Jupiter will change on Tuesday and Sun on Thursday…
Dear Members,
On Monday we recommended to stay sideline due to Scorpio Moon and we saw both side trend came in every markets, commodities and currencies. On Tuesday Moon will be transiting in Sagittarius which will be positive and supportive for markets because Jupiter will be also moving out from Acquires to Capricorn in retro positions which means Moon will be heading toward Capricorn after Sagittarius.
On other hand we precious metals positive time can start sop focus on precious metals from Tuesday onward after USA market start because Jupiter will changing house same time around which is very important for the precious metals. Metals will bottom out on Tuesday and will start moving, We recommend aggressive buying in precious metals as well as mining stocks or etf like JNUG and NUGT.
Lithium, uranium and semiconductor stocks gained value, stay long in these stocks or one can add some positions.
Currencies traded both side as predicted, higher side dollar Index struggled to hold value.
Most of other commodities lost value but natural gas and oil moved higher, Gas tested multi year higher.
Base metals lost value, copper, palladium and nickel suffered big set back. Tuesday they will stabilize.
Big gain continued in ETFs of lithium, rare earth, battery, Uranium, and Baltic Index performed very well. SOXL semiconductor ETF performed well.
Crypto lost value failing to move higher as expected. Now it looks like Crypto, and Bitcoin will start losing further value and bitcoin may test $32000, and on the higher side $48888 is the selling level.
Bit uncertainty but still market to remain bull…different kind of inflations is on the way…
Dear Members,
The time is changing fast and even though we are still stuck in the middle of this pandemic, things are still moving, and we have been adapting to the changes because it is part of our nature so we shall move on. Life moves on and even though it is challenging for those who are running and trying to survive day to day, some keeping strong mentally and physically even though they are suffering. It doesn’t matter how deep I go in mediation; it looks like our physical bodies only remember this life, we are completely disconnected with our past and future lives if there are any. Our current life is the most precious one and we don’t need to think about our past or future lives if we keep doing good Karma as that’s what matters the most in this lifetime because we are slowly but surely approaching towards the destination.
Last week globally the markets underperformed except for the Japanese Market which acted very well. The Emerging markets also held value. USA and European markets lost value or struggled. On Friday the Judge ruling going against Apple made it so that they can’t force developers to use in-app purchasing which made many nervous, and traders sold Apple as they want to run the numbers to know how much Apple can lose.
Jupiter is transiting on Tuesday which is the most important news for markets, commodities, and currencies. I strongly recommend staying on the sidelines without making any decisions in any financial instruments on Monday because it is also a Scorpio Moon Day. Let Jupiter move to Capricorn on Tuesday, and we will take some serious trading positions for the next two months.
Inflation is coming and it will be a different type of inflations. Prices will rise dramatically, and I am really concerned about base metals. In 2021 Uranium stocks moving very aggressively higher. Lithium, graphite, cobalt, rare earth metals, copper, and many specialties chemical prices can go sky high. Even cement, paint, and stone prices can move rapidly higher.
Last week many ETFs or sectors tested an all-time high so let’s see what is happening in all these different areas. Most of us are aware that the semiconductor sector is in demand because shortage of Chip supply. SOXL made an all-time high on Friday before some profit booking came in. This ETF remained the best performing one as from last March it moved from $4.50 to $47.00.
The Uranium sector also gained momentum in 2021, URNM tested an all-time high, Uranium stocks are on fire. Baltic index is moving aggressively, shipping and transport cost increased dramatically. Look at BDRY, it gained in seven folds.
Lithium (LIT), rare earth (REMX), and battery (BATT) ETFs also tested a new high last week. Demand looks strong and growth will continue in this area. I am extremely bullish for lithium and companies like ALB, SQM, LAC, PLL, LIACF and many other companies as mentioned in the lithium letter. I will soon recommend putting 25% of your portfolio in EV related areas and the rest you can own stocks in semiconductor, fintech, health device, and retailors.
In 1996 my whole focus was on internet and software stocks, in 2001 mining and financial, in 2007 end and early 2008 I was looking for bearish bets in the market but again in 2009 once we saw the bottom and we recommended buying financial, tech, and retailers.
Now the time is changing very fast, and I strongly recommend putting your focus on natural resources like lithium, graphite, nickel, zinc, cobalt, and copper. Last week Nickel tested a multiyear higher and we already mentioned that Nickel and copper look great, but Lithium and Graphite are the top pick areas.
Last week palladium and platinum suffered badly, and gold and silver came down from the higher side.
Grains stabilized on Thursday as predicted but softs remained in a negative trend. Lumber witnessed some rebound.
Energy prices traded on both sides, oil is heading toward $71.37 and that will be the selling level. Natural Gas witnessed profit booking; and we still see gas moving higher.
Final note: Jupiter is transiting, and it is a very important one for the financial markets because in my theory Jupiter is the father of all financial instruments and it plays an important role in the money market. Jupiter will be joining Saturn in Capricorn which will be a unique combination for the two months because Jupiter will transit back to Aquarius in the month of November.
Watch the important Support & Resistance levels for this week (13 – 17 September 2021):
Here is this week’s weekly newsletter from 13-17 September 2021 for metals, Indexes, energy, currencies, grains, softs, bonds & Crypto
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Thanks & God Bless
Mahendra Sharma