Bullish Case: Investor confidence rises with strong corporate earnings, government stability, and continuing favorable economic indicators, pushing DOW higher.


Bearish Case: Rising inflation, economic slowdown fears, potential government shutdown, and increasing market volatility drive DOW prices down.


Potential Outcomes: Increased interest rates and inflation concerns might lead to a market pullback (~30% chance). Improved employment data potentially stabilizes market (~40% probability). S&P dividend payment decline might indicate cautious corporate outlook (~20% likelihood).


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April 04, 2024


Dow Forecast

DOW        Dow
Price Forecast: BULLISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with DOW



XLB Forecast + Options Trading Strategies   XLB  Active Trust - Materials Select Sector SPDR (0.89)


JEPI Forecast + Options Trading Strategies   JEPI  JPMorgan Equity Premium Income (0.87)


HOG Forecast + Options Trading Strategies   HOG  Harley-Davidson (0.87)


SPYD Forecast + Options Trading Strategies   SPYD  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (0.86)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to DOW



SGRY Forecast + Options Trading Strategies   SGRY  Surgery (0.0)


ROKU Forecast + Options Trading Strategies   ROKU  Roku (0.0)


NVCR Forecast + Options Trading Strategies   NVCR  NovoCure (-0.0)


ADC Forecast + Options Trading Strategies   ADC  Agree Realty (-0.0)


NOK Forecast + Options Trading Strategies   NOK  Nokia (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DOW



DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.76)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.77)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.83)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.83)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.84)





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