BLK Forecast


Bullish Case: Robust participation in crypto ETFs and digital asset tokenization positions BlackRock at the forefront of financial innovation. Strategic partnerships and inflows to BLK suggest sustained growth despite broader market volatility.


Bearish Case: Recent outflows from BlackRock's Bitcoin ETFs, high volatility in crypto markets, and persistent regulatory scrutiny imply potential downward pressure on BLK.


Potential Outcomes:

1. Crypto ETFs draw in more institutional investors, boosting BLK (60%).

2. Continued ETF outflows hurt earnings, reducing BLK’s share price (30%).

3. Regulatory outcomes, especially regarding digital assets, shift market perceptions (10%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


May 07, 2024


Blackrock Forecast

BLK        Blackrock
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with BLK



UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (0.96)


ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (0.96)


VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.95)


ARKW Forecast + Options Trading Strategies   ARKW  ARK Next Generation Internet (0.95)


CRM Forecast + Options Trading Strategies   CRM  Salesforce.Com (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to BLK



ALK Forecast + Options Trading Strategies   ALK  Alaska Air (-0.0)


SKLZ Forecast + Options Trading Strategies   SKLZ  Skillz (-0.0)


KBR Forecast + Options Trading Strategies   KBR  KBR (0.0)


CTVA Forecast + Options Trading Strategies   CTVA  Corteva (0.01)


D Forecast + Options Trading Strategies   D  Dominion Energy (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BLK



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.93)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.95)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.95)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BLK


 Ask any question about BLK!