Dear Members,
Metals and markets are performing as predicted. Today is still very positive for metals and indexes, so stay long in the US market and precious metals. Base metals are struggling, so stay away from any buying, but don’t short.
Very important astro time frame is starting for metals from next week, so wait for our most important letter on Monday. So far gold, silver and platinum have achieved our predicted top, and closing above predicted higher side levels for three days could bring monster rally, and failing could bring sharp fall so get ready to take some aggressive trade.
Frontline tech stocks will take moves to next levels so keep this in mind. Invest in quality stocks.
This week, we have recommended selling or closing long positions in quantum computing stocks, especially stocks ARQQ, IONQ, RGTI, and QBTS. One can take a short in RGTI and ARQQ, and close long in IONQ and QBTS. Two years back, we recommended buying these stocks, and these few stocks are 2000 to 3000% higher. Still, they are not making a profit, but IONQ and QBTS will do well, and it's time to book a profit, as a better opportunity will come back.
Also, we recommend booking profits in metals and mining stocks, and closing long positions in non-profitable uranium and rare earth stocks. Longer-term outlook for MP, UUUU, CCJ, DNN, and UEC looks great. In the short term, we may witness some profit booking coming.
Bet on Russell 2000 (TNA), and our favorite stocks like SOUN, AAOI, CRDO, ANET, and CRDO. Yesterday's recommended stocks, AMPX and AMPG, performed very well.
Great time to buy USD and book a profit in coffee. Grains and softs are bottoming out.
Thanks & God Bless
Mahendra Sharma