Dear Members,
Here are a few trades for this week.
NVDA earnings will be announced this week, and we see it performing very well as its earnings will be very robust. Any weakness in NVDA after the earnings announcement should be taken as a buying opportunity. It will move higher on Thursday. It won’t fall below $108 in the coming time, and on the higher side, we may see $145, with a target of $178.
Still, the market may witness some volatility, but remember that the negative astro cycle is ending this week, so any short weakness shall be taken as a buying opportunity on any bad news regarding stocks or the Middle East. S&P is half a percent away from the all-time high, and NASDAQ is 5%. In this year's book, our first important target is 5775 and the NASDAQ 21111 level. Read our detailed weekly or daily newsletter carefully.
Avoid CRM, NTAP, and CRWD, but buy HEI, PDD, TCOM, S, NVDA, HPQ, MRVL, and DELL, as these stocks will gain value.
Gold and Silver are ready to move from Friday. An upward trend will start on September 3rd.
The Dollar Index is ready to bottom out at or around 99.88, as predicted. Once the USD index reaches 99.88, start building short positions in the Euro, Pound, and Yen.
For the last 25 years, we have been almost 99% accurate in oil. During the previous two years, we nonstop recommended shorting oil, selling bullish ETFs, or selling call options in the energy market. Currently, $70.11 is a crucial astro support level; on the higher side, $78.78 is the selling level. This week, higher-side selling is recommended, but next week, we may recommend buying the energy market.
Grains will bottom out by Thursday, and starting this week, it's a great time to shorten cocoa and Orange Juice.
The 30-year bond will keep increasing, and Bitcoin will be a great short from here onwards. Keep building short positions around $68000 with a target of $52111.
From here onwards, I will try my best to guide you through the updates and news section members with small updates on a regular basis.
Our unique 15% extra time offer is starting, so it is a great time to take advantage of it. This is our annual offer, which we announce at the end of August every year.
Thanks & God Bless
Mahendra Sharma