Dear Members,
Last week the markets, commodities, and currencies lost value as predicted in the Weekly and Daily newsletters, and we also mentioned that they would all remain volatile to uncertain until the 11th of January, but a lot of trades can be taken from Tuesday so follow our Weekly and Daily newsletters. A few tech stocks like NVDA and MSFT came on our buying list on Thursday. We also predicted that SOXL will not go below $24.55 in the first quarter, which means that semiconductor stocks have a limited downside potential.
Monday is a Scorpio Moon so we recommend not buying the market or commodities, but we are recommending to keep buying our favorite stocks and get ready to take some aggressive long positions in the market on Tuesday so wait for tomorrow's letter. I am also sending you tomorrow’s update, medium-term traders must buy stocks and don't short any stocks.
BA Boeing was our top pick in October at $171, and in the last week of December, we recommended closing all long positions around $262. It was a great trade, and we recommend getting out at the right time as the Astro cycles were turning negative for the short term.
Cocoa and Orange Juice are ready to fall more than 20% so start building short positions. Sugar and wheat are very close to the bottom. Stay away from the emerging markets for a few more days, but they will come on our buying list soon. I would like to avoid the Scorpio Mon days and finish all pending work.
Chinese market are few days away from a major rebound so get ready, and wait for our buying call.
On the lower side today or tomorrow metals and the energy market will stabilize, so get ready to buy long positions. If they close in the negative for the next three days then we may see a 10 to 12% fall in metals and energy as mentioned in the weekly and daily letters.
In last year's book “2023 Financial Predictions” and weekly newsletter, we predicted that S&P wouldn’t fall to 3500, it would go to 4800, as many fund managers were betting and recommended bearish bets on the market in 2023 but our view was the opposite. Most of the predicted higher-side targets for the Indian and European markets were also achieved in 2023. Our predictions for Nifty was 21666 level which was achieved in December 2023.
The book “2024 Financial Predictions” is ready to be released on Friday. Many are requesting that I keep a reasonable price for this book, but we won’t be able to do it because we do so much study and hard work to write one book for the complete year, and how each of the investment instruments will trade during each month of the year. One small trade can earn you money for the cost of the book within a few hours. The Book will be priced between $999 to $1555.
Don't get trapped under the influence of big names most billionaires are subscribers of our work and they don't share anything about us, but you subscribe to our services and I am 100% confident that you will not regret ever in your life.
Thanks & GOD Bless
Mahendra Sharma