SHW Forecast + Trading Strategies


Bullish Case: SHW's recent stock performance remains strong, aided by fundamentals, strategic growth initiatives, and robust Q4 projections amid a recovering housing market, leading to higher pricing power and investor optimism.




Bearish Case: Ongoing housing market weakness, high valuations, and uncertainty from external factors could exert downward pressure on SHW's stock, worsened by significant shareholder sell-offs and operational disruptions that impact production.




Potential Outcomes:

1. Continued strong earnings growth boosting stock (55% chance)


2. Ongoing housing market decline impacting sales (30% chance)


3. Increased volatility from market uncertainties affecting performance (15% chance)




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November 19, 2024


Sherwin-Williams Forecast

SHW        Sherwin-Williams











Correlated Assets

Assets that tend to move strongly with SHW



ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.94)


NAIL Forecast + Options Trading Strategies   NAIL  Direxion Daily Homebuilders & Supplies Bull 3X Shares (0.93)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (0.89)


RVLV Forecast + Options Trading Strategies   RVLV  Revolve (0.87)


TRV Forecast + Options Trading Strategies   TRV  Travelers Companies (0.86)



Uncorrelated Assets

Assets with little price relationship to SHW



WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (-0.0)


MPC Forecast + Options Trading Strategies   MPC  Marathon Petroleum (-0.01)


DDOG Forecast + Options Trading Strategies   DDOG  Datadog (-0.01)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (0.02)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against SHW



NAT Forecast + Options Trading Strategies   NAT  Nordic American Tankers (-0.71)


INDI Forecast + Options Trading Strategies   INDI  Indie Semiconductor (-0.73)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.73)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.78)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.87)









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