AEM Forecast + Trading Strategies


Bullish Case: Increasing gold prices and strong AEM financial metrics, noted from its recent EPS beat and revenue growth, boost investor confidence, potentially driving the stock higher.


Bearish Case: AEM faces risks from a flat recent price action and high volatility in the options market, indicating uncertainty and potential downside if global economic conditions worsen.


Potential Outcomes:

1. Bullish breakout if gold prices surge (40%).

2. Sideways movement due to market hesitancy and mixed signals (30%).

3. Bearish descent on economic downturns (30%).


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May 14, 2024


Agnico Eagle Mines Forecast

AEM        Agnico Eagle Mines
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with AEM



GDXJ Forecast + Options Trading Strategies   GDXJ  VanEck Vectors Junior Gold Miners (0.9)


UGL Forecast + Options Trading Strategies   UGL  ProShares Ultra Gold (0.87)


SIL Forecast + Options Trading Strategies   SIL  Global X Funds - Global X Silver Miners (0.86)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.85)


GFI Forecast + Options Trading Strategies   GFI  Gold Fields (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to AEM



LVS Forecast + Options Trading Strategies   LVS  Las Vegas Sands (-0.0)


SNCY Forecast + Options Trading Strategies   SNCY  Sun Country Airlines (0.0)


HES Forecast + Options Trading Strategies   HES  Hess (0.0)


UL Forecast + Options Trading Strategies   UL  Unilever (0.0)


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



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AEM



FRHC Forecast + Options Trading Strategies   FRHC  Freedom (-0.59)


CSCO Forecast + Options Trading Strategies   CSCO  Cisco Systems (-0.65)


WMT Forecast + Options Trading Strategies   WMT  Walmart (-0.71)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.96)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.97)


AEM News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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