Dear Members,
Tuesday volatility dominated, markets started acting negative and they close sharply lower. Selling pressure continued in stocks due to uncertainty mounting in Ukraine as Russia is not moving back, they are ignoring all sanctions and their own financial meltdown. Russian Stocks and Rubble both are falling nonstop.
RUSL Russian etf lost 65% value, it has lost 96% value from $83.00, and everyday in the last five days losing nonstop value. We don’t know what Russia will gain from invading Ukraine, yes may be political leverage or power, but most of Russian companies are losing fortune in market cap. We are scare that now Putin and corporate lost financially so they may go aggressive because now nothing left. Oil and gas along with natural stocks they have but we are predicting great crash in oil market later this this year, it may collapse anytime so be aware. 2008, 2015 and 2020, three times we were able to predict crash in oil market, and after crash very time we were able to predict bottom also. I see non-top fall in oil from April so keep this in mind and it may head toward $63.00 so one can buy put options from May onward. We are recommending buying SCO, bear etf of oil, currently trading around $6.88.
I always say, “country’s future in the hand of leader, if they make error then whole country suffer”. Putin has gone too far during his last nine moths of this own Saturn cycle and it looks scary for him and Russia. He shouldn’t be making any decisions during his negative astro time cycle, let his key people make decisions. He may kill people, or he may kill even leader of Ukraine but what he will achieve?
Today commodities like energy, precious/base metals and grains moved very aggressively higher. Rise of USD is not affecting any commodities, at this stage commodity traders are too busy with commodities and time to remain careful.
On other hand Dollar bounced back as safe haven and market lost value but we are not worried about market as USA market has limited on down side.
Astrologically:
Since November Jupiter changed, it creating unhealthy scenario in the world specially financial market because it rules financial market and same we mentioned in our book. Jupiter will be changing house in April and after that market will have one side rally and same we mentioned in our book.
Also 1-6 March date is important, it looks like that uncertainty is dominating as mentioned in the book. I am doing more research in to this because it is interesting that I chose these date in our book and hopeful that nothing major drastic happens in Ukraine.
India always have been recognizing as peaceful nations and always supported peace and harmony but this is the first time it didn’t chose to stay against violence and war. This could be bad in the longer term for India because Modi decided not to speak from the heart.
Modi should have spoke that India is against any kind war and killing, he should said that even though we are friend of Russia but will not support Russia on this ground. That would have been great message and India and Modi would have gained great respect.
Modi always believe in Good Karma, so why he did not choose to do good Karma by standing against war and innocent killing in Ukraine.
Our Wednesdays letter recommended taking sell bet against energy and grains. Metals has different story in 2022 so I won’t recommend any short in metals but surely close long in metals for the short term.
Dollar index is rising as safe haven currency but not able to put any pressure on commodities and that will be story of 2022, dollar rise or fall won’t able to impact commodities in 2022 as mentioned in the 2022 book.
Final note: Wednesday is great time to sell few Commodities, oil is our selling list around todays and Thursday higher side, or close all long in commodities as mentioned in letter. Buy Indexes and etfs as USA markets will rebound strongly.
Wait for Thursdays Flashnews which will be out after market close as higher side oil will be sell at $114.68 and Palladium $2737. Still Precious metals and base metals has power to move higher, but as expected profit booking is expected on Wednesday and Thursday in precious metals on higher side levels. Precious metals and few base metals will have adopting historic bull markets as mentioned in book, specially our favorite is Nickel, Aluminum and silver.
Thanks & God Bless
Mahendra Sharma