Thursday’s Daily Stock Report (Unedited)
Another two trading days are pending before the unknown astro time cycle of market to start
Dear Members,
Yes, I called this time cycle an “unknown astro cycle” because in the last seven hundred years, this kind of astro combination never took place. If the combinations are close to any of the previous astro cycles’, then it is very easy to predict anything. This time I have chosen the prediction about the impact on the market.
Most of you are aware that I chose and called this cycle a chaotic and dark period for the market, with an unexpected drastic fall with or without any major reason. As mentioned last week, next week’s newsletter will be a historic one, and I am looking forward to writing it in detail. I still believe that the market may fall 7-12% in a day and then crash up to 20-28% in the next three months.
Stay short and add some more put options in the market; stay away from any buying in any sector or any stock. Stay long UVXY, and stay away from energy stocks.
On Wednesday, most of the markets traded negatively, but buying was witnessed in tech sectors. Next week, the real negative astro cycle is starting, so it will be interesting to watch. On Thursday, most of the markets will remain in mixed directions.
Many traders started sending emails stating that the technical charts are too strong for the bull, so a bear market looks difficult. I always stated in the past that technical indicators can suddenly change, so they are very difficult to trust. Technical charts were never able to predict any crash in the last 100 years, or they never indicated what was coming in financial markets. Surely, computer or automated trading can support markets until the technical charts show a positive sign, so remain alert if you are trading as per the technical.
We are still recommending staying short in European and emerging markets. Trade in and out in the USA market on Thursday. Higher side selling is still recommended in all major markets.
UVXY moved higher, but came down. ERX will trade mixed, and DUST is a good buy on any sharp weaknesses. Next week will be the most crucial week for markets. This week, we recommended selling aggressive positions in emerging markets like Indian “INDL” and South African markets. Look at the Indian market ETF INDL, which just lost more than 8% value.
I don’t see any major issues with North Korea, and don’t see that they have a weapon powerful enough to harm any major nations, so discard this issue.
I am sure you are ready for the market to crash as it will start as predicted. Our predicted date of crash is nearing. One must read this week’s newsletter carefully. We still believe that the crash will be 20-30% as predicted in the predicted time cycle.
Soon, our discount offer will be out in the next two weeks.
Most of the global markets traded mixed on Tuesday, but the USA market closed sharply negative. On Wednesday, a negative trend will continue, so selling is recommended on higher sides in most of the global and USA markets. On the higher side, USA will be unable to close above our predicted (and most important) level.
Emerging markets will be a good sell, but our main focus should be on the USA markets.
Stay long and add more UVXY. Stay away from most of the sectors.
This is what we stated yesterday: In conclusion, a weaker trend in the market will start from the 12th of August. It is a Saturday, so sell aggressive positions in the market on 11th of August on Friday. From the 14th of August, the market will come in a bear grip, but one thing is very sure: by the 29th of August, most of the markets will be sitting under a gloomy scenario.
Stay short and add more sell positions from next week or from the 12th of August; we still believe that the Market will crash from the 18th of August. We still believe there will be a 20-28% sudden fall in any market between the 12th of August to the 29th of October.
Leveraged ETF’s should be in your watching list; start adding TQQQ (Nasdaq) and SPSX (S&P) or SOXL (Semi-Conductors).
Thanks & God Bless
Mahendra Sharma
7.00 PM Santa Barbara, 9 August 2017