ETR Forecast + Trading Strategies


Bullish Case: ETR is strong in renewables and grid hardening, reflecting potential resilience amid climate challenges. Recent solar initiatives and $2B grid investments may counteract rising operational costs, favoring long-term stability and shareholder value.


Bearish Case: Rising grid-hardening costs, passed to consumers, may erode public trust. Near-term legal risks and public objection to increased rates could pressure stock prices, compounded by skeptical market sentiment on utility sector growth.


Potential Outcomes:

1) Successful renewable projects boost stock (65%).

2) Rate hike backlash, legal woes lower trust, impacting stock negatively (30%).

3) Unplanned outages during storm season affect operations (5%).


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April 25, 2024


Entergy Forecast

ETR        Entergy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with ETR



PPL Forecast + Options Trading Strategies   PPL  PPL (0.9)


VGK Forecast + Options Trading Strategies   VGK  Vanguard FTSE Europe (0.85)


C Forecast + Options Trading Strategies   C  Citigroup (0.85)


IEFA Forecast + Options Trading Strategies   IEFA  BTC iShares Core MSCI EAF (0.83)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to ETR



GRPN Forecast + Options Trading Strategies   GRPN  Groupon (-0.0)


RUN Forecast + Options Trading Strategies   RUN  Sunrun (-0.0)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.0)


BMEA Forecast + Options Trading Strategies   BMEA  Biomea Fusion (-0.0)


LITE Forecast + Options Trading Strategies   LITE  Lumentum (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ETR



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.7)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.7)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.72)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.78)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.83)





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