Bullish Case: With a history of resilient growth and short-term uncertainty potentially overpriced, prospects of rate cuts could fuel a rebound.


Bearish Case: Recent overbought conditions, high trading volumes, and geopolitical tensions could tilt the market towards a corrective phase.


Potential Outcomes: 70% chance of modest uptrend on Fed cuts speculation, 20% risk of correction from overbought state, 10% wildcard geopolitical impact.


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April 13, 2024


 SPDR S&P 500 Forecast

SPY         SPDR S&P 500
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SPY



VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (1.0)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (1.0)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (1.0)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (1.0)


UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (0.99)



Uncorrelated Stock Forecasts

Assets with little price relationship to SPY



U Forecast + Options Trading Strategies   U  Unity Software (-0.0)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.0)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (0.0)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (-0.0)


ONEW Forecast + Options Trading Strategies   ONEW  Onewater Marine (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SPY



DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.97)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.97)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.98)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.98)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-1.0)


SPY 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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