CLOU Forecast


Bullish Case: CLOU benefits from expected Rapid growth in cloud computing (IDC forecasted CAGR of 17.3%).


Bearish Case: High uncertainty and flat recent returns suggest limited upside for CLOU in the short term.


Potential Outcomes: Cloud market expansion (60%), Competitive pressures (25%), Economic downturn (15%) likely affect CLOU.


Trading Oracle: Utilize long debit spreads with a bullish outlook on CLOU for a 3-6 month horizon due to strong cloud market growth projections. Focus on strike prices aligning with low implied volatility differences to maximize reward:risk.


July 12, 2024


Global X Funds - Global X Cloud Computing Forecast

CLOU      Global X Funds - Global X Cloud Computing











Correlated Assets

Assets that tend to move strongly with CLOU



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.25)


VFC Forecast + Options Trading Strategies   VFC  VF (0.1)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.02)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.27)



Uncorrelated Assets

Assets with little price relationship to CLOU



LI Forecast + Options Trading Strategies   LI  Li Auto (0.02)


VFC Forecast + Options Trading Strategies   VFC  VF (0.1)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.25)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.27)



Anticorrelated Assets

Assets that tend to move strongly against CLOU



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.25)


VFC Forecast + Options Trading Strategies   VFC  VF (0.1)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.02)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.27)





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