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Today's Trade & News

Fridays daily flashnews with day trading ranges and strategy for all metals, energy, grains, softs, bonds, global indexes & curencies

Today PDF was not working so here is flahsnews here in simple format

Friday’s Flash news:

Dear Members,

On Thursday precious metals crashed as predicted, our advice of staying from metals done very well and we still recommend staying away from metals. Our target of gold reaching $1155 is very close, those who have been shorting gold from $1650 should start covering positions now. Those who took put options positions should start covering as well. Today we received few emails asking that how we predicted fall in gold and what theory we used to predict prices reaching $1155? Our answer is Astro theory or you can call it wave of nature cycle. Anyway Friday metals will bottom out for the short period of time.

All major world stock market traded positive as well as predicted, stay long in markets. Many Asian and emerging market will bounce back sharply. Indian market may move up big on Friday.

Finally coffee prices moved sharply on Thursday, we are keeping our finger cross because if this predictions come then many will be become new millionaire. Keep adding coffee, cocoa and sugar.

Oil will trade both sides. Dollar Index moved up sharply on Thursday as predicted. Dollar is on fire against merging market currencies. Look at Indian rupee, it fell 15% in the last two months. No one believed our target of reaching 63.00 now it is just inch away for this target.

In short hold position in stocks, US dollar and coffee.

This is what we mentioned on Monday and look at how S&P have moved up sharply from 1555: Down side is limited, S&P touched our predicted lower side astro point 1555 which is very important one. We believe that it may hold 1555 level, Microsoft moved up nicely as predicted. Great time to load up Apple (We don’t see Apple going below $373), keep adding Tesla and Microsoft.  

This is what we mentioned last week: S&P broke 1593 level, so next level we will be 1557. At this stage we don’t want to be go and fight the trend until 15 July 2013 because bullish one side momentum will only start from 15 July and until then it will keep trading both sides. We are very close to bottom in S&P but trade carefully, buy around 1555. Cover all shorts around predicted lows.

 

Here are the trading ranges and strategies for Friday:

 

METALS

On Thursday gold fell sharply but rest of metals traded in the tight range. Gold is struggling to hold and we are very much concerned about its future. Gold has fell $500 and silver $14.00 since our selling recommendations. Friday we advise you to cover seventy percent of all your positions because most of you must be seating with huge profit and we are very close to our astro predicted target of $1155.

Buy Palladium, avoid rest of base metals as still astro cycle is not positive for metals. Yes today we may see some stability coming later in the day.  

This is what we mentioned yesterday: On Wednesday gold, silver and base metals prices crashed sharply as predicted. We bow to wave of nature for giving us vision to predict this bear trend in metals. We know many are saved and we are happy for them. Our subscriptions price is just $550 for a month and many saved millions. We try our best to do our job; we are human like you so many times error will happen in reading planetary movement. We highly recommend doing charity or helping needy if you are making money.

This is what we mentioned Tuesday: On Tuesday metals traded negative as predicted and this confirm that metals will fall sharply in coming days. Current planetary positions are not favoring metals at all so one keeps away from any buying in metals. Wednesday metals will trade negative so sell at higher predicted prices here below.

This is what we have been mentioning since last six months: Our medium term target for gold is $1155 and silver 18.00 to $16.55.

Platinum and copper has been trading weaker and will keep trading weaker, so hold your short trades in metals. Hold your sell positions in metals.

Here is Friday’s range: (August/September 2013 contract):

GOLD: $1217.80 to $1182.90

SILVER: $18.80 TO $18.35

COPPER: $308.90 TO $303.10

PALLADIUM: $659.10 TO $639.20  

PLATINUM: $1338.10 TO $1317.50

 

INDEXES

On Thursday USA market moved sharply higher after it crossed 1607 but came back and closed around 1607. Thursday recovery will remain intact but real bull market will start once it cross above 1618. Our recommended stocks are doing amazingly well, we are amazed with our own recommendations, from next month’s we are starting daily stocks recommendations letter separate.

This is what we mentioned yesterday: Keep accumulating positions on lower sides. Many were waiting for corrections in market to buy, so they shouldn’t be wasting time to get in market.

We see Asian and emerging market having strong rally during this week so don’t miss opportunity of buying. Those who bought yesterday should hold positions.

This is what you should remember which we mentioned last week: We have been constantly predicting that S&P and other markets will range in the range from 15 June to 15 July and bull market in equity will start only after 15 July.  During this period the best strategy will be trading in and out on regular basis rather than holding position on any sides.

We highly recommend not to trade with high leverage positions.

All these recommended stocks did very well on Wednesday; BLDP went up 19%, keep accumulating these stocks without fear. This is what we mentioned yesterday: Time has come to add more Apple, Microsoft, UQM, FCEL and BLDP.

On Wednesday FNMA and FMCC went below $1.10 but bounced back, there is lot uncertainty around these both stocks but still we believe that these both stocks may move higher in coming time. Positive astro time will start for both of these companies after 12 July. This is what we mentioned yesterday: We don’t see both these stocks going below $1.10 but government planning to wind up FMCC and FNMA within next five year so let’s watch closely news on FNMA and FMCC.

