Dear Members,
Keep the focus on medium to longer-term investment strategy because if you follow short-term news and trading then you will miss the greatest money-making opportunity in the USA and markets like India. Ignore day-to-day news or strategy, and follow medium-term trends.
Time is coming closer for Vaccines, stay long in Pharma, Biotech, and Health care stocks in the USA. LABU (Biotech etf) moved 50% in the last five trading days.
On 29 March we recommended Indian Investors to sell stocks in all other sectors and just acquire Indian Pharma stocks. Indian Pharma stocks have provided mindboggling returns in the last five months. Our most favorite Pharma, Chemical, and tech stocks have done very well in India.
We see NASDAQ going toward 25000, S&P toward 5000 and Nifty toward 17555. Must read next week's newsletter carefully. (Currently S&P 3250, Nasdaq 10900 Nifty trading around 11411).
On other gold and silver look great so keep acquiring on weakness. Buy mining stocks.
Grains performed amazingly well, time to book some profit.
Thanks & god Bless
MAAHENDRA SHARMA