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Bullish Case: KRE's modest recovery over the past year and current flat trend hint at underlying stability, with a potential for upside from favorable sector-specific news.


Bearish Case: Recent underperformance and high volatility indicate potential market trepidation, with external economic pressures likely to weigh on KRE prices.


Potential Outcomes:

1. Stability, slight gains; ~65%.

2. Favorable news, moderate increase; ~20%.

3. Adverse developments, significant drop; ~15%.


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March 23, 2024


SPDR S&P Regional Banking Forecast

KRE        SPDR S&P Regional Banking
Price Forecast: BEARISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with KRE



IAT Forecast + Options Trading Strategies   [IAT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.97)


DPST Forecast + Options Trading Strategies   [DPST]  Direxion Daily Regional Banks Bull 3X Shares (0.94)


WAL Forecast + Options Trading Strategies   [WAL]  Western Alliance Bancorp (0.93)


ZION Forecast + Options Trading Strategies   [ZION]  Zions Bancorporation N.A (0.93)


BOH Forecast + Options Trading Strategies   [BOH]  Bank of Hawaii (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to KRE



EUO Forecast + Options Trading Strategies   [EUO]  ProShares UltraShort Euro (-0.01)


IPG Forecast + Options Trading Strategies   [IPG]  Interpublic Group Of Cos. (-0.01)


AEP Forecast + Options Trading Strategies   [AEP]  American Electric Power (0.01)


CTRA Forecast + Options Trading Strategies   [CTRA]  Coterra Energy (0.01)


CNP Forecast + Options Trading Strategies   [CNP]  Centerpoint Energy (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against KRE



DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.86)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.87)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.87)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.88)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.88)





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