Weekly Financial Letter - Financial Astrology by Mahendra Sharma
Transcription
Weekly Financial Letter - Financial Astrology by Mahendra Sharma
Weekly Financial Letter www.mahendraprophecy.com Edition: 1026 28 Monday 2016 Weekly Newsletter from 29-4 March 2016 Market need performance like Leonardo DiCaprio – The Revenant Dear Members, Last week the market rebounded very strongly as predicted. S&P finally crossed the first most important hurdle point of 1938 so this should now be your buying level. Many frontline stocks moved sharply higher which clearly sends a message that if you miss this buying opportunity then you will feel sorry because the market has been providing an opportunity for the last three weeks. Our job was to write what we see in the coming time without focusing on what is happening right now. We are all aware how volatile the market was behaving, but at the same time it is important that we shouldn’t be losing focus about the coming time and what indicator is better than the Astro cycles. One thing that we have seen lately is that traders are focusing too much on the short term trades with leverage positions and that is very dangerous, especially if you are putting more than 5% of your capital in one trade, because if that trade goes wrong in the short term, then you can lose everything. Longer term trades will always provide you with great returns so play it safe. There is no doubt that you can make money quickly and in multi folds with short term leveraged trades but at the same time the risk of losing everything is there. Look at gold’s moves over the last five weeks. It pushed many short term traders into the corner. I always write about making trading decisions very carefully because it matters, watch loses carefully and as soon as we are wrong on the short term, stay away until we start coming accurate. Always keep our extreme levels in mind when the market is falling because we always write about how low or high any market can move in the worst/best case scenario. Like we mentioned $27.21 for oil, S&P 1812 Weekly Financial Letter by Mahendra Sharma Copyright © 2001-2014. All Rights Reserved Page 2 Weekly Financial Letter www.mahendraprophecy.com and gold $1250; and so far all these levels have worked very well most of the time. In the last two decades our important levels have always worked very well for those who focused on the medium and longer term. Look at all three charts because all these markets have changed directions from our predictable levels. Last week metals acted very volatile, gold moved on both sides and silver lost value with platinum/Palladium. Grains and softs also lost value and Thirty-Year bond gave up value from the higher levels. Dollar moved back towards 98.00 level and Pound moved towards decade lows. Last week Tuesday was a negative day for the market. S&P made lows of 1888 and on Friday it touched 1968 level so the overall move was 80 points from the low. Gold touched $1252 on the higher side and on the lower side it went to $1205. Surely gold and the markets are trading with a lot of volatility but buying has been constantly noticed in USA stocks. So far the Indian equity market remained one of the most underperforming equity market in the 2016. The Finance Minister will announce the fiscal budget on Monday. Investors are a bit nervous because so far Mr. Modi’s government has failed to encourage investors, but any surprise steps at this stage will push the market sharply higher as BSE, Nifty and Bank Nifty are trading in an extreme oversold territory even though the economic outlooks are looking bright. This week the Scorpio moon, is starting from Monday morning USA time and will end on Wednesday after the market closes but this Scorpio Moon will be different. This Scorpio moon will have a combination with Mars and Saturn. The Moon always prefers Mars combination and that comes every day after eighteen months so the Moon will be in control of Mars and won’t create the drama it is known for creating. It is just to understand the behavior pattern as well as the impact of the astro cycles which exist here. Two weeks ago it looked like I was going to lose the respect and reputation it took me 25 years to build, but I remained very firm and with 100% belief in our predictions and it is nice two see that S&P bounced back from 1812 to 1968 levels. Our subscriptions cost is just $550, and people put millions trusting our $550 letter. I shouldn’t be worrying about the outcome of our predictions because no one other than known Wall-street experts get worried because they can keep changing their stand every wee. I have been walking on a thin rope and so far have been lucky to pass every test, every time over the last 25 years, but let’s see whether I pass the test this time or not. Surely the North-Node in Leo with Weekly Financial Letter by Mahendra Sharma Copyright © 2001-2014. All Rights Reserved Page 3 Weekly Financial Letter www.mahendraprophecy.com Jupiter and Scorpio Saturn have put a small dent on my work but I am very hopeful that people will forgive me for not being able to predict very accurately in the month of January and the first two weeks of February. This is the second time that this happened. The first time was when I predicted that oil prices were going to collapse sharply from $118.00 in 2008. It didn’t happen that way and oil kept moving higher till $145. Many oil traders were upset even though they made a fortune from 2002 on our buying recommendation. After three months’ oil just collapsed towards $33.00 as predicted but during those three months I was very nervous and down. The same happened from the 1 st of January to the 12th of February. The market collapsed and gold went sharply higher which I never expected to happen. Yes, I saw a volatile time and mentioned in my book, but my guidance was still not very clear. We are sure you must be playing a small supporting role in spreading the word of our book 2016 Financial Predictions. This book is very close to my heart, and let’s see how many predictions come true by the end of this year. Here is this week newsletter from 29 Feb to 4 March: INDEXES Last week most of the developed world’s equity markets performed very well but the emerging markets struggle to put on a good show. We are not worried about the emerging market because once S&P starts breaking the upper sealing then most of the other global markets will follow the bullish trend. During last week S&P broke 1938 jinx level as predicted, in fact it went up to 1968 level on Friday during the morning hours. It came down during the late trading hours but closed above $1938 