Dear Members,
Markets started falling hard, we are recommending one can start taking small long positions in LABU and SOXL as both these etfs lost big value. LABU came down from $180 to $81.00 so don’t miss opportunity. Also SOXL lost 40% value, small bet is recommended though still three uncertain weeks are pending as predicted in our book and letter.
S&P will hold 3711 level so keep this level in mind. Lithium and EV stocks lost big value, lithium sector is our most favorite so lets focus and keep accumulating stocks. Today NASDAQ and S&P bottomed out for the short period, in the worst case scenario S&P can test 3538 in 2021, but chances of happening this less. Start buying back old economy stocks as world will open soon.
Avoid commodities, and buy USD.
Thanks & God Bless
Mahendra Sharma