VEA over past 60 days: cumulative return +6.1%, annualized vol 17.2%. Market regime: sideways.

Question:
Asset: VEA
Historical prices (past 60 trading days): start=25.04, end=26.56, cumulative_return=+6.1%, annualized_volatility=17.2%
Macro context: {'fed_funds_rate': 0.37, 'cpi_yoy': 239.557, 'unemployment': 4.8, 'gdp_growth_qoq': 19062.709, 't10y2y_spread': 1.05, 't10y3m_spread': 1.6, 'breakeven_10y': 1.61, 'hy_oas': 6.48, 'ig_oas': 1.56, 'ted_spread': 0.44, 'mortgage_30y': 3.61, 'vix': 14.720000267028809}
Market regime: sideways
Recent filing/news:
[Kaggle 2016-05-06] FEYE Stock: FireEye Inc Tumbles, But It’s Not Beat InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips Heading into the first-quarter earnings report for FireEye Inc ( FEYE ), Wall Street analysts weren't short on worries … and it looks like that anxiety was warranted. Source: David via Flickr (Modified) FireEye is cratering this morning, off 14% after a pretty lousy report and a change in the C-suite. The biggest news of the day is that CEO David DeWalt is out - and stepping in will be company President Kevin Mandia, who founded Mandiant , which FireEye paid $1 billion to acquire back in 2014. Mandia will take the reins on June 15, and DeWalt will slip back to jsut being executive chairman. But the change in leadership isn't coming because all is hunky-dory. The financials from FireEye's Q1 report were far from encouraging. 7 Blue Chips That Are Getting Ugly in a Hurry An adjusted loss of 47 cents per share came in 3 cents ahead of expectations, and billings - a vital stat in the software space - came in at $186 million to easily best estimates for $176.2 million. But revenues were weak, at $168 million versus expectations of $171.7 million, and guidance didn't please anyone. FEYE expects Q2 sales to come in between $178 million to $185 million, with the entire range falling below analysts' estimate of $192.75 million. Those numbers also represent a deceleration in the growth path for FireEye. Yes, revenues were up 34% year-over-year … but that's far less than the 69% growth it saw in Q1 2015. Similarly, billings growth declined from 53% to 23%. A Bright Side to FEYE Stock? But that said, FEYE is a company in transition. It has been struggling to revamp its product line for the cloud, as well as to offer subscriptions to customers. And those are the right moves - they simply take time to pull off. Just ask Adobe Systems Incorporated ( ADBE ). Plus, FireEye is making some bold plays to make the transition successful, including acquiring firms such as iSight Partners and Invotas . What's more, Mandia may be the right person to lead the charge. I recently talked to Paul Kraus, founder and CEO of Eastwind Networks , who said: "The board seems to believe he is a proven leader who can execute against FireEye's broader vision of monetizing its branded version of security-as-a service - FireEye-as-a-service or FaaS. "Can Mandia propel FireEye to achieve its top-line revenue projections for FaaS? That will likely unfold over the coming quarters and remains to be seen. Cybersecurity is a hyper-crowded and rapidly evolving sector, and Mandia will have a clear charter to continue to focus on services, grab market share, and eventually turn a profit." Of course, that's an uphill climb, considering FireEye will be trying to grab that market share against companies like Palo Alto Networks Inc ( PANW ) and Cyberark Software Ltd ( CYBR ), as well as mega-tech firms like Cisco Systems, Inc. ( CSCO ) and International Business Machines Corp

Predict whether the return of VEA over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for VEA starting 2016-05-09 was +4.57%, which classifies as 'positive'.


ICSH over past 60 days: cumulative return +0.3%, annualized vol 0.6%. Market regime: sideways.

Question:
Asset: ICSH
Historical prices (past 60 trading days): start=39.44, end=39.57, cumulative_return=+0.3%, annualized_volatility=0.6%
Macro context: {'fed_funds_rate': 1.42, 'cpi_yoy': 248.859, 'unemployment': 4.0, 'gdp_growth_qoq': 20044.077, 't10y2y_spread': 0.6, 't10y3m_spread': 1.29, 'breakeven_10y': 2.1, 'hy_oas': 3.33, 'ig_oas': 0.91, 'ted_spread': 0.35, 'mortgage_30y': 4.15, 'vix': 14.789999961853027}
Market regime: sideways

Predict whether the return of ICSH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for ICSH starting 2018-01-31 was +0.06%, which classifies as 'flat'.


XLRE over past 60 days: cumulative return +6.6%, annualized vol 12.5%. Market regime: sideways.

