Dear Members,
Markets are big down in preopening. TSLA, AMZN, NFLX, GOOGL and ZM are big down, TSLA will be good buy around $312.00 if it comes there. AMZN around 2980, ZS $123 and APPLE at $107 will be great buy as well. ZS is coming out with earning tomorrow, it shall move aggressively higher so great time to bet.
We still believe that S&P may not close below 3388 level for the three days in the row so keep this in mind, though this week is not that positive week specially Tuesday, Wednesday and Thursday, market volatility will continue on both sides so keep this in mind. NASDAQ will stabilize around 10871 so keep this level in mind if you like to take long.
Get ready to buy Cruise line, Airline and Casino stocks, these three sectors will move aggressively higher by 30% in the next five weeks. Same time S&P and DOW will outperform NASDAQ a predicted.
Oil prices falling hard and tested $37.68 level as predicted, we recommend staying sideline in oil, may test $34.11 level but that will be great buy in oil.
Precious and base metals will remain in both side directions so remain short term trader rather than holding long and staying long until we recommend going aggressive with buying.
We also recommended staying sideline in grains and softs.
Dollar is holding 92.81 level which is great news.
Thanks & God Bless
Mahendra Sharma
6.15 AM PCT TIME