Thursday’s Daily Flash News (Unedited)
Thursday will be one of the most crucial days for the USA, and the market must close in green otherwise I will be a bit nervous…buy IBM on weakness
Dear Members,
On Wednesday markets traded mixed as predicted but the market shouldn’t close negative on Thursday otherwise I will be nervous, read below index sections or today’s stocks market report carefully. metals traded mixed but precious metals are on our buying list so keep this in mind. Grains went higher this week as predicted especially wheat gained big value along with other grains on Russia’s news.
Indian market ETF INDL has been gaining nonstop but YINN has been struggling badly, but soon YINN to bottom out. On Wednesday NFLX and TSLA announced earnings, and so far both stocks are trading lower which indicates that the rally has pushed side stocks (without AI) to their fair value at the current prices and traders are making a profit so expected some weakness. Semiconductor equipment maker ASML came down after announcing strong earnings and guidance. IBM went down after earnings but we are recommending adding more IBM on weaker openings.
Soft traded mixed positive and energy prices lost some value, BOIL, and GAS still will act positively.
The dollar gained value, and keep adding USD, on weakness.
Silver remained in the positive direction, but base metals lost value. Now earning sessions started.
Thirty Year bonds gained value on mixed day which is great news. At this stage, we focus on a few commodities only, and more focus on stocks, etfs, and earning calls.
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Thanks & God Bless
Mahendra Sharma