Question:
Asset: XLRE
Historical prices (past 60 trading days): start=29.58, end=31.52, cumulative_return=+6.6%, annualized_volatility=12.5%
Macro context: {'fed_funds_rate': 1.9, 'cpi_yoy': 257.155, 'unemployment': 3.6, 'gdp_growth_qoq': 20985.448, 't10y2y_spread': 0.17, 't10y3m_spread': 0.09, 'breakeven_10y': 1.57, 'hy_oas': 4.01, 'ig_oas': 1.2, 'ted_spread': 0.37, 'mortgage_30y': 3.57, 'vix': 13.68000030517578}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-10-16] ["Citigroup Downgrades Adobe to Neutral", "Adobe shares are trading lower after Citigroup downgraded the company's stock from Buy to Neutral.", "23 Stocks Moving in Wednesday's Pre-Market Session", "9 Technology Stocks Moving In Wednesday's Pre-Market Session", "Citi Steps To Sidelines On Adobe", "44 Stocks Moving In Wednesday's Mid-Day Session", "Benzinga's Top Upgrades, Downgrades For October 16, 2019", "PreMarket Prep Recap: Stormy Outlook For Cloud Stocks, Opioid Makers Rally On Settlement Talks", "PreMarket Prep Recap: Stormy Outlook For Cloud Stocks, Opioid Makers Rally On Settlement Talks", "Benzinga's Top Upgrades, Downgrades For October 16, 2019", "44 Stocks Moving In Wednesday's Mid-Day Session", "Citi Steps To Sidelines On Adobe", "9 Technology Stocks Moving In Wednesday's Pre-Market Session", "23 Stocks Moving in Wednesday's Pre-Market Session", "Adobe shares are trading lower after Citigroup downgraded the company's stock from Buy to Neutral.", "Citigroup Downgrades Adobe to Neutral", "5 Top Stock Trades for Thursday: ADBE, NFLX, ABT The indices did not move too much on Wednesday, but a handful of tech stocks were hit hard on the day. Let\u2019s look at a few of the top stock trades going into the latter half of the week. Top Stock Trades for Tomorrow No. 1: Adobe (ADBE) Adobe Systems (NASDAQ:) came under pressure Wednesday following a downgrade from Citi analysts. Shares have been trying to break out over downtrend resistance (blue line) and were actually succeeding before Wednesday. However, the tepid bullish action was not enough to withstand today\u2019s selling. Nor were the 20-day and 200-day moving averages, as ADBE stock gapped below both metrics. However, it\u2019s finding some reprieve from the 38.2% retracement. Now investors want to know, can ADBE reclaim the 200-day and downtrend resistance or are lower prices in store? If it\u2019s the latter, look for a decline down into the $258 to $260 area. There it will find a notable level of support as well as the 50% retracement. If that fails to hold, ADBE stock may be in trouble. On the upside, the charts are pretty cluttered until Adobe can clear the 50-day moving average. Top Stock Trades for Tomorrow No. 2: Netflix (NFLX) Netflix (NASDAQ:) is very much a mixed picture ahead of the company\u2019s earnings report on Wednesday after the close. On the plus side, shares have broken out over downtrend resistance (blue line) and are maintaining above the 20-day moving average. On the downside, they are stuck below the 50-day moving average and the 38.2% retracement. So what now? Should shares decline, look to see if the 23.6% retracement at $267.75 can support the name. If not, $260 could be on deck, with the September low of $252.28 below that. Below the September low and the December low is possible. On the upside, see that NFLX reclaims and holds the 50-day moving average and 38.2% retracement. Above that opens the door to the 50% and 61.8% retracements at $308.61 and $326.81,

Predict whether the return of XLRE over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for XLRE starting 2019-10-17 was -2.48%, which classifies as 'negative'.


VTI over past 60 days: cumulative return +10.7%, annualized vol 6.7%. Market regime: sideways.

Question:
Asset: VTI
Historical prices (past 60 trading days): start=115.81, end=128.21, cumulative_return=+10.7%, annualized_volatility=6.7%
Macro context: {'fed_funds_rate': 1.42, 'cpi_yoy': 248.859, 'unemployment': 4.0, 'gdp_growth_qoq': 20044.077, 't10y2y_spread': 0.59, 't10y3m_spread': 1.26, 'breakeven_10y': 2.09, 'hy_oas': 3.26, 'ig_oas': 0.92, 'ted_spread': 0.34, 'mortgage_30y': 4.15, 'vix': 13.84000015258789}
Market regime: sideways
Recent filing/news:
[Kaggle 2018-01-29] ["Alibaba, Foxconn lead big investment in Chinese electric-car maker Tech companies branch out into burgeoning industry Chinese e-commerce giant Alibaba Group Holding Ltd. and Foxconn Technology Group have co-led a 2.2 billion yuan ($348 million) funding round into Chinese electric-vehicle manufacturer Xiaopeng Motors, marking Alibaba\u2019s first big investment in a car maker", "Immersion enters settlement and license deal with Apple", "Immersion settles with Apple, reaches license agreements Immersion Corp. said Monday it has entered into settlement and license deals with Apple Inc. . Immersion, which develops touch feedback technology, had filed patent infringement lawsuits against Apple for technology used in iPhones and the trackpads used in MacBooks. Immersion said the terms of the agreements reached with Apple are confidential. The stock, which was still inactive in premarket trade, has tumbled 30% over the past 12 months, while the S&P 500 has gained 25%.", "Apple stock drops after report of iPhone X production cut Apple Inc. shares are down 0.5% in premarket trading Monday after a report in the Nikkei Asia Review said that the company planned to trim its iPhone X production target to 20 million for the March quarter, half of what it expected a few months ago. The Nikkei Asian Review attributes the production cut to lower-than-anticipated sales of the device. The phone's price tag of at least $999 could be a key reason for the demand issues, the publication said. Wall Street analysts have also been weighing in on the prospect of significantly weaker-than-expected iPhone X sales, with analysts at JP Morgan predicting last week that Apple would cut its build orders for the device by 50% in the March quarter, causing them to take a more cautious stance on a number of Apple suppliers. Apple shares are up 41% over the past 12 months, while the Dow Jones Industrial Average is up 30%.", "Robinhood\u2019s crypto biz has drawn nearly 1 million in user interest: Watch out Coinbase! Coinbase is the No. 1\u2013ranked U.S. crypto exchange platform over the past six months. Can Robinhood give it a run for its money in bitcoin, Ethereum trading? New-age brokerage platform Robinhood is jumping in on the cryptocurrency craze, declaring that it will allow trading in bitcoin and Ethereum\u2019s currency starting in February, with more virtual currencies expected to be added soon.", "This \u2018parabolic\u2019 move for stocks has some investors nervous, but should it? Critical information for the U.S. trading day Is this bull market finally starting to feel a bit top-heavy? According to official MarketWatch records, this marks the 698th time that very question has been asked in this space since Trump took office.", "\u2018Get Out\u2019 is headed back to theaters after its 4 Oscar nominations \u2018Get Out\u2019 grossed $254.7 million at box offices worldwide on just a $4.5 million production budget It has been almost a year since \u201cGet Out\u201d opened i

Predict whether the return of VTI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for VTI starting 2018-01-30 was -4.87%, which classifies as 'negative'.


