Dear Members,
Globally Markets have been performing well as predicted, it looks that 3775 level could be achieve before the end of this year but still we are very happy that S&P came close to 3800 which was this year higher side target. Since March 22, 2020 we have been recommending buying stocks.
On Wednesday higher side some profit booking may come after FED chairman statement. This Friday is triple witching day some lot of volatility may come but still we are strongly recommending focusing on medium term. LABU have performed well along with SOXL.
FAS, financial etf we recommended this week, and we are still recommending staying long as financial can take this market to next level.
This week on Monday we recommended buying precious metals and base metals, Thursday will be right day to book profit if you are short term trader. Today late Wednesday book partly profit in precious metals.
On other hand currency looks to top out in the next 10 to 18 hours, and they can lose three percent value from current level so take some aggressive short position in the most of Frontline as well as emerging market currencies. Follow our weekly and daily flashnews for price ranges.
Predictions of oil testing $48.78 level is close to fulfill, buying oil at $9.75 in May was best call.
Coffee is ready to make mega move so get ready to acquire positions.
Take small, long positions in CLNE and BLNK.
Stay long in most of our recommended stocks, add more NFLX today.
MRNA, TBIO, LLY and BNTX performed well in the last one month, though BNTX and MRNA have been struggling during this week but still we recommend staying long, and buy some positions in JNJ, and INO.
This year so far our favorite stocks like SEDG, ZS, ROKU, QDEL, TSLA, BGEN, NVCR, CRWD, TTD, MDB, TDOC, LVGO, OKTA, DOCU, TEAM and many other stocks. Still many of these stocks has room to move further higher.
Thanks & God Bless
Mahendra Sharma