Bullish Case: Despite a recent flatter trend, KRE offers potential for a bullish outlook with moderate increased interest and investment from institutional investors, beneficial to drive momentum in regional banking stocks.


Bearish Case: KRE's ongoing underperformance and a historical trend of volatility suggest skepticism. External economic factors may continue adding pressure, risking further declines.


Potential Outcomes:

1. Slight increase in KRE due to institutional interest, 35%.

2. Continued flat trend influenced by market volatility, 50%.

3. Decrease due to economic pressures, 15%.


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April 23, 2024


SPDR S&P Regional Banking Forecast

KRE        SPDR S&P Regional Banking
Price Forecast: BEARISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with KRE



IAT Forecast + Options Trading Strategies   IAT  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.96)


DPST Forecast + Options Trading Strategies   DPST  Direxion Daily Regional Banks Bull 3X Shares (0.95)


WAL Forecast + Options Trading Strategies   WAL  Western Alliance Bancorp (0.94)


LOB Forecast + Options Trading Strategies   LOB  Live Oak Bancshares (0.94)


ZION Forecast + Options Trading Strategies   ZION  Zions Bancorporation N.A (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to KRE



VGLT Forecast + Options Trading Strategies   VGLT  Vanguard Group, Inc. - Vanguard Long-Term Treasury (-0.0)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.0)


MVIS Forecast + Options Trading Strategies   MVIS  Microvision (-0.01)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (-0.01)


WMT Forecast + Options Trading Strategies   WMT  Walmart (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against KRE



DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.86)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.87)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.87)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.87)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.88)





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