ICSH over past 60 days: cumulative return +0.2%, annualized vol 1.5%. Market regime: sideways.

Question:
Asset: ICSH
Historical prices (past 60 trading days): start=38.90, end=38.97, cumulative_return=+0.2%, annualized_volatility=1.5%
Macro context: {'fed_funds_rate': 0.66, 'cpi_yoy': 244.006, 'unemployment': 4.6, 'gdp_growth_qoq': 19398.343, 't10y2y_spread': 1.2, 't10y3m_spread': 1.87, 'breakeven_10y': 2.03, 'hy_oas': 3.77, 'ig_oas': 1.23, 'ted_spread': 0.54, 'mortgage_30y': 4.16, 'vix': 11.710000038146973}
Market regime: sideways

Predict whether the return of ICSH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for ICSH starting 2017-02-24 was +0.04%, which classifies as 'flat'.


LINK-USD over past 60 days: cumulative return +72.7%, annualized vol 78.5%. Market regime: sideways.

Question:
Asset: LINK-USD
Historical prices (past 60 trading days): start=2.27, end=3.92, cumulative_return=+72.7%, annualized_volatility=78.5%
Macro context: {'fed_funds_rate': 0.05, 'cpi_yoy': 255.802, 'unemployment': 13.2, 'gdp_growth_qoq': 19077.992, 't10y2y_spread': 0.53, 't10y3m_spread': 0.57, 'breakeven_10y': 1.15, 'hy_oas': 7.35, 'ig_oas': 2.06, 'ted_spread': 0.24, 'mortgage_30y': 3.28, 'vix': 30.530000686645508}
Market regime: sideways

Predict whether the return of LINK-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for LINK-USD starting 2020-05-20 was +8.58%, which classifies as 'positive'.


VEA over past 60 days: cumulative return +16.5%, annualized vol 19.7%. Market regime: sideways.

Question:
Asset: VEA
Historical prices (past 60 trading days): start=29.52, end=34.39, cumulative_return=+16.5%, annualized_volatility=19.7%
Macro context: {'fed_funds_rate': 0.1, 'cpi_yoy': 259.316, 'unemployment': 8.4, 'gdp_growth_qoq': 20558.879, 't10y2y_spread': 0.44, 't10y3m_spread': 0.45, 'breakeven_10y': 1.61, 'hy_oas': 5.04, 'ig_oas': 1.37, 'ted_spread': 0.14, 'mortgage_30y': 2.99, 'vix': 22.989999771118164}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-08-05] Why MongoDB Stock Is Cheaper Than It Looks MongoDB, Inc. (NASDAQ: MDB) stock has climbed over 65% since the beginning of the year, trouncing the S&P 500's single-digit gains, and has attracted the attention of tech investors. MDB data by YCharts Along with the stock gains, the price-to-sales ratio has run up over 40%, causing some to flinch at its lofty valuation. But this cloud database specialist is worth the price. Let's take a deeper look at its business, the growth plans, and its valuation to see why this stock could be cheaper than it looks. The business of a cloud database MongoDB was founded in 2007 to create a database that could address the shortcomings of legacy relational databases in powering high-performance cloud-based applications. Since then, it has become a developer favorite, consistently ranked as the top non-relational database according to DB-Engines. This popularity has helped it reach $462 million in trailing 12-month revenues and serve more than 18,000 customers in 100 countries. Image source: Getty Images. Over the last three years, the company has had explosive growth, increasing its top line by a 61% compound annual growth rate from fiscal 2017 to its most recent fiscal year ending Jan. 31, 2020. This impressive trend continued into last quarter's 46% year-over-year top-line gain, but the company isn't profitable, as it's pouring its profits into growth efforts. A $977 million pile of cash and marketable securities provide the company with plenty of flexibility to operate this way for years. The company has two core products: MongoDB Enterprise Advanced (EA), its on-premise solution, and Atlas, its cloud-based offering. Atlas only made up 42% of its revenue last quarter, but it's growing faster at 75% year over year and is an important element in driving overall growth. Atlas is key to growth Atlas was released in 2016 as a way for software developers to experience the benefits of its product more easily. As a cloud-based subscription platform, developers just need a sign-on and a credit card to get started. This simple on-ramp allows information technology teams to experiment with the platform in non-mission-critical applications before committing to the technology to take over larger portions of the enterprise. This approach has been highly successful. Atlas customers have almost tripled from 5,700 in January 2018 to 16,800 in its most recent quarter ending April 30, 2020. What's even more exciting is that as a cloud product, the company can keep tabs on what developers are doing. This enables the company to better understand how the product is used, make improvements, and call on customers who've increased usage to discuss upselling opportunities. Although Atlas customers only average around $6,000 to $7,000 in revenue per year, it can be a path to its EA product that typically exceeds $100,000 annually. In its most recent quarter, MongoDB reported 780 customers spending more than $100,000 annually, up from 598 a ye

Predict whether the return of VEA over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for VEA starting 2020-08-06 was +1.05%, which classifies as 'positive'.


