Dear Members,
Here is small part from Fridays daily stock report, we are sure this may help you planning your strategy in the short term.
Fantastic rebound in USA market on positive astro day and we liked move…
Dear Members,
When market sentiment is negative and market rebound strongly on positive days which confirms that markets will follow coming cycle. Thursday we recommended buying in markets around lower side, as we expected positive trend and market rebounded which is great news for investors.
On other hand S&P also held 3841 level which is most important so I will more confident that market may not fall below 3841 in the coming two weeks because still overall astro combinations are not very positive. Friday will remain positive day for market so stay long. At this S&P needs to close above 3939 for the three days to give birth new bull era.
Our this week recommendations in COST, WMT and other retailers have performed very well. We are strongly recommend staying long in retailers. Biotech are bottoming out so watch LABU and tech etf SOXL.
Precious Metals struggled but they also rebounded from the lows. They are also in negative astro cycle as mentioned in a book so I will recommended don’t take any aggressive long but surely slowly accumulate.
Oil prices collapsed which confirms that 2021 top have been achieved in top during early this month.
Bitcoin is holding value but closing below $57775 level could push bitcoin move lower. Now two major changes are about to take place in three weeks, one is Mars moving in Gemini on the 13th of April and Jupiter in Aquarius on the 6th April which could change the dynamic of the financial markets.
Here are the trading strategies and ranges for Friday:
On Thursday USA market rebounded from the lower side which is great news because it confirms that our theory remains intact of overall bullish trend in 2021. Yes, we are in short term uncertain astro cycle so volatility will continue in markets but we strongly recommend watching our short term predictions closely.
On Thursday S&P held 3841 level which is great news, we may see this level holding from here. At this stage next three days could remain uncertain from Saturday to Monday (27th or 30th), we pray that nothing major accident doesn’t take place in nay part of world. Don’t drive fast or no major argument, remain clam and pass these three days peacefully.
On Friday we see positive trend in markets will continue but book some profit on higher sides.
Hold long in retailers, buy biotech etf LABU. Tech stocks are our favorite and they will gain value.
Keep acquiring long positions in lithium, Nickel, cobalt and graphite stocks. Keep acquiring long in battery technology as this bull market is just born, it is baby and it will move higher in the ten stage for the next 10 years so play longer term game here.
Long buying list of stocks is coming in our recommendations as we want to play aggressive once this current negative or uncertain astro ends. At this stage we are not changing our recommendations of buying frontline tech stocks but same time etf like LABU looks so tempting. UVXY one must avoid at this stage as it failed to gain value at current uncertain cycle.
In the short term one can buy AMT, AMAT, CSCO, LHX, VRSN, VZ, CACI, LRCX, NSC, CSX.
Our view for the longer term: We are still holding our longer-term target of S&P moving towards 5200 and NASDAQ 25000. The downside risk is 10%, so keep this in mind.
From 2011, we have been recommending adding all these stocks: TSLA, NFLX, DXCM, AMZN, Google, MSFT, Apple, VEEV, AMD, NVDA, HZNP, MA, V, BAC, COST, and REGN. We are adding new stocks into our buying list from here on: PYPL, PODD, IRTC, TNDM, SWAV, UPS, FDX, ZM, OKTA, FSLY, TDOC, PTON and they all performed well.
Friday’s astro combination recommendation: On Thursday markets rebounded as predicted, on Friday we are recommending adding more long position in market and book profit on any sharp rise in any market.
Keep accumulating lithium, EV car-related stocks and battery stocks. S&P may have small support 3841 level and remaining above 3939 for the five days could push market toward 4228 level.
Friday’s trading ranges: (March 2021 Contracts):
HONG KONG (cash) –27999 to 27611
NIKKEI – 29115 to 28515
NIFTY S&P (Spot) – 14495 TO 14315
CAC – 5998 TO 5941
DAX – 14801 TO 14571
DEX EURO STOXX –3814 – 3753
FTSE – 6679 TO 6602
S&P e-mini – 3917.00 TO 3875.00
NASDAQ 100 e-mini – 12895 TO 12691
RUSSELL e-mini – 2217.00 TO 2133.00
DOW e-mini – 32725 TO 32281
APPLE: 121.41 to 118.95
Amazon: 3063.75 to 3022.95
GOOGLE: 2050.95 to 2011.95
Facebook: 280.07 to 275.98
NETFLIX: 511.98 to 498.09
Microsoft: 235.89 to 231.08
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Thanks & God Bless, Mahendra Sharma
25th March 2021, 03.00 AM, PST