our estimates 8–10% growth).
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