GOOGL Forecast + Trading Strategies


Bullish Case: With rising AI investments and consistent top-line growth, Alphabet aims for significant advancements and cost reductions through renewable energy sources. Positive market sentiment and institutional backing bolster the bullish perspective.


Bearish Case: The potential for regulatory challenges, increased competition, and high costs from AI and clean energy investments could hinder profit margins. Emergent adverse economic conditions might exacerbate these challenges.


Potential Outcomes:

1. AI leading market dominance (60%)

2. Short-term volatility due to regulatory scrutiny (20%)

3. Market competition affecting revenues and margins (15%)

4. Economic downturn impacts advertising budgets (5%)


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June 18, 2024


Alphabet Forecast

GOOGL      Alphabet











Correlated Assets

Assets that tend to move strongly with GOOGL



GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (1.0)


WDC Forecast + Options Trading Strategies   WDC  Western Digital (0.92)


MMYT Forecast + Options Trading Strategies   MMYT  MakeMyTrip (0.91)


VRT Forecast + Options Trading Strategies   VRT  Vertiv (0.91)


MU Forecast + Options Trading Strategies   MU  Micron Technology (0.9)



Uncorrelated Assets

Assets with little price relationship to GOOGL



NLY Forecast + Options Trading Strategies   NLY  Annaly (-0.0)


AAPL Forecast + Options Trading Strategies   AAPL  Apple (-0.01)


MT Forecast + Options Trading Strategies   MT  New York Shares (-0.01)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.01)


VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against GOOGL



UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.86)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.88)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.88)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.88)


PTLO Forecast + Options Trading Strategies   PTLO  Portillos (-0.89)





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