MTUM over past 60 days: cumulative return +5.2%, annualized vol 10.6%. Market regime: sideways.

Question:
Asset: MTUM
Historical prices (past 60 trading days): start=101.42, end=106.70, cumulative_return=+5.2%, annualized_volatility=10.6%
Macro context: {'fed_funds_rate': 2.38, 'cpi_yoy': 255.213, 'unemployment': 3.6, 'gdp_growth_qoq': 20602.275, 't10y2y_spread': 0.29, 't10y3m_spread': -0.23, 'breakeven_10y': 1.75, 'hy_oas': 4.48, 'ig_oas': 1.34, 'ted_spread': 0.17, 'mortgage_30y': 3.99, 'vix': 16.09000015258789}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-06-05] ["Can Red-Hot AMD Stock Finally Take Out the $30 Level? Advanced Micro Devices (NASDAQ:) stock has held its own in choppy waters over the past month, outperforming both the stock market and other semiconductor names by a wide margin. Since the start of May, the S&P 500 has dropped more than 5%, and the iShares PHLX Semiconductor ETF (NASDAQ:) is off more than 15%. Source: Shutterstock Over that same stretch, AMD stock has actually risen more than 5%. Why did AMD stock outperform by such a wide margin during the May market rout? A few fundamental catalysts emerged in May, which showed that AMD\u2019s non-cyclical market share expansion outlook remains intact. Investors continued to rally behind that outlook, ignoring trade-war worries, causing AMD stock to drift higher. Will this upturn of AMD stock continue? In the long-run, yes. AMD\u2019s market-share expansion will persist for the foreseeable future, and as long as it does, AMD stock can remain well-positioned to reach $50 over the next few years. But in the short-run, the rally in AMD stock will likely be short-circuited yet again around the $30 level. That $30 level is a critical area which the stock hasn\u2019t consistently ever held. Long-term growth fundamentals imply that a move over $30 by Advanced Micro Devices stock won\u2019t be justified until the end of the year. As a result, while AMD stock will eventually take out the critical $30 level, it won\u2019t do so anytime soon. AMD\u2019s Growth Outlook Remains Healthy The long-term growth outlook of AMD has been, still is, and will remain for the foreseeable future healthy enough to move Advanced Micro Devices stock higher in a multi-year window. In a nutshell, AMD is the David of both the computer processing unit (CPU) and graphics processing unit (GPU) worlds. This David is fighting two Goliaths. In the CPU world, the Goliath is Intel (NASDAQ:), which has dominated the PC market for many years, and is now paralleling that dominance in the data center market. Meanwhile, in the GPU world, the Goliath is Nvidia (NASDAQ:), the graphics chip giant that has dominated the gaming market and is now dominating the artificial intelligence (AI) market. But David is finally putting up a fight against and winning share from Goliath, on both the CPU and GPU fronts, due to its faster innovation, promising product lineup, and expansion into new markets. As a result, AMD has generated healthy revenue growth, margin expansion, and profit growth over the past several years, pushing AMD stock considerably higher. In May, investors got confirmation that AMD\u2019s market-share expansion remains as vigorous as ever. The company reported strong first-quarter numbers (on the heels of bad first quarter numbers from Intel), announced an impressive 7nm product road map which analysts said lays the groundwork for further market-share expansion, and won a graphics licensing deal with Samsung. Overall, AMD continues to win share from both Intel and Nvidia. Ultimat

Predict whether the return of MTUM over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for MTUM starting 2019-06-06 was +4.71%, which classifies as 'positive'.


ICSH over past 60 days: cumulative return +0.1%, annualized vol 2.1%. Market regime: sideways.

Question:
Asset: ICSH
Historical prices (past 60 trading days): start=38.88, end=38.91, cumulative_return=+0.1%, annualized_volatility=2.1%
Macro context: {'fed_funds_rate': 0.66, 'cpi_yoy': 243.618, 'unemployment': 4.7, 'gdp_growth_qoq': 19398.343, 't10y2y_spread': 1.19, 't10y3m_spread': 1.86, 'breakeven_10y': 1.95, 'hy_oas': 4.0, 'ig_oas': 1.29, 'ted_spread': 0.51, 'mortgage_30y': 4.2, 'vix': 11.489999771118164}
Market regime: sideways

Predict whether the return of ICSH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for ICSH starting 2017-01-11 was +0.13%, which classifies as 'flat'.


HYG over past 60 days: cumulative return +0.4%, annualized vol 3.6%. Market regime: sideways.

Question:
Asset: HYG
Historical prices (past 60 trading days): start=56.25, end=56.46, cumulative_return=+0.4%, annualized_volatility=3.6%
Macro context: {'fed_funds_rate': 1.42, 'cpi_yoy': 248.859, 'unemployment': 4.0, 'gdp_growth_qoq': 20044.077, 't10y2y_spread': 0.57, 't10y3m_spread': 1.17, 'breakeven_10y': 2.05, 'hy_oas': 3.35, 'ig_oas': 0.94, 'ted_spread': 0.31, 'mortgage_30y': 4.04, 'vix': 12.220000267028809}
Market regime: sideways

Predict whether the return of HYG over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for HYG starting 2018-01-19 was -0.83%, which classifies as 'flat'.


XRP-USD over past 60 days: cumulative return -57.3%, annualized vol 125.8%. Market regime: sideways.

