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Bullish Case: Strong contract backlog, institutional buying, dividend commitment, and an earnings beat suggest solid fundamentals and potential stock appreciation short term.


Bearish Case: Recent insider sales, mean reversion risk, and price near all-time highs imply profit-taking or stagnation could ensue, pressuring shares lower.


Potential Outcomes:

1) Upward movement on mean reversion bounce (40%).

2) Sideways on market equilibrium (30%).

3) Downward correction on profit-taking (30%).


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April 16, 2024


Huntington Ingalls Industries Forecast

HII        Huntington Ingalls Industries
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with HII



FAST Forecast + Options Trading Strategies   [FAST]  Fastenal (0.96)


MLM Forecast + Options Trading Strategies   [MLM]  Martin Marietta Materials (0.96)


RACE Forecast + Options Trading Strategies   [RACE]  Ferrari (0.96)


CRH Forecast + Options Trading Strategies   [CRH]  CRH Plc (0.95)


QUAL Forecast + Options Trading Strategies   [QUAL]  BlackRock Institutional Trust Company N.A. - iShares MSCI USA Quality Factor (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to HII



CERT Forecast + Options Trading Strategies   [CERT]  Certara (0.0)


PCG Forecast + Options Trading Strategies   [PCG]  PG&E (-0.0)


CCI Forecast + Options Trading Strategies   [CCI]  Crown Castle International (-0.0)


DLTR Forecast + Options Trading Strategies   [DLTR]  Dollar Tree (0.01)


KHC Forecast + Options Trading Strategies   [KHC]  Kraft Heinz (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against HII



VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.9)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.91)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.91)


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


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.96)





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