AI SCC Forecast


Bullish Case: A rebound in consumer spending could drive SCC higher, leveraging strong options volume and high implied volatility, suggesting significant pricing potential.


Bearish Case: Ongoing economic volatility may suppress SCC prices, supported by historical trends indicating a likelihood of negative returns and substantial volatility in options.


Potential Outcomes:

1. Continued mean reversion (60%);

2. Economic improvement boosts consumer services (20%);

3. Ongoing sector downturn (15%);

4. Major volatility event causes abrupt price movements (5%).


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August 14, 2024


ProShares UltraShort Consumer Services Forecast

SCC      ProShares UltraShort Consumer Services











Correlated Assets

Assets that tend to move strongly with SCC



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (0.87)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (0.87)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (0.86)


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


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (0.81)



Uncorrelated Assets

Assets with little price relationship to SCC



MXL Forecast + Options Trading Strategies   MXL  MaxLinear (-0.0)


XRX Forecast + Options Trading Strategies   XRX  Xerox (0.01)


HUN Forecast + Options Trading Strategies   HUN  Huntsman (0.01)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.01)


SVXY Forecast + Options Trading Strategies   SVXY  ProShares Short VIX Short-Term Futures (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SCC



ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (-0.89)


TQQQ Forecast + Options Trading Strategies   TQQQ  ProShares UltraPro QQQ (-0.89)


UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (-0.9)


BLOK Forecast + Options Trading Strategies   BLOK  Amplify Transformational Data Sharing (-0.91)


ARKW Forecast + Options Trading Strategies   ARKW  ARK Next Generation Internet (-0.92)





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