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Today's Trade & News

Thursday's flashnews, partly cover on Friday but...

Dear Members,

Gold and silver traded below our predicted weekly newsletter price and this is not good sign for precious and base metals. Those who went short in metals on our recommendations can cover partly position on this Friday on fall….In the last three months most of markets are trading as per our prediction theory.

There is no doubt of gold, silver copper falling more than….

Oil will follow metals so build up sell position in oil, heating oil and RB gas. Natural gas will remain in positive trend. Current oil is trading around $90.32, maximum it can reach $90.88 on higher side and lower side it can move down $86.10.

Grains will remain weak from late today (Thursday) or Friday, so avoid any position in grains. This week wheat looks positive as planet Sun is favoring it but Soy looks negative.

Except oat and orange juice, all other soft commodities will fall sharply, Mercury and Venus both planets are indicating worst time ahead for soft commodities. Sell sugar $32.30, coffee $235, and cotton $147.

Stocks indexes will remain weak so avoid any buying in indexes. Buy Uranium stocks fearlessly, also alternative energy stocks will move up. Buy CXZ, MAG, QTWW, PLUG and UQM. Our other recommended stocks (FCEL, REE, BLDP, SATC and ULBI) are doing great to hold those stocks.

Dollar will remain sideways. Pound will remain positive but Swiss franc and Australian weak, in fact we were positive on pound in this week newsletter and negative on Swiss Franc and Australian and so far they traded as predicted.

Once again great opportunity has arrived to buy 30 year bonds around 119.21.

Friday cover metals and other commodities except grain.

 

Best trade for day and tomorrow:

Sell coffee, sugar

Sell DAX and CAC

Add natural gas and Bond on weakness or Friday

Add more puts in oil and metals

 

Thanks & God Bless

Mahendra Sharma, Thursday 6 Jan