Dear friends,
Here is this Monday's flashnews, once again planets proving that they are most importnat market indicator.
BUY S&P and DOW
Dear Members,
This is most important update as we see Dow and S&P rising around or more than five percent in the next 17 days, so we give strong buying single in USA indexes. Currently Dow is trading at 11960 and S&P 1175.50, don’t miss this buying opportunity buying now, as in the next two weeks you can make good money. Also Uranium stocks are doing amazingly well so keep holding recommended stocks. Ignore emerging market and put whole focus on USA equity or indexes.
Base metals are trading sideways, we highly recommend get out by this Friday from all buying in palladium, Platinum, copper (these base metals were in our buying list from last week) and aluminum as they will trade weaker from next week. Precious metals (gold/silver) will trade positive and still some up move is pending so one can hold position during this week.
Oil will start trading weaker from tomorrow; one can take selling opportunity in oil before USA opening on Tuesday or on rise. Natural will move up from late tomorrow but best time to buy is on late Thursday.
Grain and soft will trade sideway for this week so we are not recommending any trade in these areas. Grain are still our favorit for longer term trade.
Dollar is doing amazing well, one can book partly profit here in dollar as shorter target has achieved today. Swiss Fran and Yen will trade positively. Buy back dollar on late Thursday as huge up move is pending which we will write in the enxt week newslette. Medium and longer traders can hold position in USD Index as it can reach 84.80 in the next two weeks.
Note - We decided to increase our Uranium newsletter price from $999 to $2390 from next week.
Thanks & God Bless
Mahendra Sharma, Monday 9.00 PM, 29 Nov 2010