Stocks to watch

Please keep in mind This is not investment advice!

Stocks to watch in March:

Money Markets

Symbol Interesting Price levels Comment
TLT $92 Long term you can’t do anything wrong with this asset. Watch!
TMF $50 Same advise like TLT but has some leverage
IEF $93.5 Ishares 7-10 Year Treasury BondETF, 10 Years Bonds become interesting

Energy

Symbol Interesting Price levels Comment
UNG $15 Natural gaz prices are very low at the moment. Producers already moaning, how low can gas prizes fall?

Basic Materials

Symbol Interesting Price levels Comment
NEM $30
GOLD $14
NTR $49

Industrials

Symbol Interesting Price levels Comment
MMM $90 Below is interesting

Consumer Cyclicals

The entire Consumer Cyclical Sector appears primed for shorting.

Consumer Non Cyclicals

Symbol Interesting Price levels Comment
KDP $28.5
KHC $33
WBA $20 Good dividend earnings
GIS $62

Financial

I do not have particular watch story for long in Financial sector. Banks and investment houses have risen significantly in the last month. Some saturation is evident.

Healthcare

Symbol Interesting Price levels Comment
PFE $26.5
BMY $49

Communication Services

Symbol Interesting Price levels Comment
PARA $10

Technology

NVIDIA growth seem to be unstoppable. How ever its become interesting to watch it’s reverse moment.

Symbol Interesting Price levels Comment
PYPL $57

Real Estate

Symbol Interesting Price levels Comment
O $50
AGNC $9.5
EXR $125

Utilities

Symbol Interesting Price levels Comment
D $42

Market Setup

In February, the S&P 500 surged to new record highs on eight occasions, marking a remarkable 5.2% increase for the month. This advance extends its winning streak to four consecutive months, with a cumulative gain of 21.5% over this period. All 11 sectors experienced positive growth, with communication services leading.

The spotlights in March shines on the U.S. Non Farm Payrolls report (8 March). Its expected to show a 190K increase in employment with an unchanged unemployment rate of 3.7% with average hourly earnings growth is predicted to slow to +0.2% from January’s +0.6%. This report precedes the March 20 Federal Reserve Open Market Committee meeting by 12 days. and could send waves into the markets.

The market are not predicting (96%) FED Rate cut in March 20.

The price of U.S. crude oil arrived at $80, rising to the highest level in about four months.

Keep in mind statistically, spring of election year is not oveperforming.

Monetary stats

Unchanged

Rates Value (%)
Fed Funds rate (range) 5.25-5.5
EFFR 5.33
Fed Discount Rate 5.5
Prime rate 8.5

Earnings Reports

Date Ticker Name
March 4 GTLB GitLab Inc.
March 5 TGT Target Corp.
March 5 HCP HashiCorp.
March 6 ANF Abercrombie & Fitch
March 6 FL Foot Locker, Inc
March 6 VSCO Victoria’s Secret & Co
March 7 AOE American Eagle Outfitters, Inc.
March 7 BURL Burlington Stores Inc
March 7 AVGO Broadcom Inc
March 7 COST Costco Wholesale Corp
March 7 MRVL Marvell Technology Group Ltd.
March 12 KSS Kohl’s Corporation
March 13 ZIM ZIM Integrated Shipping Services Ltd.
March 13 DLTR Dollar Tree, Inc.
March 13 CL Colgate-Palmolive Co.
March 14 DG Dollar General Corporation
March 14 ADBE Adobe Inc.
March 15 ERJ Embraer
March 20 GIS General Mills, Inc.
March 20 MU Micron Technology, Inc.
March 20 ACN Accenture Ltd.
March 21 ACN Nike Inc
March 21 ACN FedEx Corp.
March 26 MKC McCormick & Company, Incorporated

Significant economic calendar events

Date Event
Wednesday March 06 US JOLTs Job Openings (JAN)
Thursday March 07 ECB Interest Rate Decision (Expected unchanged at 4.5%)
Tuesday March 12 US Non Farm Payrolls and Unemployment Rate
Friday March 15 US Inflation report (FEB)
Tuesday March 19 United States Michigan Consumer Sentiment
Tuesday March 19 Bank of Japan: Interest Rate Decision, United States Building Permits Report
Wednesday March 20 Fed Interest Rate Decision, Fed Press Conference