Dear Members,
Many emails are arriving and request that we provide an overall clear strategy. Yes, I can’t talk about 2026 as my book is on the way to being released in the first week of January 2026, but I will surely outline the next month's happenings in markets.
On Thursday, the market reversed and sold off: It was Scorpio Moon and New Moon day on Thursday, which always remains very volatile and unpredictable. Most of you are aware that I hate predicting during the Scorpio Moon and New Moon day. I normally write my members to enjoy time with family and friends. Still, Friday will be a Scorpio Moon day, but no new Moon, which is far better.
Here are my points:
1. Whatever happens on Scorpio Moon/New Moon day is not relevant, as they don’t represent a clear picture of the future; they misguide or confuse everyone.
2. S&P and NASDAQ breached an important level of 25008 and 6708; now the next important astro support will be 6468 and 23828. I don’t see the market going below these levels. If I come 100% wrong, then NASDAQ can test 22155 and S&P 6128, which we already mentioned in last week's note. This level should be the bottom for the next three years, but there are fewer chances of it happening.
3. Anything can happen until 4th December, as the major astro cycle is turning on the positive side for the market from 4th December, and until then, some uncertainty may continue. One must buy if you have deep pockets, as many of our favorite AI stocks will multiply in many folds, as our new level for NVDA is $233 in the next three months, $278 in the next six months, great outlook for AAPL, MSFT, TSLA, GOOGL, AMZN, AMD, NVDA and our other favorite stocks.
4. There is too much uncertainty in the market, especially in AI, without any significant reason. The financial media and many bearish people are dominating the news, and it is working because November is not a good time for stocks or the market.
5. Crypto fall and no rate cut pushing market lower, but we see a 100% chance of a rate cut, and our favorite trade is ETHU, which is a screaming buy between $48.78 to $43.00, and it's tight now. Cover most of the shorts in crypto on Friday, but buy ETHU only. Avoid the rest of Crypto.
6. ALAB and CRDO are our top two picks; both can hit a minimum $500 in 2026. NBIS will test $200 next year.
7. Must remember that in the last 30 years, we called the bottom in the market at the right time and at the correct levels. This time, one more week is pending, and next week is a short week for the market due to Thanksgiving, so start buying stocks from tomorrow and keep room to accumulate every day. I can’t say that I will be right again this time because everything is in the hands of nature/astro cycle, so let's see whether I will be right or wrong.
8. Many great tech companies are at the buying level, but one can remain cautious until 4 December 2025. My next three-year targets for indexes are intact.
Thanks & God Bless
Mahendra Sharma