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Today's Trade & News

Thursdays Mid-day alert....

Dear Members,

In this week’s weekly newsletter we clearly mentioned that from mid Thursday all stock markets, currencies and commodities will start moving down and we saw huge reversal three hours back before USA opening.

I don’t recommend to buy anything at this stage in metals oil and stocks but hold your dollar position with Natural gas.  

Put some buying order in gold around $1707 and $1687, S&P around 1224 and 1236 and silver $31.50 to 30.92.

Avoid grains and other commodities, oil will trade with S&P so cover you shorts for today around $98.50.

Thanks & God Bless

Mahendra Sharma

Thursday 8.32 AM Santa Barbara