Question:
Asset: XRP-USD
Historical prices (past 60 trading days): start=1.45, end=0.62, cumulative_return=-57.3%, annualized_volatility=125.8%
Macro context: {'fed_funds_rate': 0.1, 'cpi_yoy': 271.903, 'unemployment': 5.4, 'gdp_growth_qoq': 21617.828, 't10y2y_spread': 1.14, 't10y3m_spread': 1.31, 'breakeven_10y': 2.34, 'hy_oas': 3.1, 'ig_oas': 0.89, 'ted_spread': 0.07, 'mortgage_30y': 2.9, 'vix': 16.329999923706055}
Market regime: sideways

Predict whether the return of XRP-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for XRP-USD starting 2021-07-15 was +22.82%, which classifies as 'positive'.


^VIX over past 60 days: cumulative return +42.0%, annualized vol 122.4%. Market regime: sideways.

Question:
Asset: ^VIX
Historical prices (past 60 trading days): start=12.41, end=17.62, cumulative_return=+42.0%, annualized_volatility=122.4%
Macro context: {'fed_funds_rate': 2.18, 'cpi_yoy': 252.772, 'unemployment': 3.8, 'gdp_growth_qoq': 20304.874, 't10y2y_spread': 0.29, 't10y3m_spread': 0.86, 'breakeven_10y': 2.13, 'hy_oas': 3.45, 'ig_oas': 1.16, 'ted_spread': 0.18, 'mortgage_30y': 4.9, 'vix': 17.6200008392334}
Market regime: sideways
Recent filing/news:
[Kaggle 2018-10-16] ["12 Stocks To Watch For October 16, 2018", "Barclays Maintains Overweight on Adobe, Raises Price Target to $304", "Adobe shares are trading higher after the company reaffirmed Q4 guidance and said it expects revenue to increase 20% in 2019.", "26 Stocks Moving In Tuesday's Pre-Market Session", "10 Biggest Price Target Changes For Tuesday", "40 Stocks Moving In Tuesday's Mid-Day Session", "40 Stocks Moving In Tuesday's Mid-Day Session", "10 Biggest Price Target Changes For Tuesday", "26 Stocks Moving In Tuesday's Pre-Market Session", "Adobe shares are trading higher after the company reaffirmed Q4 guidance and said it expects revenue to increase 20% in 2019.", "Barclays Maintains Overweight on Adobe, Raises Price Target to $304", "12 Stocks To Watch For October 16, 2018", "S&P 500 Movers: GWW, ADBE In early trading on Tuesday, shares of Adobe ( ADBE ) topped the list of the day's best performing components of the S&P 500 index, trading up 7.3%. Year to date, Adobe registers a 45.7% gain. And the worst performing S&P 500 component thus far on the day is W.W. Grainger ( GWW ), trading down 12.8%. W.W. Grainger is showing a gain of 17.3% looking at the year to date performance. Two other components making moves today are Blackrock ( BLK ), trading down 4.5%, and Progressive ( PGR ), trading up 5.0% on the day. VIDEO: S&P 500 Movers: GWW, ADBE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "Adobe Stock Is Floating in the Sunny Skies of the Cloud InvestorPlace - Stock Market News, Stock Advice & Trading Tips The chief benefits of open source go to the users. The cloud is a product of open source. I've been writing those two sentences, repeatedly, for over a decade now, and they're as true today as they ever were. Companies that fully embraced the economics of cloud have ridden it to glory. Few have done so as spectacularly as Adobe Systems (NASDAQ: ADBE ). By the standards of Silicon Valley it's old money, founded in 1982, its squat skyscraper a few blocks from the San Jose convention center. John Warnock and Charles Geschke founded Adobe around PC tools like PostScript and Photoshop. Shantanu Narayen re-invented the company by embracing the cloud and subscription as a service. Over the last five years the stock is up 342%, even with the recent tech wreck taking 13% out of the price. Clear Sailing Adobe said Oct. 15 it expects top-line growth of 20% next year, to $10.8 billion, well above previous analyst estimates , and the stock rose almost 6% in response . 10 Small-Caps With Straight-A Potential Both the recent fall and this rise are unsurprising. Even at its October 15 close of $238, Adobe was selling at an eye-popping 49 times earnings. The October 16 gains will send that even higher. But when you've got Amazon.Com (NASDAQ: AMZ

Predict whether the return of ^VIX over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for ^VIX starting 2018-10-17 was +14.83%, which classifies as 'positive'.


VNQI over past 60 days: cumulative return -8.0%, annualized vol 12.6%. Market regime: sideways.

Question:
Asset: VNQI
Historical prices (past 60 trading days): start=42.11, end=38.76, cumulative_return=-8.0%, annualized_volatility=12.6%
Macro context: {'fed_funds_rate': 2.18, 'cpi_yoy': 252.772, 'unemployment': 3.8, 'gdp_growth_qoq': 20304.874, 't10y2y_spread': 0.34, 't10y3m_spread': 0.95, 'breakeven_10y': 2.16, 'hy_oas': 3.51, 'ig_oas': 1.13, 'ted_spread': 0.2, 'mortgage_30y': 4.71, 'vix': 22.959999084472656}
Market regime: sideways

Predict whether the return of VNQI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for VNQI starting 2018-10-11 was +2.62%, which classifies as 'positive'.


DOT-USD over past 60 days: cumulative return +23.8%, annualized vol 67.1%. Market regime: sideways.

