WCN Forecast + Trading Strategies


Bullish Case: Positive earnings reports and strong historical price appreciation signal growth potential. Recent acquisitions could enhance market position, reinforcing investor confidence in WCN.


Bearish Case: Insider selling and flat recent price action suggest potential concerns over company valuation. Low market implied volatility may not support price growth amidst short-term market fluctuations.


Potential Outcomes:

1. Continued upward momentum (40%): driven by acquisition success.

2. Stabilization around current levels (30%): influenced by market conditions.

3. Short-term decline (20%): due to overall economic uncertainty.

4. Significant downturn (10%): from unforeseen sector-specific risks.


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July 26, 2024


Waste Connections Forecast

WCN      Waste Connections











Correlated Assets

Assets that tend to move strongly with WCN



ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.95)


XLV Forecast + Options Trading Strategies   XLV  Health Care Select Sector SPDR (0.94)


VHT Forecast + Options Trading Strategies   VHT  Vanguard Health Care (0.94)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.94)


SPHB Forecast + Options Trading Strategies   SPHB  Invesco Capital Management LLC - Invesco S&P 500 High Beta (0.94)



Uncorrelated Assets

Assets with little price relationship to WCN



RIOT Forecast + Options Trading Strategies   RIOT  Riot Blockchain (-0.0)


NVAX Forecast + Options Trading Strategies   NVAX  Novavax (-0.0)


ODP Forecast + Options Trading Strategies   ODP  ODP (0.0)


BEN Forecast + Options Trading Strategies   BEN  Franklin Resources (-0.01)


INDI Forecast + Options Trading Strategies   INDI  Indie Semiconductor (0.01)



Anticorrelated Assets

Assets that tend to move strongly against WCN



SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.91)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.91)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.93)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.94)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)





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