Back

Bullish Case: XLF's recent price action is flat but shows a strong historical return, especially in longer holding periods, suggesting underlying strength. The bullish skew in risk across tenors and consistent growth over the past year (23.3%) reinforce a robust financial sector outlook.


Bearish Case: Helium AI predicts a slight decline in XLF's price with a historical correlation of 0.0, indicating unpredictability. Implied volatility from market options suggests increased near-term uncertainty, risking downward pressures.


Potential Outcomes:

1) Bullish continuation from sector momentum (60%).

2) Short-term price dip from near-term uncertainty and flat AI prediction (25%).

3) Sideways trading if market factors balance (15%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 23, 2024


Financial Select Sector SPDR Forecast

XLF        Financial Select Sector SPDR
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with XLF



IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.99)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.99)


FAS Forecast + Options Trading Strategies   FAS  Direxion Daily Financial Bull 3x Shares (0.99)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.99)


SPYG Forecast + Options Trading Strategies   SPYG  SPDR Portfolio S&P 500 Growth (0.98)



Uncorrelated Stock Forecasts

Assets with little price relationship to XLF



OPRA Forecast + Options Trading Strategies   OPRA  Opera (-0.0)


EQR Forecast + Options Trading Strategies   EQR  Equity Residential Properties (-0.0)


BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (-0.01)


QS Forecast + Options Trading Strategies   QS  QuantumScape (-0.01)


WYNN Forecast + Options Trading Strategies   WYNN  Wynn Resorts (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against XLF



VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.95)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.98)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.98)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.98)





Become a more profitable investor with AI optimized trading strategies






×

Chat with XLF


 Ask me any question!