Question:
Asset: DOT-USD
Historical prices (past 60 trading days): start=18.13, end=22.45, cumulative_return=+23.8%, annualized_volatility=67.1%
Macro context: {'fed_funds_rate': 0.33, 'cpi_yoy': 287.674, 'unemployment': 3.7, 'gdp_growth_qoq': 21932.71, 't10y2y_spread': 0.18, 't10y3m_spread': 1.93, 'breakeven_10y': 2.86, 'hy_oas': 3.51, 'ig_oas': 1.29, 'ted_spread': 0.09, 'mortgage_30y': 4.42, 'vix': 20.809999465942383}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-03-27]

Predict whether the return of DOT-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for DOT-USD starting 2022-03-28 was -17.30%, which classifies as 'negative'.


ICSH over past 60 days: cumulative return +0.1%, annualized vol 0.3%. Market regime: sideways.

Question:
Asset: ICSH
Historical prices (past 60 trading days): start=42.38, end=42.41, cumulative_return=+0.1%, annualized_volatility=0.3%
Macro context: {'fed_funds_rate': 0.06, 'cpi_yoy': 270.654, 'unemployment': 5.9, 'gdp_growth_qoq': 21440.929, 't10y2y_spread': 1.46, 't10y3m_spread': 1.57, 'breakeven_10y': 2.44, 'hy_oas': 3.31, 'ig_oas': 0.9, 'ted_spread': 0.11, 'mortgage_30y': 2.95, 'vix': 17.479999542236328}
Market regime: sideways

Predict whether the return of ICSH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for ICSH starting 2021-06-03 was -0.02%, which classifies as 'flat'.


ICSH over past 60 days: cumulative return +0.0%, annualized vol 1.0%. Market regime: sideways.

Question:
Asset: ICSH
Historical prices (past 60 trading days): start=38.58, end=38.58, cumulative_return=+0.0%, annualized_volatility=1.0%
Macro context: {'fed_funds_rate': 0.37, 'cpi_yoy': 238.992, 'unemployment': 5.1, 'gdp_growth_qoq': 19062.709, 't10y2y_spread': 1.04, 't10y3m_spread': 1.63, 'breakeven_10y': 1.68, 'hy_oas': 6.25, 'ig_oas': 1.53, 'ted_spread': 0.4, 'mortgage_30y': 3.59, 'vix': 13.770000457763672}
Market regime: sideways

Predict whether the return of ICSH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for ICSH starting 2016-04-28 was +0.06%, which classifies as 'flat'.


SOL-USD over past 60 days: cumulative return +48.3%, annualized vol 101.6%. Market regime: sideways.

Question:
Asset: SOL-USD
Historical prices (past 60 trading days): start=139.11, end=206.25, cumulative_return=+48.3%, annualized_volatility=101.6%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 278.919, 'unemployment': 4.1, 'gdp_growth_qoq': 21988.737, 't10y2y_spread': 1.1, 't10y3m_spread': 1.51, 'breakeven_10y': 2.51, 'hy_oas': 3.21, 'ig_oas': 0.91, 'ted_spread': 0.1, 'mortgage_30y': 3.14, 'vix': 16.030000686645508}
Market regime: sideways
Recent filing/news:
[Kaggle 2021-11-02]

Predict whether the return of SOL-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for SOL-USD starting 2021-11-03 was +0.00%, which classifies as 'flat'.


IVV over past 60 days: cumulative return +2.3%, annualized vol 11.1%. Market regime: sideways.

Question:
Asset: IVV
Historical prices (past 60 trading days): start=389.78, end=398.85, cumulative_return=+2.3%, annualized_volatility=11.1%
Macro context: {'fed_funds_rate': 0.1, 'cpi_yoy': 271.903, 'unemployment': 5.4, 'gdp_growth_qoq': 21617.828, 't10y2y_spread': 0.98, 't10y3m_spread': 1.14, 'breakeven_10y': 2.24, 'hy_oas': 3.44, 'ig_oas': 0.93, 'ted_spread': 0.08, 'mortgage_30y': 2.88, 'vix': 22.5}
Market regime: sideways
Recent filing/news:
[Kaggle 2021-07-19] This Segment of Tech Stocks Will Outpace the Rest Over the Next 4 Years Technology stocks have been the must-own sector for more than a couple of decades now. That's not apt to change in the foreseeable future either. If you think one technology stock is as good as another though, think again. They can be dramatically different when it comes to growth prospects, and enterprise software companies like Microsoft (NASDAQ: MSFT) and ServiceNow (NYSE: NOW) are poised to outgrow other tech names for the foreseeable future. That's the call from technology market research outfit Gartner (NYSE: IT) anyway, which recently posted its long-term IT spending outlook. The organization believes global tech spending will improve by 9% year over year in 2021, led by more than a 13% swell in software outlays. Unlike other technology arenas, however, enterprise software sales will remain abnormally brisk through 2025. Investors should make a point of holding exposure to this sliver of the tech sector during this time. Image source: Getty Images. Better than the rest All of the technology sector's key industries should benefit from IT spending growth this year, for the record, and this widespread progress is expected to persist through 2022. The rising tide isn't expected to lift all boats equally, however. The graphic below puts things in perspective. Services of all sorts will see steady growth through 2025, according to Gartner, and data center systems and device manufacturers are apt to fare even better. The standout area, however, is clearly enterprise software. Gartner estimates software spending will grow at a double-digit percentage pace every year through 2025. In fact, it will be the technology sector's only segment to achieve double-digit growth in any year except for this year's expected 13.9% growth in spending on devices, which is exaggerated this year due to last year's decline. Data source: Gartner Inc. Chart by author. And in case you're wondering, infrastructure software spending is projected to lead the way, albeit just barely. Spending on enterprise-level apps, or computer programs, should see almost as much growth, suggesting software spending plans are well balanced. Best of the best The stage may be set for growth, but which software stocks will make for the most productive picks? One of the most obvious beneficiaries of this projected growth is, of course, Microsoft. It's hardly a pure play, with offerings ranging from operating systems to video gaming to personal productivity to cloud computing. Its Intelligent Cloud division is now the company's single-biggest operating unit though, accounting for $15.1 billion of last quarter's revenue of $41.7 billion. Its cloud-management interface Azure saw a 46% year-over-year improvement in revenue, as enterprises embrace highly capable off-the-shelf solutions. Market researcher Canalys estimates Microsoft leveraged Azure to end Q1 with 19% of the world's cloud infrastructure spending market share, up

