MFG Trade of The Week

BMY is shaping the future of medicine

Hey MFG!

So far, we've had a fantastic week in the markets! Yesterday, I added to INTC, SOFI, LYFT and started new swing trades in AMD and GUSH. I’m keeping a close eye on CART, DASH, and UBER.

My last message to you was about my swing trades in AI, AIR, CELH, and JNJ. Since then, CELH hit an extreme-high RSI and could be trimmed here. AI and JNJ are in stage 2 breakouts. Now is the time to take profits on AIR. Look to trim AI on a 70+ RSI.

NEW ANNOUNCEMENT!!

My newest e-book, The Bread-And-Butter Trading System will be available for sale soon!! I’m not sure where that term came from, but bread and butter are staple American foods.

This strategy became my staple food- my go to strategy to add “alpha” to my buy and hold stock dividend portfolio. It literally became my bread-and-butter trading method.

Stay tuned for the release date and be among the first to get your copy. Don't miss out on this opportunity to step up your buy and hold portfolios and advance your trading skills.

Follow the MFG Substack to receive an exclusive discount and be notified as soon as the ebook is available!

HOMEWORK! Basics of Trading: Life is A Trade CLICK HERE!

Today's message is about Bristol Myers Squibb Co (BMY), a blue-chip pharmaceutical dividend stock. It's currently in a stage 1 accumulation zone according to the Money Flow Trading System and trading below its 200-day SMA.

This gives us a great opportunity to add to our buy and hold accounts and put on a Bread-and-Butter Trade. I’m looking to accumulate more shares of BMY here.

The Case for Bristol-Myers Squibb Co (BMY) Shares

Bristol Myers Squibb Co. (ticker: BMY) presents an appealing investment opportunity due to its diverse and robust portfolio in oncology, cardiovascular diseases, and immunology, alongside a strong pipeline of innovative drugs, signaling potential future growth.

SEE BMY CHART WITH STOP AND TARGETS CLICK HERE

This diversity not only provides a steady revenue stream, but also mitigates the risks associated with dependency on a single product or market. The company's strategic acquisitions, such as Celgene, have broadened its research capabilities and opened new revenue streams, enhancing its market position.

Financially, BMY demonstrates stability with solid revenues, profit margins, and a history of dividend payments, making it attractive for us income-focused investors.

If you need help with identifying which stages your stocks are in, or using the Money Flow indicators, consider my course:

“The Money Flow Trading System Swing Trading Bootcamp!” CLICK HERE!

Potential Opportunity in the Healthcare Sector (XLV)

Biotech and pharmaceutical stocks, including JNJ, PFE, BMY, GILD, ABBV, BLUE, and CRSP, have experienced significant declines over the past two years. The end of the Covid-19 surge and the Federal Reserve's high interest rates have contributed to a bear market and challenging conditions in these sectors.

Eventually, major pharmaceutical and biotech stocks (XLK) will put in a bottom and recover,

This situation presents a lucrative opportunity for investors, as current stock prices are low with the potential for significant upside. If you don't already have exposure to biotech or pharma stocks, now is a great time to dig into these companies and start some positions.

"The major key to your better future is you."- Jim Rohn

Always remember, whatever you think about comes about, whatever you focus on grows. - GP

Purchase a hard copy of Gerald’s trading strategy book called The Money Flow Trading System.

We never know where the market is going to go. We do know the stock market climbs higher 70% of the time. Check your charts everyday and keep in flow. 

If you need help with this, consider Gerald's course, "Getting Started with Stock Charts the Money Flow Way" and you will be ready to add shares to your portfolios on stage 1 when the markets are about to possibly rotate and trim profits when opportunities arise.

They say that you can’t buy bottoms or sell tops; The Money Flow Trading System can show you how to buy ALL the tops and the bottoms and stay in the flow.

That is what the Money Flow Trading System is all about. Being in flow with the stock market. Simple? YES! Easy? NO, but what in life that is worth having is? Stay the course, don't give up and don't get shaken out by wars, the Fed raising rates, rumors of recession, or any other event that may come.

Don't forget, 70% of the time the stock market climbs higher and the other 30% sets up for good buying opportunities.