Dear Members,
I am recommending that before you read this update on market please read this week’s newsletter one more time.
Here is the update:
CRB INDEX and GOLDMAN SACHS commodity Index are trading at historic high because metals, grains and oil are trading at historic high. Today you buy any commodity and next day you are making money. I have remained very cautious on my buying side recommendation as astrological time is not safe. That is why I see a sad ending of current on going commodity bull market. I see eventually more than 90% buyers will lose money for the next few years in oncoming commodity bear market.
This week US Dollar is trading around $78.20 and looking for turn around any time from here. Since 2001 US dollar kept moving down and all commodities kept going up so if dollar starts moving higher from here then commodities should move down because now relationship of dollar and commodities has exposed.
Once again I warn very strongly on bull market of commodity as positive trend for dollar has already been confirmed on Thursday. I know the prediction of bull market of dollar and bear market of oil/grains is very hard to believe at this stage but this is what is indicating. Don't feel that you missed the opportunity in commodity because current time is involving blood-bath and we don't want to be involved in blood-bath.
Asian stock markets are trading higher and my recommendation withdraws 100% from these markets. Keep buying position in alternative energy stocks and Uranium stocks. Solar, battery and energy efficiency stocks are my favorite and they are favorites for the next five years.
If you review this weeks newsletter then you will find that this Friday is the final day for bull market of commodities and final day for bearish US Dollar. Friday or Monday they are ready to walk on the path which I have been writing about since months.
Metals will trade volatile in coming days and I won’t recommend any buying at this stage as they didn’t go up from Monday to Wednesday.
Trade carefully with very low leverage and take some put option position if you feel uncomfortable trading future market. GRAINS AND OIL short term put option can be taken by tomorrow as from next week END OF BULL MARKET.
Few more stocks in alternative energy sector: GRSR, EPOI, DLSL, ABAT, CSUN, MDTL, SLRE, BCON, CBAK, AKNS, CCGY, SESI. Many of my favorite stocks have done unbelievably well and I believe these stocks to do well in future as well. I am sure you have my old list of alternative energy stocks which include large, mid and small cap and here are a few of my favorite stocks in small cap – ENEI, EPOI, GRSR, DLSL, LTHU, TSSP, ICRP. These five companies should remain confidential.
HOLD COFFEE AND COTTON.
SELL OIL AND GRAINS (SHORT)
AVOID METALS (BOOK PROFIT 100%)
BUY DOLLAR
FRIDAY - SELL EURO, POUND, CANADIAN AND AUSTRALIAN DOLLAR
If you tired of trading or investing, then invest with me as I enjoy this work. Next few years I am expecting to give huge amount of returns to my investors.
Thanks & God Bless
Mahnedra Sharma, 12.57 PM