Dear Members,
A small part of the update:
Our weekly newsletter recommended that metals and commodities be sold on Monday as sharp corrections may come in metals and other commodities on Monday. Close long in coffee at $311. Cocoa and orange Juice are on our shortlist. Avoid grains, but a great era is about to begin.
The market is very close to important levels. Quantum computing companies are on fire. Our buying recommendations in IONQ, QBTS, and QUBT have been moving multifold. Crypto stocks are coming very close to shorts. SMCI came in our buying list at $21.00. In the last three trading sessions, we have been recommending shorting crypto stocks like COIN and MSTR.
This week's top pick is WWD, which will announce earnings tomorrow. Stay long in IMMR and SOUN. The rest of our other favorite stocks will keep performing well.
The Indian market has been dancing to the tune of the astro cycle. I recommended covering shorts in the Indian market at 23300, buying a call, and selling put options last week on Monday and Tuesday with a higher side price target of 24300 to 24665.
Over the last two years, we have recommended avoiding Adani companies, even before the Hindenburg report. We recommend not touching Adani stocks even today on weakness as there are many great Indian stocks in our buying list. Adani's astro chart started to be negative on 15 January 2023, and negativity will continue until 2029, so be aware. The best way is for him to hand over his business to Children and Change the name from Adani to something else. You must read our Indian report on what we have been predicting for Adani and what other stocks we have been recommending.
The global market is expected to show higher side profit bookings coming in markets.
The dollar still looks positive, so keep acquiring long bonds.
Thanks & God Bless
Mahendra Sharma