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Bullish Case: Strong long-term growth, recent strategic patents, and Helium AI's positive volatility forecast build a solid case for upside. Elevated bullish risk suggests robust market confidence.


Bearish Case: Recent weeks show a price dip with bearish short-term signals. G7 sanctions and softening diamond market intimate external pressures and potential corrections.


Potential Outcomes: 70% chance of a rebound harnessing long-term growth, bullish AI forecasts, and positive risk sentiment. 25% risk of further decline due to external market shocks. 5% possibility of stability with mean-reverting behavior.


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April 05, 2024


Idex Forecast

IEX        Idex
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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TRMB Forecast + Options Trading Strategies   TRMB  Trimble (0.92)


DOW Forecast + Options Trading Strategies   DOW  Dow (0.91)


LOW Forecast + Options Trading Strategies   LOW  Lowe's Cos. (0.9)


SEIC Forecast + Options Trading Strategies   SEIC  SEI Investments (0.87)


CMC Forecast + Options Trading Strategies   CMC  Commercial Metals (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to IEX



MTW Forecast + Options Trading Strategies   MTW  Manitowoc Co. (0.0)


JOBY Forecast + Options Trading Strategies   JOBY  Joby Aviation (-0.0)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.0)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (-0.0)


MXL Forecast + Options Trading Strategies   MXL  MaxLinear (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against IEX



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.72)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.72)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.79)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.8)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.8)





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