NDAQ Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: The Nasdaq shows resilience as tech stocks benefit from favorable economic conditions and upcoming IPOs, with anticipated Fed rate cuts providing momentum. Strong fundamentals from major tech firms suggest upward price potential.




Bearish Case: Market volatility persists due to high implied volatility and concerns about sentiment shifts following declining earnings reports. Potential Fed rate hikes and geopolitical instability could lead to significant downturns in tech stocks.




Potential Outcomes:
  • Continued Nasdaq rally (45%): Strong economic indicators support tech stocks.
  • Market correction (40%): High borrowing costs and rising yields trigger sell-offs.
  • IPO activity boosts market (15%): New listings enhance investor sentiment.




Trading Oracle: Consider initiating a bullish debit spread by buying NDAQ $80 calls and selling $82.50 calls expiring in January 2025. This plays on expected upward movement before the IPO surge, balancing risk with high potential returns.



December 18, 2024


Nasdaq Forecast

NDAQ        Nasdaq











Correlated Assets

Assets that tend to move strongly with NDAQ



CINF Forecast + Options Trading Strategies   CINF  Cincinnati Financial (0.97)


IWD Forecast + Options Trading Strategies   IWD  iShares Russell 1000 Value (0.95)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.94)


UNM Forecast + Options Trading Strategies   UNM  Unum (0.94)


EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.94)



Uncorrelated Assets

Assets with little price relationship to NDAQ



BE Forecast + Options Trading Strategies   BE  Bloom Energy (-0.01)


FOSL Forecast + Options Trading Strategies   FOSL  Fossil (0.01)


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


DBX Forecast + Options Trading Strategies   DBX  Dropbox (-0.01)


IONQ Forecast + Options Trading Strategies   IONQ  IonQ (0.02)



Anticorrelated Assets

Assets that tend to move strongly against NDAQ



OCSL Forecast + Options Trading Strategies   OCSL  Oaktree Specialty Lending (-0.88)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.89)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.91)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.91)









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