Dear Members,
As mentioned in the “2024 Financial Predictions” book, the rate cut will place in May 2024. Metals have been falling, and we are still recommending staying sideline.
Wheat and corn to bottom out on Thursday. Softs looks far better trade.
Energy prices are acting as predicted. Natural gas is ready to test historic low.
As predicted the dollar will top out at 105.15 or 105.75 so keep these levels in mind.
Markets have been trading as predicted, we are recommending buying long positions in SOXL on Wednesday on any weakness, also one can buy stocks INFA, EQIX, FSLY, ISSC, TRIP, and IDCC. Most of these stocks will announce earnings after market hours. All these stocks will move higher.
Indian market will bottom out today, major turnaround will take place. Buy call options for next week in indexes and recommended stocks as mentioned in the Indian letter. We don’t see Nifty going below the 21555 level in the short term. Buy National Aluminum, MMTC, Hind Copper, Wipro, NETWEB, and Infibeam.
Thanks & God Bless
Mahendra Sharma