Dear Members,
As predicted on Monday, precious metals and other metals rebounded strongly. We expected this week to be one of the best weeks as per our weekly newsletter, and so they didn’t disappoint us. Gold and silver made one of the best weekly gains.
In our letter, we recommended booking profits on Thursday and Friday in metals, but we do not recommend any short positions in gold and silver. Surely, they are close to an important level, but keep in mind that silver closing above $53.78 level for three days could push prices up to $58.78 level, and gold closing above an important astro resistance level could push prices back to $4400.
Too much negative news has been spreading about AI trades, but our astro cycle predictions for AI and AI-related stocks' bullish trend is intact; surely, some profit booking always comes. You have been very selective about your stock pick. Still, our longer-term theme is to recommend buying networking stocks. CSCO announced a strong quarter as expected. Today, TSSI will release earnings, and it looks good, but this is a longer-term bet, so stay long in and out, and add more on weakness. Our target is $50.00 for 2027.
NVDA earnings are next week, and we will do our best to guide you then. Today, Thursday, the market should trade positively, but the Sun moving through the final degree of Libra may bring very slow momentum. Next week could be the final week of volatility, so wait for the Tuesday update.
Stay away from the rest of the commodities. USD should be in your buying list, as well as the Thirty-Year Bond.
Cryptos are falling; over the last month, we have been recommending buying them after the middle of November, so now we are close to that time frame. Current time is not to play short-term trading in crypto, but medium and longer-term traders should keep acquiring long in ETHEREUM.
Thanks & God Bless
Mahendra Sharma