Dear Members,
Last week was an amazing week for buying Bitcoin and crypto stocks. In Friday's update we predicted:
“BITCOIN and a few of the crypto stocks are close to buy. We still see Bitcoin test the $148888 level in 2025, and we don’t see Bitcoin below the $72888 level for more than three days, so your downside risk is very limited from here. MSTR, BLCN, COIN, and NPPT look great bets if they get weaker from here. Also, buy OCFT. These are stocks connected to financial technology.”
We have learned that Trump announced adding some cryptocurrencies (Bitcoin, Ether, Solana, XRP, and Cardano) to the strategic reserve. Most of these and other cryptos started moving higher. I am sure many of you must have bought crypto stock on Friday. If you have, hold for two weeks; if you haven’t purchased, you must buy on Monday. Bitcoin is heading for the $111888 level in March, and our target of it testing $148888 is still valid.
Since August 2024, we have been recommending selling the Indian market. Today, for the first time, we are recommending covering short in INDL, which came down from $75.00 to $50.00. Take some long positions in the Indian market for a short period on Monday, but the medium-term trading pattern remains negative. Indian investors follow our daily Indian letter.
This is what we mentioned in the Third week of Nov 2024: Close long in MSTR at $429, COIN at $365, and TSLA at $478; if these stocks reach these levels, one can take put options.
On Friday 28 Feb 2025, we recommended covering TSLA, MSTR and COIN, and take long positions with 10 to 20% gain in these stocks.
We will be building a more aggressive long position in Silver call options, or AGQ, in the coming time. For more information, follow our weekly newsletter.
The coffee trade has proven to be one of the best commodity trades of 2024/25. Now, a small rebound is expected, but we must remember that it topped out last month, and the same happened in cocoa as predicted.
The US Dollar moved higher from the lower side level as predicted, the dollar is in the most powerful astro cycle in the medium term, so keep long positions on weakness.
Thirty-year bond gained value as predicted, so keep adding long positions on any sharp weakness.
Grains lost value, but a great buying opportunity is coming. Gold is dancing on the tune of astro cycle on a daily and weekly basis.
This week, the market will rebound strong, and we must buy our top picks for this week, like ZS and many others. Build also call options in indexes and etfs. A few sectors will provide you with amazing returns, so follow our daily stocks report, weekly newsletter, or flashnews to know the complete trading strategy and daily ranges.
I can’t write more, but this will help you understand the overall trend and may help you make trading decisions. We publish a 21-page weekly newsletter every week, and it is the most favorite among the elite investment community.
If you only trade markets and stocks, then the daily stock report is a great service.
Thanks & God Bless
Mahendra Sharma
Published 3.00 PM PST on 2 March 2025