Dear Members,
Buy recommended stocks before earnings announcements, as several commodities may soon shift to our short-selling list, and emerging markets are expected to decline further.
As projected in our previous newsletter, the market is poised for a rally through Thursday. We advise maintaining long positions or increasing exposure to AI-related stocks. Our current long recommendations include PLTR, ANET, ALAB, and HIMS, while GLXY remains a strong long-term buy.
Despite momentum, S&P and NASDAQ failed to break through key astro resistance levels of 6448 and 23778, respectively. These levels, which we’ve monitored for the past two months, were approached during last week’s surge. Our April 8th forecast anticipated the market bottom and signaled the start of a nonstop rally toward these astro points.
At present, we do not recommend investing in emerging markets, as they are likely to continue falling. Maintain positions in U.S. equities, and avoid allocating capital to other regions for the next three years.
While metals are currently holding value, they may soon appear on our short-selling list—please review this week's newsletter thoroughly. We continue to exclude energy, grains, and softs from our buy list at this time.
As predicted, the Thirty-Year Bond is trending upward. Watch for movement around the 116-00 level. The U.S. Dollar Index also climbed from 97.38 to 99.78, reaching a previously identified astro resistance level, from which it sharply reversed on Friday. Follow our daily trading ranges to trade in and out at this stage in most currencies.
Cocoa is coming on our selling list.
Thanks & God Bless,
Mahendra Sharma