Friday’s trading range (September Price):

AUSTRALIAN (Cash) – 4798 to 4745

NIKKEI (Sep) – 13605 TO 13250

NIFTY S&P (Spot) – 5721 to 5665

SINGAP0RE (cash) – 3133 TO 3115

HONG KONG (cash) – 20703 to 20395

CAC – 3768 TO 3735

DAX – 8059 TO 7938

DEX EURO STOXX – 2627.75 - 2607

FTSE – 6219 TO 6142

S&P – 1617.75 TO 1598.25

NASDAQ – 2917 TO 2883.25

RUSSELL – 957.00 TO 938.10

DOW – 15039 TO 14801


 

ENERGY

Oil recommendations is doing well, as we have been recommending trading and out without taking one side trade. Friday we may recommend selling oil around predicted high range, and same time you can sell heating oil and RB Gas. Natural gas traded negative on Thursday gives clear indications of weakness coming in it.

Friday’s trading range (all August contracts):

OIL: $97.69 to $96.19

NATURAL GAS: $3.66 to $3.51

HEATING OIL: $2.9035 TO $2.8580

RB GAS: $2.7410 TO $2.7110

 

TREASURY BOND

Thirty year bond made new lows on Wednesday; bond will keep making new lows, we don’t know many people sold bond but it was one of great trade of 2013.

Overall trend is weaker, next target is 128 which shall fulfill by the end of the year.

Friday’s trading range (Sep contract):

TREASURY BOND – 136-15 TO 134-28

 

SOFT COMMODITIES

Thursday coffee moved up sharply, we like Thursday’s move of coffee, we would like to see blowing upside by $10 to $20 in day. Friday we see coffee moving up sharply, so add coffee in morning hours. This is what we mentioned yesterday: On Wednesday soft commodities traded negative, ignore all reports which are predicting great weather, and no threat to coffee. We 100% believe that coffee trade is life time trade so keep accumulating call options positions.

Buy cocoa, sugar and coffee, keep adding call option positions, we are sure you will make fortune in the next 18 months, please plan well. Coffee will hit $600 by end of next year. 

Below mentioned ranges will help you with day trading so watch these ranges closely. We are not changing predictions which we mentioned during last week; In this week newsletter we recommended to adding sugar positions around $16.55, today it came there but rebounded back before closing. Add positions in sugar for the short period around predicted lows.

Coffee ready to blow upside without giving any technical indications so keep adding small positions in it. Frost session is coming very closely, our astro indicators are giving clear sign that cold will be very nasty so each of our members should have coffee in their trading account. They can buy futures, options and ETF, don’t go high leverage because we don’t want you to be out of markets on any sharp move.

Friday trading range: (September/Oct 2013 Contract)

COFFEE: $124.15 TO $120.15

COTTON: $86.80 TO $85.35

COCOA: $2181 TO $2130

SUGAR: $17.21 TO $16.91

ORANGE JUICE:  $129.50 TO $125.90

 

GRAINS

We are not changing any predictions in grains, trade in and out as mentioned below ranges: Grains prices will crash big from second week of July and until end of year they will keep moving down so great time to buy put options in grains.

Keep adding sell position in grains, especially soy and soy meal. We recommend avoiding any sell in wheat but surely corn short can be taken.

Soy and meal ready to fall 20% in the next two months.

Friday’s trading range (September 2013 contracts):

CORN: $579.25 TO $565.50

WHEAT: $682.00 TO $666.25

SOY: $1333.75 TO $1310.25

SOY MEAL: $410.00 TO $402.90

SOY OIL: $46.38 TO $45.65

RICE: $15.66 TO 15.45

 

CURRENCIES


Thursday US dollar gained against most of currencies, and this rising trend in USD will continue on Monday. Euro, Pound and emerging market currencies will have tough time.

This is what we mentioned yesterday: we may see some rebound in currencies but it will remain short life, so sell all major currencies around predicted as tomorrow we see US Dollar moving sharply higher against most of currencies. Emerging market currencies (Indian Rupee) just collapsed yesterday, it made new lows of 61.00 and it looks like 63.00 levels will be achieved soon. No one believed that Rupee would move above 60.00, this was one of the best predictions is giving by our theory.

Keep adding US dollar Index on any weakness; keep selling yen, Euro and Swiss Franc. Emerging market currencies will move lower again, so don’t buy these currencies. Dollar is ready below upside.

Friday’s trading range: (September)

DOLLAR INDEX – 83.47 to 82.95

AUSTRALIAN DOLLAR – 0.9273 to 0.9186

CANADIAN DOLLAR – 0.9560 to 0.9455

BRITISH POUND – 1.5320 to 1.5161

EURO – 1.3091 to 1.2980

JAPANESE YEN – 1.0248 to 1.0117

NEW ZEALAND DOLLAR: 0.7850 to 7747

SWISS FRANC – 1.0630 to 1.0531

RUPPEE – 60.60 to 59.93 (Spot)

RAND – 09.98 to 09.86 (Spot)

 

Important advice:

Start buying Apple, IBM, Cisco, Microsoft, and Intel. Add Tesla

FNMA and FMCC bounced back after touching $1.10, hold positions in both these stocks

Buy USA, India and other Asian markets around predicted lows

Hold coffee and sugar positions

Keep adding US Dollar

Thanks & God Bless, Mahendra Sharma

 

27 June 2013, Thursday 05.50 PM, Santa Barbara