Bullish Case: Recent earnings beat, increased institutional investments, and enhanced balance sheet with credit upgrades support a potential upside in PAA's stock price.


Bearish Case: High volatility in the short term, coupled with a history of negative returns over five years and recent stock sell-off by major institutions, indicate potential bearish sentiment.


Potential Outcomes:

1. Post-earnings momentum continues, driving up price (40%).

2. High short-term volatility leads to price correction (30%).

3. Institutional sell-offs cause extended price decline (30%).


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April 10, 2024


Plains All American Pipeline Forecast

PAA        Plains All American Pipeline
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with PAA



PAGP Forecast + Options Trading Strategies   [PAGP]  Plains GP (0.97)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (0.9)


DXJ Forecast + Options Trading Strategies   [DXJ]  WisdomTree Japan Hedged Equity (0.9)


CEG Forecast + Options Trading Strategies   [CEG]  Constellation Energy (0.9)


FRO Forecast + Options Trading Strategies   [FRO]  Frontline (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to PAA



RH Forecast + Options Trading Strategies   [RH]  RH - (0.0)


EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.0)


LMND Forecast + Options Trading Strategies   [LMND]  Lemonade (-0.0)


IYT Forecast + Options Trading Strategies   [IYT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (-0.01)


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



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PAA



SPWR Forecast + Options Trading Strategies   [SPWR]  Sunpower (-0.88)


BIIB Forecast + Options Trading Strategies   [BIIB]  Biogen (-0.88)


RVNC Forecast + Options Trading Strategies   [RVNC]  Revance Therapeutics (-0.89)


NUS Forecast + Options Trading Strategies   [NUS]  Nu Skin Enterprises (-0.89)


LEG Forecast + Options Trading Strategies   [LEG]  Leggett & Platt (-0.91)





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