VRA Investment Letter: VRA Portfolio +35.7% in 2025. What Comes Next For 2026? The Birth of a "Global Reflation Trade"

Good Thursday morning. Heads up: next week we’ll be launching Parabolic Options Program #24. Each Parabolic program lasts 4 months, where we deploy the VRA Investing System to select only the highest potential options trades (most of our options trades are on ETF’s, with an average holding time of approx. 3 weeks). We only use “call and put” options. Nothing complex. Bottom Line: If you can trade stocks, we’ll teach you how to use our option approach in about 5 minutes. We tell you exactly what to buy and then exactly when to sell, with alerts issued via both email and text…and we’re always here for your questions.

Our current program (#23) has gains of 301%. From the birth of Parabolic Options, 84% of our programs have been profitable, with an average gain of 127% per program. Look for the news on the launch of Parabolic Options #24 early next week.

For the full details, email us at support@vrainsider.com

Before we get into the latest updates and market-moving news, here are our full-year VRA returns for 2025.

2025 Returns

S&P 500 +16.4%, Dow Jones +12.9%, Nasdaq +20.3%, Russell 2000 +11.2%

*VRA Portfolio +35.7%

With a return of 35.7%, 2025 marked 19/22 years that the VRA Portfolio has outperformed the market. Our primary bogey is the Russell 2000 (the most common investment profile to the VRA), which we beat by more than 3 times in 2025.

Top Winners:

Snowline Gold +251.7%, Vista Gold +258.2%, Silver +144.5%

From the birth of the bull market, VRA Portfolio returns for the last 3 years:

2023: +50.3%

2024: +27.1%

2025: +35.7%

VRA Bottom Line: While 2025 was a good year for the VRA Portfolio, the 4th quarter of ’25 was not (we had gains of 41.8% through Q3). Now comes the transition to 2026 and our job of beating the markets once again. We highly recommend that VRA Members take a position in each of our VRA Portfolio holdings as well as participate in our Lev ETF trading program. We never recommend more than 15 holdings at one time, which gives you the opportunity to build a diversified portfolio (but not too diversified). We will continue to rely on the VRA Investing System to ensure that we are on the right side of the market, in the best sectors and in the highest return stocks.

VRA Market Update

As we’ve covered extensively over the last 3 years, we have entered a “structural” bull market that will carry US markets sharply higher through at least 2030. The Roaring 2020’s combined with the Trump Economic Miracle, the Innovation Revolution and an absolute ocean of liquidity will power the US economy and markets higher. We expect 2026 to an historically important year with the S&P 500 surging 30% and nasdaq jumping 50%.

This is structural bull market will continue to be driven by earnings growth (S&P 500 profits projected to rise 15% in 2026) after double-digit gains in 2025. Corporate America will continue to thrive on AI-driven productivity, record capex, tax cuts from the One Big Beautiful Bill Act, and operating leverage with a surging economy which will produce 5% GDP growth in Q1 (our call) rising to more than 8% by 2028. Americans will continue to benefit from sustained consumer spending, powerful wage growth and fiscal stimulus, broadening market participation beyond just the tech giants. This is a “fundamentals “ led bull market, rather than a speculation-driven bull.

The market adage “when bullets fly, stocks are a buy” should be the name of the game this week (and beyond). Importantly, as seen below, the semis continue to lead the S&P 500 higher (hitting a new high earlier this week). Since QE began in 2008, the semis lead in both directions and today they continue to flash full-on buy signals. To find out more about our VRA Top Recommendations, check out our 14-day free trial at VRAletter.com

Dow Theory Buy Signal, and The Birth of a “Global Reflation Trade”

The “back up the truck” bull market continues to surge higher, with ATH’s in the S&P 500 and Dow Jones this week. We also got a Dow Theory Buy Signal on Tuesday, for the first time in 15 months, as the transports joined the industrials at ATH’s. Dow Theory buy signals carried a lot of weight back in the day and this latest buy signal simply confirms what we already knew; the US economy is surging higher, along with US and global equity markets. This is a large scale broadening process that will make 2026 one of the most important and rewarding years for investors in decades.

We’re also witnessing something special here; the birth of a “global reflation trade”…we see it in rising asset class after asset class…and the end result could hardly be more bullish. The global reflation trade is a synchronized economic recovery…featuring moderating inflation and fueled by monetary easing (rate cuts), massive fiscal stimulus (Trump Economic Miracle) and soaring economic demand. This environment will continue to boost cyclical assets, value stocks, small caps and industrials, as growth accelerates well above trend (5% GDP growth is nearing), led by accelerating corporate earnings. The global reflation trade underway today will continue to power the markets higher with what we believe is an important distinction; this time, the Federal Reserve will not snuff out the economic recovery via a new rate-hiking cycle. Combined, Trump and Bessent have effectively neutered the Fed. It’s about time that the Fed gets out of the way and allows the US economy to grow well above trend. BIG.


Finally, here’s my interview from last week with Charles Payne and “Making Money” on Fox Business: In 2025 we had 2 of the top 20 picks on Charles show (Snowline and Vista Gold). 

https://rumble.com/v73tjh0-kip-herriage-live-on-making-money-with-charles-payne-december-31-2025.html

Until next time, thanks again for reading.

Kip

Join us for two free weeks at VRAletter.com

Please join us each day after the market closes for our Daily VRA Investing Podcast! @ https://vraletter.com/podcasts/

Also, Find us on Twitter and Rumble