Thursday the US market closed at an all-time high as expected and predicted in our weekly newsletter. Wave of nature guide us how investors behaviour pattern will be in coming time, what masses will be thinking, is there will be black swan or there will confusions. Astro cycle, Financial astrology, technicals, fundamentals and other economic indicators get birth because of “wave of nature” cycle. I have been working on since last 40 years and one thing I have found our that if you are aware about on coming wave of market then it becomes so easy to make trading and investment decisions.
The Weekly newsletter is our premium service, and those who subscribe to it love it because we don’t just talk about the weekly and future trend of the market, we talk about a lot of other things that are closely related to us and help us make the right decisions in life and the market.
Over the last ten years traders have made a fortune by following our work, I went against many known analysts and hedge fund managers with my recommendations, and so far we have won every bet.
If you open the last year’s letters and review all our recommendations, then you will realize the value of our theory. Sometimes we need to have patience. If you seriously want to make money then you have forget about short term trading and Technicals, and only target big trades. This will be the subject for next week’s Weekly Newsletter.
Once again metals struggled, energy prices achieved our higher side target. Pound lost further value, and most of the currencies traded mixed. Grains and softs traded in a mixed direction, and coffee lost value as predicted so wait to re-enter.
TSLA was our top pick and it tested an all-time high. We have been recommending buying it since it was trading at $32.00 and it is our top pick in 2020.
I love all of my books but somehow I really enjoyed writing this year’s book, and I am sure that every penny you spend on this book will give you 100 times so get ready to grab a copy on the 1st or 2nd January.
In 2019 Financial Predictions book most of the ranges were very accurate.
Stay long in YINN and INDL. LABU and SOXL gained value and will move higher.
On Thursday the US market closed at an all-time high, and globally the other markets closed at higher levels.
On Friday we are expecting the market to move higher but remember that it is the final day of December Future contract expiry so some volatility may come in the last hour of trading. I recommend buying FDX around $147.00 and JNCE at $8.30.
EXTR and VIAV also performed amazingly well, stay long.
FMCC and FNMA also performed well.
Stay long in the market and avoid any shorts. S&P started trading above 3200 which is very positive news for the market. We are ready with long list of buying in 2020.
Tech, biotech, and financial stocks traded positively, and they will keep trading positively. SOXL moved towards $268 from $106 in 2019, and it provided great returns. Trade with light positions over the next week as the year end is coming.
Sell the European market and stay long in USA market.
SOXL, INDL, YINN, and LABU will gain further value. Watch the big biotech companies closely. Take small longs in UVXY in the coming days, especially from late Thursday.
The “2020 Financial Prophecies” book will be out on 1 or 2 January.
We see frontline tech stocks moving higher so buy Google, AMZN, MSFT and others. Tech stocks will once again take the lead this week.
Finally, our 3200 target for S&P is achieved which was predicted in 2009.
Mahendra Sharma
