Bullish Case: SPYG has shown strong growth over time, institutional confidence, with recent price increases suggesting momentum could continue.


Bearish Case: Current low implied volatility suggests complacency, which historically precedes corrections; SPYG may be due for a pullback.


Potential Outcomes:

1. Continued bullish trend (60%) based on historical growth pattern.

2. Near-term correction (40%) due to low implied volatility signaling potential market complacency.


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April 12, 2024


SPDR Portfolio S&P 500 Growth Forecast

SPYG        SPDR Portfolio S&P 500 Growth
Price Forecast: NEUTRAL    Price Action: TRENDING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with SPYG



QQQM Forecast + Options Trading Strategies   [QQQM]  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.99)


VTI Forecast + Options Trading Strategies   [VTI]  Vanguard Total Stock Market (0.99)


SPLG Forecast + Options Trading Strategies   [SPLG]  SPDR Series Trust - SPDR Portfolio S&P 500 (0.99)


SCHB Forecast + Options Trading Strategies   [SCHB]  Schwab Strategic Trust - Schwab U.S. Broad Market (0.99)


IVV Forecast + Options Trading Strategies   [IVV]  BTC iShares Core S&P 500 (0.99)



Uncorrelated Stock Forecasts

Assets with little price relationship to SPYG



BG Forecast + Options Trading Strategies   [BG]  Bunge (-0.0)


DTE Forecast + Options Trading Strategies   [DTE]  DTE Energy (-0.0)


KHC Forecast + Options Trading Strategies   [KHC]  Kraft Heinz (-0.0)


PCG Forecast + Options Trading Strategies   [PCG]  PG&E (-0.01)


NVS Forecast + Options Trading Strategies   [NVS]  Novartis (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SPYG



DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.95)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.95)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.95)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.98)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.99)





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