ROST Forecast + Trading Strategies


Bullish Case: ROST's consistent earnings, expansion plans, and positive consumer sentiment drive stock higher, despite market uncertainty.


Bearish Case: ROST's low implied volatility, flat term structure, and historical mean-reversion indicate limited upside, market disinterest.


Potential Outcomes: 60%: Stock rises on solid financials and expansion, 30%: Market stagnation due to flat IV, 10%: consumer spending pressures reduce growth.


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July 10, 2024


Ross Stores Forecast

ROST      Ross Stores











Correlated Assets

Assets that tend to move strongly with ROST



IBM Forecast + Options Trading Strategies   IBM  International Business Machines (0.92)


CDNS Forecast + Options Trading Strategies   CDNS  Cadence Design Systems (0.91)


WIX Forecast + Options Trading Strategies   WIX  Wix.com (0.91)


CRDO Forecast + Options Trading Strategies   CRDO  CRDO (0.91)


HACK Forecast + Options Trading Strategies   HACK  ETFMG Prime Cyber Security (0.91)



Uncorrelated Assets

Assets with little price relationship to ROST



LW Forecast + Options Trading Strategies   LW  Lamb Weston (0.0)


JBHT Forecast + Options Trading Strategies   JBHT  J.B. Hunt Transport Services (0.0)


DINO Forecast + Options Trading Strategies   DINO  HF Sinclair (0.01)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (0.01)


FSK Forecast + Options Trading Strategies   FSK  FS KKR (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against ROST



VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.85)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.85)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.85)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.86)


CORN Forecast + Options Trading Strategies   CORN  Teucrium Corn (-0.88)


ROST News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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