Bullish Case: TD's mean-reverting price action and the recent purchase of diverse equity ETFs indicate a potential for positive re-rating and upward movement.


Bearish Case: TD's implied volatility is high in the near term with backwardation in the term structure, suggesting near-term uncertainty and risk of a price decline.


Potential Outcomes: 70% chance of price stabilization and modest growth in the short term based on recent mean-reverting nature. 30% chance of continued near-term volatility potentially leading to a short-term price drop.


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April 02, 2024


Toronto Dominion Forecast

TD        Toronto Dominion
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with TD



BERY Forecast + Options Trading Strategies   BERY  Berry (0.71)


REM Forecast + Options Trading Strategies   REM  iShares Mortgage Real Est (0.7)


PCG Forecast + Options Trading Strategies   PCG  PG&E (0.7)


MAN Forecast + Options Trading Strategies   MAN  ManpowerGroup (0.69)


LGIH Forecast + Options Trading Strategies   LGIH  LGI Homes (0.69)



Uncorrelated Stock Forecasts

Assets with little price relationship to TD



BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (-0.0)


CL Forecast + Options Trading Strategies   CL  Colgate-Palmolive (-0.0)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.0)


WNC Forecast + Options Trading Strategies   WNC  Wabash National (0.0)


SMMT Forecast + Options Trading Strategies   SMMT  Summit Therapeutics (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TD



VERX Forecast + Options Trading Strategies   VERX  Vertex (-0.34)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.4)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.4)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.45)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.69)





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