Predict whether the return of IVV over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for IVV starting 2021-07-20 was +1.88%, which classifies as 'positive'.


TIP over past 60 days: cumulative return +1.5%, annualized vol 2.1%. Market regime: sideways.

Question:
Asset: TIP
Historical prices (past 60 trading days): start=87.03, end=88.30, cumulative_return=+1.5%, annualized_volatility=2.1%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 270.654, 'unemployment': 5.9, 'gdp_growth_qoq': 21440.929, 't10y2y_spread': 1.2, 't10y3m_spread': 1.4, 'breakeven_10y': 2.32, 'hy_oas': 3.04, 'ig_oas': 0.86, 'ted_spread': 0.1, 'mortgage_30y': 3.02, 'vix': 15.829999923706056}
Market regime: sideways

Predict whether the return of TIP over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for TIP starting 2021-07-01 was +1.31%, which classifies as 'positive'.


BIL over past 60 days: cumulative return +0.3%, annualized vol 0.2%. Market regime: sideways.

Question:
Asset: BIL
Historical prices (past 60 trading days): start=75.77, end=76.02, cumulative_return=+0.3%, annualized_volatility=0.2%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 252.561, 'unemployment': 4.0, 'gdp_growth_qoq': 20431.641, 't10y2y_spread': 0.17, 't10y3m_spread': 0.38, 'breakeven_10y': 1.83, 'hy_oas': 4.27, 'ig_oas': 1.46, 'ted_spread': 0.4, 'mortgage_30y': 4.45, 'vix': 17.799999237060547}
Market regime: sideways

Predict whether the return of BIL over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for BIL starting 2019-01-22 was +0.13%, which classifies as 'flat'.


BNB-USD over past 60 days: cumulative return +352.0%, annualized vol 109.4%. Market regime: sideways.

Question:
Asset: BNB-USD
Historical prices (past 60 trading days): start=30.18, end=136.43, cumulative_return=+352.0%, annualized_volatility=109.4%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 263.579, 'unemployment': 6.2, 'gdp_growth_qoq': 21082.134, 't10y2y_spread': 1.09, 't10y3m_spread': 1.16, 'breakeven_10y': 2.21, 'hy_oas': 3.48, 'ig_oas': 0.97, 'ted_spread': 0.15, 'mortgage_30y': 2.73, 'vix': 19.96999931335449}
Market regime: sideways

Predict whether the return of BNB-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for BNB-USD starting 2021-02-15 was +85.48%, which classifies as 'positive'.


VNQ over past 60 days: cumulative return +6.3%, annualized vol 11.5%. Market regime: sideways.

Question:
Asset: VNQ
Historical prices (past 60 trading days): start=57.18, end=60.78, cumulative_return=+6.3%, annualized_volatility=11.5%
Macro context: {'fed_funds_rate': 1.91, 'cpi_yoy': 251.214, 'unemployment': 3.8, 'gdp_growth_qoq': 20276.154, 't10y2y_spread': 0.29, 't10y3m_spread': 0.93, 'breakeven_10y': 2.12, 'hy_oas': 3.46, 'ig_oas': 1.16, 'ted_spread': 0.36, 'mortgage_30y': 4.54, 'vix': 12.829999923706056}
Market regime: sideways

Predict whether the return of VNQ over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for VNQ starting 2018-08-01 was +1.45%, which classifies as 'positive'.


ETH-USD over past 60 days: cumulative return -20.9%, annualized vol 56.8%. Market regime: sideways.

Question:
Asset: ETH-USD
Historical prices (past 60 trading days): start=1622.51, end=1283.20, cumulative_return=-20.9%, annualized_volatility=56.8%
Macro context: {'fed_funds_rate': 3.08, 'cpi_yoy': 298.007, 'unemployment': 3.6, 'gdp_growth_qoq': 22278.345, 't10y2y_spread': -0.38, 't10y3m_spread': 0.15, 'breakeven_10y': 2.51, 'hy_oas': 4.89, 'ig_oas': 1.69, 'ted_spread': 0.09, 'mortgage_30y': 6.94, 'vix': 29.979999542236328}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-10-20]

Predict whether the return of ETH-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for ETH-USD starting 2022-10-21 was -0.98%, which classifies as 'flat'.


TLH over past 60 days: cumulative return -0.9%, annualized vol 5.4%. Market regime: sideways.

Question:
Asset: TLH
Historical prices (past 60 trading days): start=107.20, end=106.27, cumulative_return=-0.9%, annualized_volatility=5.4%
Macro context: {'fed_funds_rate': 1.16, 'cpi_yoy': 247.284, 'unemployment': 4.2, 'gdp_growth_qoq': 19882.352, 't10y2y_spread': 0.7, 't10y3m_spread': 1.12, 'breakeven_10y': 1.87, 'hy_oas': 3.84, 'ig_oas': 1.06, 'ted_spread': 0.18, 'mortgage_30y': 3.9, 'vix': 11.59000015258789}
Market regime: sideways

Predict whether the return of TLH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for TLH starting 2017-11-15 was +0.19%, which classifies as 'flat'.


