Dear Members,
Markets have been performing very well, and tech stocks are rocking toward new highs. S&P and NASDAQ moved toward new highs, and now an interesting time era is starting for the market from the middle of Friday or from Monday.
We are in the most volatile cycle, and something uncertain may happen next week, so we recommend taking small put options in the Dow and S&P markets on Friday. NASDAQ can also witness profit booking.
Late Thursday's profit booking will come in precious metals, so trade accordingly.
Currencies will struggle, but we recommend buying Japanese Yen and Franc on Wednesday's lower side. Remember that the dollar Index will trade in the 105.57 to 107.28 range.
Coffee struggled to remain above $311 after achieving our historic target. We recommend selling coffee or closing all long-in coffee, but one can start shorting cocoa and orange juice on Friday.
Grains will bottom out from tomorrow; soy is a great bet, so don’t miss it.
Keep buying Bond from Thursday.
Most tech stocks are moving higher, including CRM, MRVL, OKTA, and PSTG. Buy more from TSSI, BSEM, TEM, and INOD. These stocks are great bets for the medium-term term. They should gain 300% value in the next year. This week, on Thursday, GTLB and DOCU moved higher after the earning report.
Thanks & God Bless
Mahendra Sharma