Stocks to watch#
Please keep in mind This is not investment advice!
Stocks to watch in May:
Money Markets#
We saw some intriguing developments in the US money markets during March and April. Following the latest Federal Reserve press conference and the release of inflation data, the markets have adjusted their expectations, moving away from anticipating a rapid interest rate cut. The current consensus in the market is that there will be just one rate cut in 2024.
That development has put major bonds under pressure and yield rising.
| Symbol |
Interesting Price levels |
Comment |
| TLT |
$87 |
Long term you can’t do anything wrong with this asset. Watch! |
| TMF |
$40 |
Same advise like TLT but has some leverage |
| IEF |
$91 |
Ishares 7-10 Year Treasury BondETF, 10 Years Bonds become interesting |
Energy#
| Symbol |
Interesting Price levels |
Comment |
| UNG |
$13 |
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 |
| NTR |
$49 |
|
Industrials#
In my view the Industrials are too high atm. I’m not watching something, that appear “cheap” to me.
Consumer Cyclicals#
| Symbol |
Interesting Price levels |
Comment |
| GT |
$11 |
|
| NKE |
$87 |
|
| VSCO |
$17 |
interesting if goes below |
Consumer Non Cyclicals#
| Symbol |
Interesting Price levels |
Comment |
| WBA |
$17 |
Unfortunately, WBA shares continue to fall. However, dividends remain stable, and $17 appears to be a strong support level. |
Financial#
| Symbol |
Interesting Price levels |
Comment |
| AGNC |
$9 |
Interesting below this. Depending overall Money Markets bonds yield. |
| ABR |
$12 |
|
Healthcare#
| Symbol |
Interesting Price levels |
Comment |
| CVS |
$67 |
|
| BMY |
$44 |
|
| GILD |
$65 |
|
| PFE |
$25 |
|
Communication Services#
| Symbol |
Interesting Price levels |
Comment |
| WBA |
$7 |
|
| LUMN |
$1.15 |
|
| BCE |
$32 |
|
Technology#
NVIDIA growth seem to be unstoppable. How ever its become interesting to watch it’s reverse moment.
| Symbol |
Interesting Price levels |
Comment |
| U |
$22 |
|
| ZM |
$59 |
|
Real Estate#
| Symbol |
Interesting Price levels |
Comment |
| WPC |
$52 |
|
| REXR |
$42 |
|
Utilities#
Market Setup#
Looking ahead, we anticipate a mix of cautious optimism amidst concerns over inflation and economic slowdown. The slowing growth in the U.S. economy, paired with inflation rates persistently above the Federal Reserve’s target, suggests that the Fed may proceed cautiously, potentially influencing future interest rate decisions.
Bond yields have risen, reflecting expectations of tighter monetary policy, which could affect bond market volatility. Meanwhile, the stock market has shown resilience, particularly in the technology sector, buoyed by strong earnings.
However, the broader market sentiment will likely remain cautious, influenced by upcoming economic data and Federal Reserve policy updates. Investors should stay alert to signs of economic shifts that could impact market trends.
Monetary stats#
Unchanged
Significant economic calendar events#
| Date |
Event |
| Wednesday May 01 |
US JOLTs Job Openings (JAN) + Fed Interest Rate Decision! (Expected unchanged) |
| Friday March 03 |
Non Farm Payrolls, Unemployment rate |
| Wednesday May 15 |
US Inflation statistic |
| Thursday May 30 |
US GDP Growth Rate QoQ |
