Bullish Case: GT’s trading at a low P/B ratio, recent rise reflects a short-term uptrend, offering bullish credit spread opportunities with strong institutional backing.


Bearish Case: GT’s long-term decline, negative past returns, and high debt usage signal persistent underlying bearish sentiment.


Potential Outcomes:

1. GT stabilizes near-term, gaining 5-10% (40% chance).

2. GT volatility spikes, offers quick trade exits with marginal profit (35% chance).

3. GT resumes long-term downtrend, slipping 10-20% (25% chance).


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February 02, 2024


Goodyear Tire & Rubber Forecast

[GT]  Goodyear Tire & Rubber
Price Forecast: NEUTRAL    Price Action: RANDOM (?)



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GT Balanced News:


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Correlated Stock Forecasts

Assets that tend to move strongly with GT



AAPL Forecast + Options Trading Strategies   [AAPL]  Apple (0.82)


FPI Forecast + Options Trading Strategies   [FPI]  Farmland (0.81)


CSGP Forecast + Options Trading Strategies   [CSGP]  Costar Group (0.79)


RMBS Forecast + Options Trading Strategies   [RMBS]  Rambus (0.77)


IDCC Forecast + Options Trading Strategies   [IDCC]  Interdigital (0.77)



Uncorrelated Stock Forecasts

Assets with little price relationship to GT



WOR Forecast + Options Trading Strategies   [WOR]  Worthington Industries (-0.0)


HGV Forecast + Options Trading Strategies   [HGV]  Hilton Grand Vacations (0.0)


SIL Forecast + Options Trading Strategies   [SIL]  Global X Funds - Global X Silver Miners (-0.0)


DAVA Forecast + Options Trading Strategies   [DAVA]  Endava plc (-0.0)


INVZ Forecast + Options Trading Strategies   [INVZ]  Innoviz (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GT



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.6)


QID Forecast + Options Trading Strategies   [QID]  ProShares UltraShort QQQ (-0.63)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.66)


SDS Forecast + Options Trading Strategies   [SDS]  ProShares UltraShort S&P500 (-0.66)


HPK Forecast + Options Trading Strategies   [HPK]  HighPeak Energy (-0.74)





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