Dear Members,
Just added few more stocks in battery technology, so read lithium and EV letter. I will try to send daily update about battery and EV car.
On other hand bitcoin is holding $57775 level strongly, closing one more days above this level could push bitcoin toward $78775 level. This will push many crypto stocks sharply higher. First time in this week newsletter we recommended buying one Crypto stock and it was CINGF at $0.14. Today we are recommending taking small positions in MARA (currently trading at $44.25), NPPTF (currently trading at $0.52),, BKLLF (currently trading at $0.395) and HSSHF (currently trading at $2.32). These are risky trade and we must warn investor to trade carefully and keep booking profit in these on any sharp rising. Don’t short bitcoin and Crypto at this stage and we will keep updating you if any warning sign comes. From this week we added Crypto in our weekly newsletter. watch OSTK and SI.
On other hand S&P, NASDAQ are trading lower but they are good around here. LABU and SOXL is short term good buy.
We recommended selling oil, stay sideline. Stay long in coffee and dollar.
Metals traded both side on Thursday as predicted and same kind of trend will continue on Friday. Grains and other softs will remain mix to they achieved top.
Health care stocks like HUM, CI, CNC, ANTM and UNH are great bet now, they may move 20% higher in the next one quarter.
Thanks & God Bless
Mahendra Sharma