Daily Flash News

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Norman Harvey
5 years ago
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1 Daily Flash News

2 March 2014 Thursday s Flash-news (Unedited) Dear Members, On Wednesday once again, the US market fell sharply on the selling pressure. Big tech names, especially social networks like Facebook, Twitter and many others fell sharply. Biotech stocks were unable to recover. It looks like S&P will have a difficult time cross the 1864 level and the down side will hold 1836 or not. According to our astro theory, S&P will hold 1834, and at this stage, it clearly looks like it won t fall below In our weekly newsletter, we mentioned that Wednesday will be a great day for buying as we expected weaker trends and we are sure you must have taken some buying positions. On Thursday and Friday, we see a strong rebound in the market, so accumulate S&P, DOW, NASDAQ and Russell. Today, two tech IPOs opened sharply lower because retailers are not very attracted to buy any junk companies, which is a great sign. In 1999 and early 2000, the market flooded with IPO s and bankers as well as investors, who were putting their money in any companies. Today s actions in the market is very healthy because the more it spends here, the more powerful the trends will develop in the market in the coming time. Investors don t want all these new shady IPO s. Metals traded as predicted, and dollar remained positive. On Thursday, we expect the market to rebound so one should start buying around the lower sides. Commodities look horrible, so avoid any buying in commodities especially. This is what we mentioned yesterday and hold same predictions: International market will trade higher, avoid any shorts in emerging market like India, China and Brazil as these markets will remain on fire. Indian market have been performing amazingly well and it will keep moving higher. Bullish trend in equity will remain intact until S&P remains above This is what we mentioned yesterday: We strongly recommend watching the market closely as it may have been trading in the range of 1750 to 1865 since the 10 th of October, which means that since the last five months, the market is hanging around the 120 point range, which clearly indicates that something big is about to begin. S&P s new astro support point is 1836 and the higher side can easily move another three percent. Here are the trading ranges and strategies for Thursday: Daily Flash News Copyright All Rights Reserved Page 2

3 METALS On Wednesday once again precious metals went down as predicted. Base metals remained directionless. We are not recommending any buying in precious metals as a hedging trade against stock market falling but surely one can book at least 30% profit those who hold gold around higher side during this month. We are not recommending any buying in metal stocks as these stocks may fall hard. Today DUST gained another 13%, book 50% profit and hold 50% positions in it. In the last 11 trading it gained almost 50%. Selling metals and buying DUST remain one of the best short term call. Thursday base metals will trade negative but precious metals will remain in weaker directions so avoid any buying positions. If gold close below $1300 then expect $1245 during next week. This is what we mentioned two weeks back Wednesday: Last week we predicted the end of the positive trend in metals on the 14 th of March, and that has proven to be accurate so far, as precious metals opened positive, but closed lower. We still recommend staying away and selling on any rise in precious metals. Gold fell from $1392 to $1320 and metal stocks suffered badly. Avoid metal stocks at this stage as a sudden fall time has arrived. Final note: Don t buy metals because of the Crimea news. Here is Thursday s range: (May 2014 contract): GOLD: $ to $ (April) Trade in and out SILVER: $19.91 TO $19.53 Trade in and out COPPER: $ TO $ Hold short PALLADIUM: $ TO $ Hold buying PLATINUM: $ TO $ Daily Flash News Copyright All Rights Reserved Page 3

4 INDEXES On Wednesday most of world market closed higher but US market fall sharply after opening higher in third day of row. S&P is not able to hold 1868 level which is clearly indicating weaker trend in market but same time we don t see S&P going below 1834 so what our lower side range very carefully because it can provide us great buying opportunity. In our this week s weekly newsletter we recommended buying on late Wednesday on weakness as we saw some weaker trend that is why we advised to stay away on Monday and Tuesday. Anyway don t focus too much on market because many stocks looks great buy around current level so don t miss opportunity of buying. Emerging market, Chinese market and Chinese ADR looks great bet here, Buy Chinese ETF from today. Our astro cycle is telling us that now time to put money in Chinese stocks so don t miss opportunity from today. YINN is ultra long Chinese etf. World markets will remain in bullish directions until S&P holds Don t short Indian, China and Brazil as these market may gain continuously. Indian market outperformed global market as predicted, hold investment in Indian market. We are sure many of you must have done well in Indian stocks in ETF s. This is what we mentioned Monday: Avoid commodity stocks as the commodity trend looks negative compared to the market trend. Keep adding quality stocks. S&P closed below 1864, which is a negative sign, but bull trends will remain intact until it is held at Here is Thursday s ranges: (June contracts) AUSTRALIAN (Cash) 5402 to 5355 NIKKEI (Sep) TO NIFTY S&P (Spot) 6640 to 6555 SINGAP0RE (cash) 3135 TO 3118 HONG KONG (cash) to CAC 4279 TO 4228 DAX 9459 TO 9300 DEX EURO STOXX FTSE 6555 TO 6470 Daily Flash News Copyright All Rights Reserved Page 4

5 FTSE/JSE to S&P TO NASDAQ TO RUSSELL TO DOW TO Thanks & God Bless, Mahendra Sharma, 26 March 2014, Wednesday 4.00 PM, Santa Barbara Make the wave of nature/astronomical cycle an integral part of your trading/investment strategies! Copyrights: We have just updated the copyrights of our work on, under the USA and under international laws. There will be heavy penalties and legal charges against individuals, groups or firms who are copying, editing or forwarding our work in any form without authorized permission. Members or Subscribers of mahendraprophecy.com should do their own research and due diligence before investing in any of recommendations. Investing in stocks, futures and options is very speculative and carries a high amount of risk. Subscriber may lose money trading and investing in such investment. Reading daily range: When we predict a weaker trend it means prices can break lower side and they can trade below predicted lows. (You can cover short but don t buy extra at lower levels until our indicators give buy signal). When we predict a positive trend, means daily price can break upside and they can trade higher than predicted price (you can book profit but don t short that market). Daily Flash News Copyright All Rights Reserved Page 5

Daily Flash News

Daily Flash News 2034 18 March 2014 Tuesday s Flash news Dear Members, On Monday stocks rebounded strongly and commodities as predicted. Currencies traded mix and Treasury bond remained directionless.