QID Forecast + Trading Strategies


Bullish Case: In the wake of aggressive monetary easing, a rebound in tech stocks could drastically reduce QQQ losses, sharply benefiting QID given its inverse relationship. Current AI forecasts and substantial past short-term gains support this potential rally.


Bearish Case: Despite recent spikes, QID's dramatic historical losses over longer periods hint at structural decline. Tech resilience or fed policy shifts could drive QQQ gains, further punishing QID's leveraged inverse position, aligning with flat implied volatility signals.


Potential Outcomes:

1. S&P downgrade tech (30%): drives QQQ down, QID spike.

2. Fed tightens unexpectedly (20%): pressures tech, boosts QID.

3. Strong earnings tech (50%): QQQ gains, QID falls.


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April 19, 2024


ProShares UltraShort QQQ Forecast

QID        ProShares UltraShort QQQ
Price Forecast: BULLISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with QID



PSQ Forecast + Options Trading Strategies   PSQ  ProShares Short QQQ (1.0)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (0.75)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (0.72)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (0.72)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (0.71)



Uncorrelated Stock Forecasts

Assets with little price relationship to QID



CDLX Forecast + Options Trading Strategies   CDLX  Cardlytics (-0.0)


DE Forecast + Options Trading Strategies   DE  Deere (-0.0)


ATAI Forecast + Options Trading Strategies   ATAI  ATAI Life Sciences (0.0)


KR Forecast + Options Trading Strategies   KR  Kroger (0.0)


F Forecast + Options Trading Strategies   F  Ford Motor (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against QID



MSCI Forecast + Options Trading Strategies   MSCI  MSCI (-0.79)


RHI Forecast + Options Trading Strategies   RHI  Robert Half International (-0.8)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (-0.82)


CTSH Forecast + Options Trading Strategies   CTSH  Cognizant Technology (-0.82)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.83)





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