FDVV Forecast


Bullish Case: FDVV's mix of high-dividend and growth stocks like Nvidia implies strong long-term returns. Historical data shows consistent upward returns, and large institutional buys indicate confidence.


Bearish Case: FDVV’s exposure to high-growth tech stocks could underperform if the sector faces downturns. The ETF's mean-reverting nature indicates potential short-term price corrections.


Potential Outcomes:

1. Market rally boosts FDVV (+60%): 30%

2. Stable growth (+20%): 50%

3. Sector downturn (-20%): 20%. Predictions based on historical return trends and market sentiments.


Trading Oracle: Sell Helium Long Volatility 07/19/2024 51.00 call and buy 50.00 call, capturing elevated IV. Bearish spread limits risk and aligns with potential short-term volatility compression. High PoP.


July 12, 2024


Fidelity Covington Trust - Fidelity High Dividend Forecast

FDVV      Fidelity Covington Trust - Fidelity High Dividend











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Assets that tend to move strongly with FDVV



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SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.99)


UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (0.99)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (0.99)



Uncorrelated Assets

Assets with little price relationship to FDVV



PATH Forecast + Options Trading Strategies   PATH  UiPath (0.0)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.0)


BHP Forecast + Options Trading Strategies   BHP  BHP Group Limited (0.01)


AAOI Forecast + Options Trading Strategies   AAOI  Applied Optoelectronics (0.01)


PBF Forecast + Options Trading Strategies   PBF  PBF Energy (0.01)



Anticorrelated Assets

Assets that tend to move strongly against FDVV



VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.95)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.96)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.97)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.99)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.99)





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