Back

Bullish Case: XLV's stable recent performance, increased demand potential in healthcare, and Helium's positive implied volatility forecast suggest an uptrend.


Bearish Case: Moderate historical returns, flat term structure, and subdued option trading volume may signal limited upside and a cautious approach.


Potential Outcomes:

1) Slight uptrend following current stability (60%),

2) Market reacts to unseen event causing increased volatility (20%),

3) Continuation of flat performance (20%).


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


March 29, 2024


Health Care Select Sector SPDR Forecast

XLV        Health Care Select Sector SPDR
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with XLV



LAZ Forecast + Options Trading Strategies   [LAZ]  Lazard (0.91)


WCN Forecast + Options Trading Strategies   [WCN]  Waste Connections (0.91)


POST Forecast + Options Trading Strategies   [POST]  Post (0.9)


RSP Forecast + Options Trading Strategies   [RSP]  Invesco S&P 500 Equal Weight (0.89)


VTRS Forecast + Options Trading Strategies   [VTRS]  Viatris (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to XLV



CHGG Forecast + Options Trading Strategies   [CHGG]  Chegg (-0.0)


OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (-0.0)


ABR Forecast + Options Trading Strategies   [ABR]  Arbor Realty (-0.0)


GT Forecast + Options Trading Strategies   [GT]  Goodyear Tire & Rubber (-0.0)


PRFT Forecast + Options Trading Strategies   [PRFT]  Perficient (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against XLV



SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.82)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.85)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.85)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.86)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.86)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!