Dear Members,
We have been receiving numerous emails regarding the current meltdown in the global markets as predicted in the fifth cycle in our book, and they wanted to know what to do next. I released the first five cycles from our 18th book, “2024 Financial Predictions.”
Each of our books guided investors very well. In 2001, we released the first book, which recommended buying gold, silver, and oil and selling the USD. The next key one was the 2008 book, which warned investors about the housing and financial market meltdown, which was a crisis worse than the events of 1929. It also predicted that a few banks would collapse.
From 2011 onward, our view remained very bullish for markets, and this year's book predicted an amazing bullish trend in the market until June 2024. July/August could be the worst months for investors. I don’t think we humans have the ability to predict market trends with this level of accuracy. I could only predict these trends because of the indications from the Wave of Nature and the Astro Cycles.
Always my levels work amazingly well, and currently, S&P and NASDAQ are very close to the astro support level, so watch S&P and NASDAQ closely, but I am not sure about the rest of the markets. Nikkei may bottom out around the 33221 level. Read our weekly and daily flashnews very carefully.
In July buying recommendations of Yen, gold, and Thirty Year bond trade worked very well. Selling oil with a target of $75.00 was also achieved.
The next 36 hours are crucial for investors. This may place the bottom only in the USA and Japanese markets; if not, Powell has to give a surprise cut; otherwise, a bloodbath can take place in most of the financial market. Our medium and longer-term view is extremely bullish for the US market. We are still holding the predictions of S&P testing 12500 to 15000 and NASDAQ 45000 to 55000 with the possibility of 75000 before the collapse of the financial system, so keep these predictions in mind.
What nature and the Astro cycles guided us to predict in our book “2024 Financial Predictions” (the sections below are taken from pages 37 to 42): book was launched on 5 Jan 2024.
2024 USA Market Astro Cycles
The First Cycle is from the 1st of January to the 23rd of January 2024:
This will be a mixed cycle as we are expecting the market to close right at the top in December 2023. Thus, when traders come back from their holidays in 2024, they would like to invest their money in the market on any weakness, and this cycle will provide you with that opportunity.
We are not expecting any major corrections in the market, but any softness should be taken as a buying opportunity in the first two of January. We are not predicting a bear market during this cycle, but won’t discard small corrections in the first week of January. This is because traders or investors will come to sell, after all, investors tend to trade with light positions. During this cycle, the earnings will start coming in, starting with financial stocks, which will start releasing their numbers. They will surprise everyone with solid profit and growth numbers which will bring some new life into financial stocks, but they will move a limited amount on the higher side. Frontline tech stocks will be moving higher, keep buying NVDA, MSFT, AMD, AMZN and GOOGL.
We already predicted that S&P and NASDAQ will have a great bullish era in the last two months of 2023, and at the time I am writing this book, S&P is trading around 4500, which is a great sign. We are hoping that the market will move aggressively higher by the end of December. S&P closing above 4681 and NASDAQ 16278 will be a great sign. In the first quarter of 2024, we don’t see the S&P going below 4601 and Nasdaq 16278. On the higher side if S&P start trading above 4800 and NASDAQ 16778 will be great sign. Investors should focus on semiconductor stocks or AI related stocks.
Any weakness during this cycle should be taken as a buying opportunity. For the first week January, the market may trade negative and volatile. Investors should start buying stocks in the first two weeks of January 2024 on any sharp weakness. Big positions should be bought in indexes around the 7th of January 2024 and keep accumulating on weakness.
The Second Cycle is from the 24th of January to the 15th of March 2024:
This will be one of the best cycles for the market; we recommend taking aggressive long positions in stocks (especially tech stocks) as they move toward new heights. MSFT, AMZN, NVDA, AMD, and GOOGL will be trading around their all-time highs. MSFT will become the most valuable company on this planet. As mentioned, APPLE’s era will start to fade in 2025, so one should get out from Apple throughout 2024.
MSFT and Google will walk together, so I am not recommending discarding Google from the race, but surely MSFT will be the winner in the next five to six years.
NVDA will also have a great time; even though there is so much noise regarding AMD, INTC, and AVGO; NVDA will still be a winner for at least the next three years. AMD and ARM will have a tough time in 2025, but in 2024, they will be the winners.
During this cycle, the S&P will cross 5000 and NASDAQ 18000. Overall, most of the sectors will perform well due to positive Astro combinations.
Buy short-term call options, future trades, and stay long in stocks as we see a one-sided upward trend during this cycle. The Bears will be bleeding, and the Bulls will be dancing on Wall Street.
I won’t be surprised at all if MSFT moves above $400 and NVDA $623. SOXL will test multi year higher and TQQQ may move toward all-time high.
The Third Cycle is from the 16th of March 2024 to the 30th of April 2024:
This will be an amazing cycle, as even though volatility will increase between the 5th to the 21st of April. The market will still move higher under the influence of volatility. There will be a fight between the bulls and the bears, but by the end of April, we see the bulls dominating the markets trend. From mid-March to the first week of April, we see a bullish trend in the market, and the second bullish phase will be during the last ten days of April.
I still see the market testing an all-time high during this period, so stay long in stocks and buy positions in indexes and ETFs. Short-term traders can take hedging positions or short positions in the market in the first week of April and cover shorts by or before the 19th of April.
International stocks will start struggling during this period, but China will keep doing well as this is a supportive year for China.
The Fourth Cycle is from the 1st of May to the 30th of June 2024
This will be the final bullish cycle of 2024, and we strongly recommend booking profit in stocks and indexes. Lighten up most of your long positions and create cash during this period. I won’t be surprised at all if the market moves to an all-time high during this cycle. We could see S&P testing 5395, and NASDAQ 20488 or above.
Overall, I am rating this as a high-quality cycle because there will be a lot of volatility and speculation picking up, which may start giving negative signs in the future coming time.
The Fifth Cycle from the 1st of July to the ......................
This will be a bearish cycle for the market, and stock prices will start dropping. The worst phase of this cycle will start on the 4th of August, and the market will start trading sharply lower. I won’t be surprised at all if the markets fall between 5 to 7% or even more.
Bet on the bearish side and take aggressive short positions in stocks and indexes; only commodities and natural resource stocks will move higher. Buy UVXY, VIX, and bearish ETFs.
A lot of data and market news along with the FED and government statements will be unfavorable during this cycle. Geopolitical news will also be bad, which will create some uncertainty globally. There will be bad news coming in from every angle during this cycle.
Enjoy your bearish bets and I am sure that you will make tons of money.
Important note: For the last 37 years, I have provided great accuracy and extensive insight into markets, commodities, currencies, and bond markets, but financial media remain skeptical of our views.
Thanks & God Bless
Mahendra Sharma