CAL Forecast


Bullish Case: CAL, despite insider sales, shows a moderate price appreciation (+17% in 90 days). With implied volatility relatively stable and upcoming earnings potentially driving positive sentiment, a spike isn't unfounded.


Bearish Case: Insider selling, low year-over-year revenue growth (0.1%), and recent price stagnation suggest underlying weakness. High implied volatility in near-term structures hints at market uncertainty.


Potential Outcomes:

1. Continued insider sales could tank stock (-20% likelihood).

2. Positive earnings unexpectedly boost stock (+10% likelihood).

3. Market re-evaluates CAL leading to a correction or rally (+70% likelihood).


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April 23, 2024


Caleres Forecast

CAL        Caleres
Price Forecast: BULLISH    Price Action: RANDOM (?)











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MOD Forecast + Options Trading Strategies   MOD  Modine Manufacturing (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to CAL



TWO Forecast + Options Trading Strategies   TWO  Two Harbors Investment (0.0)


HZO Forecast + Options Trading Strategies   HZO  Marinemax (-0.0)


AXL Forecast + Options Trading Strategies   AXL  American Axle & Manufacturing (-0.01)


EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (0.01)


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Anticorrelated Stock Forecasts

Assets that tend to move strongly against CAL



AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)


PFE Forecast + Options Trading Strategies   PFE  Pfizer (-0.89)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.92)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.94)





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