This is the best time to sell commodities, buy stocks, and enter a few other trades.
Dear Members,
Important alert:
In this week’s newsletter we mentioned that close long positions in all commodities except precious metals on Tuesday. From Wednesday we are expecting a sharp fall in commodities.
Energy prices like OIL, HEATING OIL, and RB Gas will crash from here. Currently oil is trading around $106.25 so this is a good price to sell as it heading toward $90.00 by weekend.
Sell or close all longs in Soy products.
Sell or close long positions in base metals on Tuesday. Palladium is one of the best shorts around $2675.
We don’t see the market going down that much, yes volatility may continue until Thursday, and from here onwards a major upwards trend will develop. We don’t see S&P remaining below 4243 and NASDAQ 13711, so these are great levels to buy. In fact we don’t see NASDAQ remaining below 14011 and S&P 4311 level for the more than three days so keep this in mind. SOXL and TECL is great buy also.
Dollar is close to a high but keep adding Australian and Canadian dollar.
In our book we mentioned that from the 1st to the 6th of March will be the most uncertain time, but I am hopeful that something good may happen once the Moon joins Jupiter. Though, the best news for the world will be coming after the 15th of March, but I will be watching Thursday and watching what happens closely.
Russian stocks and ETF are bleeding, Russia or Putin on selfdestructive path, I hope that his ego won't allow or force him to do something big wrong.
Keep adding cloud, lithium, and semiconductor stocks. We just released 1-15 March Lithium letter just now.
Thanks & God Bless
Mahendra Sharma