Bullish Case: Historical resilience and steady growth, coupled with current HeliumTrades AI bullish sentiment, indicate potential for continued upward trajectory.


Bearish Case: Missed earnings expectations, negative price action over previous week, and recent overvaluation concerns may spell a pullback.


Potential Outcomes:

1) SSD advances on AI forecast, 40%.

2) Missed earnings prompt revaluation, 30%.

3) Implied volatility rises from unforeseen news, 20%.

4) Market stagnation as risks balance, 10%.


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April 09, 2024


Simpson Manufacturing Co. Forecast

SSD        Simpson Manufacturing Co.
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with SSD



RPM Forecast + Options Trading Strategies   [RPM]  RPM International (0.97)


GE Forecast + Options Trading Strategies   [GE]  General Electric (0.97)


APH Forecast + Options Trading Strategies   [APH]  Amphenol (0.97)


CE Forecast + Options Trading Strategies   [CE]  Series (0.96)


XHB Forecast + Options Trading Strategies   [XHB]  SPDR Homebuilders (0.96)



Uncorrelated Stock Forecasts

Assets with little price relationship to SSD



CFLT Forecast + Options Trading Strategies   [CFLT]  Confluent (-0.0)


ATAI Forecast + Options Trading Strategies   [ATAI]  ATAI Life Sciences (0.0)


AEM Forecast + Options Trading Strategies   [AEM]  Agnico Eagle Mines (0.0)


SABR Forecast + Options Trading Strategies   [SABR]  Sabre (0.0)


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



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SSD



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.92)


QID Forecast + Options Trading Strategies   [QID]  ProShares UltraShort QQQ (-0.94)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.94)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.95)


SPXU Forecast + Options Trading Strategies   [SPXU]  ProShares UltraPro Short S&P 500 (-0.95)





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