Dear Members,
On Wednesday, the Fed announced unchanged rate decisions, we expected a small chance of a cut, but it shows how strong the US economy is. Also, the Fed chair wanted to see the tariff's impact on business and the economy. It was a great decision, but surely job numbers may get impacted due to the firings that have happened around the government and tech sectors.
Markets lost value after Fed decisions, but in after-hours trading sessions, US indexes went sharply higher because of the earnings reports of META and MSFT. Both stocks went sharply higher after earnings, and AMSC gained value.
Metals lost. Big value after Copper lost 19% value as soon as Trump announced copper ore won’t have any tariff. As predicted, platinum, copper, and palladium lost a big value. Silver and gold also lost value.
Oil prices gained value, and natural gas lost value. Oil has already made a short-term bottom.
Currencies lost a big value against the US as predicted. We are recommending staying away from buying currencies, as money will keep flowing into USD, so remember this. The thirty-year bond lost value on Wednesday.
Grains and softs lost value as expected.
Let’s talk about each section of the market in detail and what your strategy should be from here onward, as most of our reconnections are coming very accurately.
The above is part of the first section of flashnews, and now here should be your actions, especially earning.
All these stocks were in our buying list, and they performed amazingly well after earnings: ARGX, MSFT, META, APLD, IDCC, and most of all, this week's recommended stocks performed very well. QCOM and ARM were on our buying list this earnings.
On Thursday after market, these stocks will announce earnings: INOD, NET, COIN, KLAC, and MPWR will perform very well, so take call options, or long in stocks. Apple and AMZN will announce earnings, and AMZN will present strong numbers. Apple will come on our buying list from September.
Next week, a few of my favorite stocks will announce earnings and they will make a great amount of earnings, so wait for Monday's report for updates.
Copper collapsed along with platinum and palladium; these were all on our selling list this week. Time to take a small long in copper, but avoid palladium and platinum.
The dollar index gained huge value, it was a great call to buy the Dollar index at the 97.38 level, and the thirty-year bond started gaining value as predicted. Oil started gaining value as predicted; stay away from grains and softs.
Bitcoin and Crypto are ready for a historic rally, so we must start buying long from next week, or accumulate. Don’t short COIN, MSTR, GLXY, ETHU, XRPP. And SOLT, all these should be in your buying list.
Important note: If the market closes above our important astro resistance level, then it will move another 10% higher, so watch the astro resistance levels mentioned in the letter.
Thanks & God Bless
Mahendra Sharma