Weekly Newsletter from 3-7 Sep
Magic to start so expect a bottom on 3rd Oct and an aggressive move from 16 October in USA stocks…
Dear Members,
Last week was very volatile for the market, tech stocks performed horribly as selling pressure continued in tech. Now many are scared to even touch the market at current prices even though prices came down more than 50% in more than 70% of the tech stocks. Many are blaming the Russian invasion, many are blaming China, and many the FED. I will blame the FED because I clearly mentioned in our book that the FED will seem completely clueless and directionless in 2022. This book was finished in November 2021.
The clueless FED created a directionless policy in 2022 which created havoc in the market. Inflation is falling hard but the markets and stocks are falling harder than inflation. Trillions of dollars have been wiped out from the market. This time investors were not trading recklessly; banks weren’t behaving like they were in the 2004/7 era. This time the FED decided to create a problem that is costing a fortune to US investors. Ben Bernanke’s chart was so good that I believed in him, and he did an amazing job. Powell’s chart is mixed and is currently running into an uncertain time cycle which will create problems for the USA. So, it looks like the FED wants a recession, more firing from jobs, and creating a fall in housing prices, will this really help the USA economy?
Also, the USA market’s Astro cycle was not good, so any negative news impacted it in a big way. Now, thank God that from Monday the Astro cycle is changing so buying is expected in tech stocks. Tech stocks will stop falling but buy only quality names.
As mentioned on the 3rd of October, the markets will start recovering, from the 16th of October, and a big rally will start so plan your trades according. As per our book “2022 Financial Predictions,” a big rally is starting from the 17th of October to the 17th of November. This is a very important time for investors as most technical analysts and economists are worried about the market’s trend and expect a 10 to 15% further fall in the USA market because of the FED’s actions. Many are saying Mahendra this time you will be wrong, but we still see that S&P and NASDAQ stocks are great, at the current level both these indexes will fight back aggressively with the bear, and they will chase them away purely because of the positive Astro combinations. Let’s see whether we are right or not.
Commodities are falling hard, but a few like Corn, wheat, copper, and Nickel are trying to find the bottom, in fact, corn and wheat have started trading higher.
The dollar moved like fire, it created havoc in the currency market, and many currencies tested multi-year and multi-decade lows. Japanese Yen, Euro, and Pound got punished big, and the Rupee tested an all-time low. Last week Pound rebounded, and the Japanese Yen stabilized, Pound rebounded from 103.70.
One of the best trades right now is buying a Thirty-year bond or buying a bull ETF, or selling bear ETFs, so bet on Thirty Year Bond because it has been trading as predicted. In the last twenty years, we have hardly been wrong in our Thirty-Year Bond Predictions so watch this prediction.
We were able to call every bottom in the market over the last 27 years and let’s see if the 3rd and 16th of October dates work for our members or not. The Astro cycle has always guided us very well and we are hoping that it will do the same even this time, in this most uncertain scenario, when investors are so confused and losing money.
Best trade of this week: Buy TECL, SOXL, and Thirty Year Bond.
Our book “2022 Financial Predictions” also mentioned that this cycle will be an extremely volatile cycle, but from the 17th of October onwards a major positive trend will start in semiconductor stocks. With the current planetary positions, we confirm the worst end by Monday the 3rd of October. Yes, a one-sided rally may start from the 17th of October, so still, volatility may be witnessed but the market may not test the lows of the 3rd of October 2022 once again.
On Monday the FED board is meeting behind closed doors, we are not expecting any major announcement but this is unusual. As we said that they rushed to hike rates. We don’t see any more hikes in the coming time, in fact, the FED will cut the rate in 2023. Our one important prediction came true “The FED will remain very confused and will not be able to make the correct decision”.
Let’s see what this week indicates from the 3rd – 7th of October 2022, here is the weekly newsletter:
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Thanks & God Bless
Mahendra Sharma