TJX Forecast + Trading Strategies


Bullish Case: Strong customer traffic, robust sales growth, and low short-term volatility suggest potential upward trajectory. Reduced operational costs and fixed-cost leverage are favorable.


Bearish Case: High valuation ratios, insider selling, and overvaluation risks exist. Potential market correction and uncertain economic outlook could negatively impact the stock.


Potential Outcomes:

1) Continued sales growth bolsters price (60%).

2) Market correction impacts price negatively (30%).

3) Unexpected negative events cause decline (10%).


Trading Oracle: Trade near-term bullish credit spreads. Sell $115.0 strike call, buy $120.0 strike call expiring within 60 days. Capture upside with 67% profit probability (Helium). Favorable implied volatility ensures high reward:risk.


July 23, 2024


TJX Companies Forecast

TJX      TJX Companies











Correlated Assets

Assets that tend to move strongly with TJX



ANET Forecast + Options Trading Strategies   ANET  Arista Networks (0.94)


XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (0.93)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.93)


MGK Forecast + Options Trading Strategies   MGK  Vanguard Mega Cap Growth (0.93)


CAMT Forecast + Options Trading Strategies   CAMT  Camtek (0.93)



Uncorrelated Assets

Assets with little price relationship to TJX



PBF Forecast + Options Trading Strategies   PBF  PBF Energy (0.0)


KSS Forecast + Options Trading Strategies   KSS  Kohl's (-0.0)


EDV Forecast + Options Trading Strategies   EDV  Vanguard Group, Inc. - Vanguard Extended Duration Treasury (0.0)


PATH Forecast + Options Trading Strategies   PATH  UiPath (0.0)


GPC Forecast + Options Trading Strategies   GPC  Genuine Parts (0.0)



Anticorrelated Assets

Assets that tend to move strongly against TJX



MED Forecast + Options Trading Strategies   MED  Medifast (-0.88)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.88)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.9)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.93)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.94)


TJX 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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