level which is important. It looks like S&P won’t close now below 1938 level for the more than three days so watch this prediction closely because if it doesn’t then it looks like it may test 1988 to 1995 levels, and these will be small profit booking levels. We are still recommending members to keep buying positions in the market on any weakness. Last week was a positive astro week and the market followed the astro indicators. This week will be the most unique one and we may learn a lot from this week because the same combination (Moon, Mars and Scorpio) will not take place for another twenty-seven years. Normally you have seen that the Scorpio Moon brings huge volatility in the market and this time it may not be able to bring an uncertain trend due to the fact that Mars is sitting on the Chariot and controlling the house. On the same side Saturn and Moon will be sitting together with Mars but under the instruction of Mars which makes this combination very unique. This combination can bring new life to the market, or some important comments or commentary can be released by FED officials or from Chinese Authorities. Weekly Financial Letter by Mahendra Sharma Copyright © 2001-2014. All Rights Reserved Page 4 Weekly Financial Letter www.mahendraprophecy.com Monday will remain a mixed day for the markets, but surely stock prices will recover due to a positive trend from oil and energy stocks. Tuesday could be a very volatile day and stock prices as well as indexes could move on both sides. If any global market closes sharply higher on Tuesday, then it can open the door for a bull market for the next 27 days and the rally could be non-stop. On Wednesday a mixed trend is indicated and on Thursday and Friday and we see positive momentum coming back. Your focus should be on accumulating positions on any weakness. S&P may hold 1936 level and may not close below 1936 for three days in a row, and on the higher side we may see 1988 level. NASDAQ will outperform. Transport stocks have bounced back sharply and will keep performing positively during this week. Banking and biotech will trade mixed and tech will keep outperforming. Last week FMCC, FNMA, and BIDU performed well, FMCC and FNMA are back on our buying list. DUST, BRZU, YINN, ERX are also in our fresh buying list with target of 100% rise from current levels. BRZU can move from $9 to 39.00 in the next one year. The Indian Finance minister will announce the fiscal budget. Watch Rupee and INDL closely because we are expecting huge momentum coming in Rupee as well as in the Indian market. According to our theory, globally developed markets have bottomed out on 15 February as predicted. The Third cycle according to our book “2016 Financial Predictions” is about to start from 4 of March 2016 and this cycle is supposed to be a very powerful one. I have been predicting that S&P and most of the USA indexes may move towards all-time highs in the month of April so it will be interesting to watch this prediction. We still believe that S&P can move towards 3200 in 2017 so let’s wait and watch. Have some medium and longer term positions in indexes because this market may not look back from next week. This week could remain an unpredictable week but we will try to update you. Weekly Financial Letter by Mahendra Sharma Copyright © 2001-2014. All Rights Reserved Page 5 Weekly Financial Letter www.mahendraprophecy.com Japan, Europe, China, Hong Kong, Brazil and India to participant in this rally from here onwards. Here are Monday’s ranges: (March 2016 contracts) HONG KONG (cash) – 19507 to 19259 NIKKEI – 16555 TO 16189 NIFTY S&P (Spot) – 7198 TO 6908 Buy at lower sides CAC – 4341 TO 4278 DAX – 9619 TO 9505 Buy at lower sides DEX EURO STOXX – 2965 – 2932 FTSE – 6118 TO 6039 FTSE/JSE (Cash) – 43978 to 43587 S&P e-mini – 1958.25 TO 1933.25 Buy at lower sides NASDAQ 100 e-mini – 4278.00 TO 4205.00 Buy at lower sides RUSSELL e-mini – 1042.00 TO 1029.00 Buy at lower side DOW e-mini – 16759 TO 16561 Buy at lower sides Metals…. Softs…. Thirty Year Bond… Grains… Energy… Currencies… Thanks & God Bless, Mahendra Sharma Sunday 3.00 PM Santa Barbara, 28 February 2016 Weekly Financial Letter by Mahendra Sharma Copyright © 2001-2014. All Rights Reserved Page 6 Weekly Financial Letter www.mahendraprophecy.com Make wave of nature/astronomical cycle an integral part of your trading/Investment strategies! Disclaimer: Mahendraprophey.com services are provided to you for informational purposes only and none of the information on the website or letters should be construed as recommendations to buy or sell a particular security, future contracts or a solicitation of offers to buy or sell a particular security. The author may make available, certain information related to the potential price movement of particular securities, but such information is for informational purposes only and should not be construed as an endorsement or recommendation. Readers are strongly advised to use their own judgment, conduct research and to question everything that they read. The information is generic in nature and is not targeted at individuals or individual circumstances. All opinions are simply opinions. All of the content published on Mahendraprophecy.com and by Mahendra Sharma is to be used for informational purposes only and without warranty of any kind. Trading of securities, futures market and other financial instruments may not be suitable for all users of this information. Trading stocks and investing in the stock, options and futures market in general has large potential rewards. However, they also have large potential risks of losing money. Traders should consult their own financial advisors regarding any securities transaction, and be responsible for their own investment decisions. Past performance is not indicative of future results. Reading daily range: When we predict a weaker trend it means that prices can break on the lower side and can trade below the predicted lows. When we predict a positive trend, it means that the daily price can break on the upside and can trade higher than the predicted price. Copyrights: We have just updated the copyrights of our work on www.mahendraprophecy.com, under US and International laws. There will be heavy penalties and severe legal actions will be taken against individuals, groups, or firms who reproduce, copy, edit or forward our work in any way, shape or form without the authorized consent of Mahendra Sharma. http://www.mahendraprophecy.com/disclaimer.php http://www.mahendraprophecy.com/privacy-policy.php Weekly Financial Letter by Mahendra Sharma Copyright © 2001-2014. All Rights Reserved Page 7