Correlated Stock Forecasts

Assets that tend to move strongly with BKR



SIL Forecast + Options Trading Strategies   Global X Funds - Global X Silver Miners (0.82)


FNV Forecast + Options Trading Strategies   Franco-Nevada (0.78)


JNUG Forecast + Options Trading Strategies   Direxion Daily Junior Gold Miners Index Bu (0.78)


ANF Forecast + Options Trading Strategies   Abercrombie & Fitch (0.76)


GOGO Forecast + Options Trading Strategies   Gogo (0.72)



Uncorrelated Stock Forecasts

Assets with little price relationship to BKR



STZ Forecast + Options Trading Strategies   Constellation Brands (0.0)


WSM Forecast + Options Trading Strategies   Williams-Sonoma (-0.0)


COST Forecast + Options Trading Strategies   Costco (-0.01)


IBKR Forecast + Options Trading Strategies   Interactive Brokers (0.04)


PINS Forecast + Options Trading Strategies   Pinterest (0.04)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BKR



YANG Forecast + Options Trading Strategies   Direxion Daily FTSE China Bear 3X Shares (-0.29)


RBLX Forecast + Options Trading Strategies   Roblox Corporation - (-0.3)


SDOW Forecast + Options Trading Strategies   ProShares UltraPro Short Dow30 (-0.37)


IVR Forecast + Options Trading Strategies   Invesco Mortgage (-0.41)


UUP Forecast + Options Trading Strategies   Invesco DB US Dollar Index Bullish (-0.81)


BKR 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.

Most Recent BKR News
















Bullish Case: BKR is partnering with Ecopetrol and CHEC for a geothermal project in Colombia[thinkgeoenergy.com], collaborating with HIF Global on carbon capture technology[Yahoo], and has plans for multiple years of growth[Yahoo].


Bearish Case: BKR's stock experienced fifth consecutive day of losses[Market Watch], U.S. drilling rigs decline for the fourth week[seekingalpha.com], and it has a high average implied volatility at the 70th percentile[Helium].


Takeaway: Baker Hughes is diversifying with new partnerships and technology investments, but recent stock performance and declining drilling rigs raise concerns about short-term stability[Market Watch][thinkgeoenergy.com][Yahoo][seekingalpha.com].


March 24, 2023