NDAQ Forecast + Trading Strategies


Bullish Case: NDAQ shows resilience amidst broader market instability, with ongoing institutional support and a rising trend in options' implied volatilities suggesting potential for upward price shocks.


Bearish Case: Recent market declines, intensified by tech sector volatility and potential interest rate adjustments, could lead to further decreases in NDAQ prices as investor sentiment wanes.


Potential Outcomes:

1. Continued market resilience (45%), drawing on institutional strength.

2. Downward pressure from broader market instability (40%).

3. Positive shocks from upcoming IPOs, potentially lifting the index (15%).


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April 23, 2024


Nasdaq Forecast

NDAQ        Nasdaq
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with NDAQ



IDT Forecast + Options Trading Strategies   IDT  IDT Corp. - (0.86)


WING Forecast + Options Trading Strategies   WING  Wingstop (0.85)


DIS Forecast + Options Trading Strategies   DIS  Walt Disney (0.84)


VZ Forecast + Options Trading Strategies   VZ  Verizon Communications (0.83)


MFC Forecast + Options Trading Strategies   MFC  Manulife Financial (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to NDAQ



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


HURN Forecast + Options Trading Strategies   HURN  Huron Consulting (0.0)


HPE Forecast + Options Trading Strategies   HPE  Hewlett Packard Enterprise (0.01)


PTCT Forecast + Options Trading Strategies   PTCT  PTC Therapeutics (0.01)


BERY Forecast + Options Trading Strategies   BERY  Berry (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NDAQ



WTI Forecast + Options Trading Strategies   WTI  W & T Offshore (-0.75)


SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.75)


IGT Forecast + Options Trading Strategies   IGT  International Game Technology (-0.76)


CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (-0.76)


WW Forecast + Options Trading Strategies   WW  WW International (-0.76)





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