Dear Members,
Markets are falling, started from China, Hong Kong, India, Europe and USA. Now from today crucial time is starting because earnings. Today many big giants will announce earning and see strong outcome from the tech giants which means market shall rebound strongly.
We also mentioned S&P to 4371 and NASDAQ 14601 so keep these both levels in mind as both these Indexes may not close below these levels for the more than three days.
On other hand precious metals traded lower, specially silver. Our medium and longer term bullish outlook is intact which means that by end of this year silver will test $38.88 level and in the 21 months $75.00. One of the best bull market in silver is on the way. In our weekly newsletter we recommended buying on Tuesday lower sides. We don’t see silver going below $24.44 level in pending 2021 so keep this level in mind. Today is time to buy some aggressive long in AGQ, SLV. Also one can take buying in gold, as we don’t see now gold going below $1781 in pending 2021.
Today is best day to buy market and metals around lower side or before they close as from Wednesday onward positive trend to start in metals and market.
Coffee has been performing well, we may big move in coffee for the short period so don’t short.
Top pick from todays earning: ENPH, AMD, GOOGLE, MSFT and V. Buy all these stocks as they will move higher big after market. Take a short term call in these stocks or buy stocks.
Thanks & God Bless
Mahendra Sharma