Bullish Case: NSIT shows a mean-reverting pattern with upwards trend, institutional investor interest [defenseworld.net], and Innovation (Barron’s sustainability list [bnnbreaking.com]) may add bullish sentiment.


Bearish Case: Q4 earnings miss [defenseworld.net], the sale by an insider [americanbankingnews.com], and mixed analyst ratings [defenseworld.net] pose downside risks amidst volatile markets.


Potential Outcomes: 65% Debit Spreads: Despite volatiltiy, execs flip scripts, driving short-term gains. 25% Credit Spreads: Q4 miss triggers consistent downtrend. 10% No Action: Market stagnates.


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March 21, 2024


Insight Enterprises Forecast

NSIT        Insight Enterprises
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with NSIT



CIBR Forecast + Options Trading Strategies   [CIBR]  First Trust Exchange-Traded Fund III - First Trust NASDAQ Cybersecurity (0.95)


SKYY Forecast + Options Trading Strategies   [SKYY]  First Trust Exchange-Traded Fund III - First Trust Cloud Computing (0.95)


IVW Forecast + Options Trading Strategies   [IVW]  BlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth (0.94)


MA Forecast + Options Trading Strategies   [MA]  Mastercard Incorporated (0.94)


IR Forecast + Options Trading Strategies   [IR]  Ingersoll-Rand (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to NSIT



CFLT Forecast + Options Trading Strategies   [CFLT]  Confluent (0.0)


PLNT Forecast + Options Trading Strategies   [PLNT]  Planet Fitness (-0.0)


SABR Forecast + Options Trading Strategies   [SABR]  Sabre (0.0)


OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (0.01)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NSIT



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.89)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.91)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.91)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)





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