Bullish Case: Sustained institutional interest and steady uptrend in SPYV over years suggest ongoing confidence in its value-driven approach, despite recent flat periods suggesting undervaluation or consolidation for potential upward breakout.


Bearish Case: Decline in trading volume to lowest percentile coupled with flat recent price action indicates potential disinterest or overvaluation, risking a downward shift if market sentiment remains bearish or external shocks occur.


Potential Outcomes:

1. Continued flat market (60% chance) - low trading volume and recent stability suggest ongoing stagnation.

2. Modest uptrend if undervaluation is corrected (40% chance) - historical resilience may sway market perception.


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April 18, 2024


SPDR Portfolio S&P 500 Value Forecast

SPYV        SPDR Portfolio S&P 500 Value
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with SPYV



XLF Forecast + Options Trading Strategies   [XLF]  Financial Select Sector SPDR (0.99)


SSO Forecast + Options Trading Strategies   [SSO]  ProShares Ultra S&P500 (0.99)


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


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


VIG Forecast + Options Trading Strategies   [VIG]  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.99)



Uncorrelated Stock Forecasts

Assets with little price relationship to SPYV



OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (-0.0)


SILJ Forecast + Options Trading Strategies   [SILJ]  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.0)


MTCH Forecast + Options Trading Strategies   [MTCH]  Match (0.01)


UAL Forecast + Options Trading Strategies   [UAL]  United Airlines (-0.01)


RWT Forecast + Options Trading Strategies   [RWT]  Redwood (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SPYV



TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.95)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.96)


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


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


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.99)





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