Tomatrader-X

MFG: Long term strategy

Long
Tomatrader-X Aggiornato   
NYSE:MFG   Mizuho Financial Group, Inc. Sponosred
This chart indicates a strong relation of MFG (generally applies to most bank stocks) with gov yield rates - 5 year Japanese bond in this case.
Considering the chart pattern, there is still a possibility of testing a bottom for a couple of months, but the stock price should soon catch up with the yield rate.
As the downside risk is limited, we may be seeing a great opportunity to accumulate and add these stocks to your portfolio for income gain.

FRB started rasing the funds rate. This may continue for a couple of years and it is best to watch their monetary policy.
The current inflation we are experiencing is worldwide and BOJ will follow FRB - FRB is running ahead of BOJ.
FRB will tell you when to exit.
Trade attivo:
Seem like the stage is set up now.
BOJ officially started tightening.

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