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Bullish Case: Biotech innovation and increasing interest in healthcare investments could drive XBI upwards, supported by historical performance indicating potential for gains despite recent flat price action.


Bearish Case: Market uncertainty and historically flat term structures suggest limited upside, alongside Helium AI's volatility forecast hinting at latent risks and the potential for downside price movement.


Potential Outcomes:

1. Market stable, slight gain, 40% - based on historical returns and term structure.

2. Market correction, 30% - due to low volume.

3. Innovation spike, 30% - sector advancements.


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April 03, 2024


SPDR Biotech Forecast

XBI        SPDR Biotech
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with XBI



CLDX Forecast + Options Trading Strategies   [CLDX]  Celldex Therapeutics (0.93)


PAGS Forecast + Options Trading Strategies   [PAGS]  PagSeguro Digital (0.92)


ITCI Forecast + Options Trading Strategies   [ITCI]  Intra-Cellular Therapies (0.92)


SLM Forecast + Options Trading Strategies   [SLM]  SLM (0.91)


CCEP Forecast + Options Trading Strategies   [CCEP]  Coca-Cola European (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to XBI



UGA Forecast + Options Trading Strategies   [UGA]  United States Commodity Funds (0.0)


NOK Forecast + Options Trading Strategies   [NOK]  Nokia (-0.0)


HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.0)


BA Forecast + Options Trading Strategies   [BA]  Boeing (-0.0)


GOOS Forecast + Options Trading Strategies   [GOOS]  Canada Goose Holdings Inc (Subord Vot Shs) (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against XBI



EQNR Forecast + Options Trading Strategies   [EQNR]  Equinor ASA - (-0.78)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.79)


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


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.8)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.81)





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