For research purposes (not financial advice) here are trades I am posting to document what happens into May 7th week. As a note, the volatility may spike and market fear could come in due to conflict overseas (especially with Russia election on May 7th).
Update: May 8th (adding MOS) – Agriculture/Chemicals
WBD
- Good P/B ratio (can be found here – less than 1 good!)
- Elected monthly bear, but testing and hold 3rd month bear (this is low – line in sand)
- Lower risk – know where wrong is not far away
AEHR
- Possible Month low
- Trading below Month Bear (dark red)
- Above Week Bear (pink)
- Looking for low into May 7th
AMD – Risky (due to gap down)
- Weekly Bear (pink) to watch till friday (need close above)
- Caution: May 6th (week) or May 13th (week) low
- Symbols I use:
- AMD (regular stock)
- AMDL (leverage, sizing accordingly)
- AMDY (pays dividends every month, 1.11 per share – every month)
AI
- Bounced off monthly bear (red)
- Captured low, but still can make new lows for month
KHC
- Good price to book ratio < 1
- Earnings just crashed the stock
- Holding above Month Turn Point low
- Watching Weekly (pink bar) for close above for move back up
- Break March month low, heading lower into June
- Hold March low, head back up
MOS (Agriculture / Chemicals)
Went long as this May appears to be turning point and we have a low on and around May 7th. This could mean money moves into this stock.
Below is weekly chart, we had 9 weekly bearish elected which may mean that it is overextended and over sold with that many bearish reversals in one week. We also have monthly supports (dark red).
Target can be upward into September.
New Trades I Am Currently Long:
Trades I currently long (with luck caught good bottoms): TSLA, AAPL, AI, JD(expect 3 weeks down), MDLZ
Of course, I have hedges to protect May 7th downside… with hopes of losing money on hedges.
Trades looking into more: Oil (DBO), APA, Commodities as we head closer to possible conflict
NOTE ABOUT WHISPERS OF WAR:
- when the missiles fired it gave a boost to market
- capital usually flees for safety regardless of returns
- Intl capital can’t keep money in bank when tanks are in the street
- Bonds will not be safety anymore — US/Nato wants War to fix debt
- Central Bank Digital Currency will be tried to be implemented to reset the debt
- It will be important to have Tangible Assets if/when currency reset happens?