SOL-USD over past 60 days: cumulative return -65.6%, annualized vol 120.6%. Market regime: sideways.

Question:
Asset: SOL-USD
Historical prices (past 60 trading days): start=99.24, end=34.12, cumulative_return=-65.6%, annualized_volatility=120.6%
Macro context: {'fed_funds_rate': 1.58, 'cpi_yoy': 294.957, 'unemployment': 3.6, 'gdp_growth_qoq': 21967.045, 't10y2y_spread': 0.1, 't10y3m_spread': 1.55, 'breakeven_10y': 2.54, 'hy_oas': 5.32, 'ig_oas': 1.54, 'ted_spread': 0.09, 'mortgage_30y': 5.78, 'vix': 28.950000762939453}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-06-22]

Predict whether the return of SOL-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for SOL-USD starting 2022-06-23 was -2.80%, which classifies as 'negative'.


TLT over past 60 days: cumulative return -1.6%, annualized vol 15.3%. Market regime: sideways.

Question:
Asset: TLT
Historical prices (past 60 trading days): start=140.47, end=138.26, cumulative_return=-1.6%, annualized_volatility=15.3%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 258.352, 'unemployment': 10.2, 'gdp_growth_qoq': 20558.879, 't10y2y_spread': 0.51, 't10y3m_spread': 0.52, 'breakeven_10y': 1.42, 'hy_oas': 6.06, 'ig_oas': 1.51, 'ted_spread': 0.12, 'mortgage_30y': 3.07, 'vix': 28.07999992370605}
Market regime: sideways

Predict whether the return of TLT over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for TLT starting 2020-07-09 was +0.07%, which classifies as 'flat'.


XLF over past 60 days: cumulative return +2.6%, annualized vol 14.3%. Market regime: sideways.

Question:
Asset: XLF
Historical prices (past 60 trading days): start=24.34, end=24.99, cumulative_return=+2.6%, annualized_volatility=14.3%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 255.802, 'unemployment': 3.7, 'gdp_growth_qoq': 20843.322, 't10y2y_spread': 0.22, 't10y3m_spread': -0.02, 'breakeven_10y': 1.8, 'hy_oas': 3.93, 'ig_oas': 1.15, 'ted_spread': 0.2, 'mortgage_30y': 3.75, 'vix': 12.739999771118164}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-07-25] ["Asian markets little changed as investors await central bank decisions Stocks in Japan, Hong Kong rise slightly Asian markets were little changed in early trading Thursday, despite new record highs on Wall Street.", "Microsoft and 7 Other Tech Stocks That Yield Steady Payouts Technology stocks aren\u2019t traditional dividend havens the way utilities, consumer staples, and other sectors have been. But that\u2019s shifting as companies such as Microsoft, Apple, Cisco, and others operate mature businesses that throw off excess cash.", "Why App Stores Could Be an Early Target of Regulators Apple and Google take 30% on revenue generated from their app stores. That could be one area of interest as the Justice Department reviews online platforms.", "This GMO Strategist Is Bearish on U.S. Stocks but Positive on Modern Monetary Theory James Montier likes emerging markets, cites Monty Python, and is critical of Larry Summers", "Voice assistants gain new skills \u2014 texting us, showing us graphics Multimodal responses to voice commands will make consumers more comfortable with artificial intelligence Multimodal responses to voice commands will make consumers more comfortable with artificial intelligence.", "U.S. government\u2019s broadside against Big Tech could cause the stock rally to stumble Large technology companies have been the stock market leaders Large technology companies have been the stock market leaders.", "Big Tech could have avoided this antitrust mess with the stroke of a pen Humble advice to Alphabet, Amazon, Facebook and Apple: Get out your checkbooks Humble advice to Alphabet, Amazon, Facebook and Apple: Get out your checkbooks.", "Southwest takes drastic action to address 737 Max issues and stock is rewarded Earnings Watch: Alphabet and Amazon lurk on deck as antitrust interest heats up Air carriers have spent the past two weeks giving updates on the continued Boeing 737 Max groundings, and Southwest Airlines Co. just announced the most drastic plan so far.", "OK Google, tell us why your earnings growth is slowing down ... hello? Anyone there? Alphabet executives avoided discussing growth slowdown in last earnings report, and numbers don\u2019t tell much of a story either As the parent company of Google nears its fiscal second quarter results on July 25, the chorus of disapproval over its evasive reporting policy has risen on Wall Street.", "A worrying theory after Equifax and Facebook settlements \u2014 aggregated data is NOT enough to protect your privacy A new study says it\u2019s possible to \u2018reverse engineer\u2019 anonymous data to identify individuals A new study says it\u2019s possible to \u2018reverse engineer\u2019 anonymous data to identify individuals.", "Apple to acquire majority of Intel smartphone business for $1 billion", "Trump prods Republicans to back budget deal as he hails worker-pledge anniversary CEOs from Lockheed, Siemens join president at White House event President Donald Trump on Thursday urged House

Predict whether the return of XLF over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for XLF starting 2019-07-26 was -8.16%, which classifies as 'negative'.


BNO over past 60 days: cumulative return +2.3%, annualized vol 19.0%. Market regime: sideways.

Question:
Asset: BNO
Historical prices (past 60 trading days): start=17.48, end=17.89, cumulative_return=+2.3%, annualized_volatility=19.0%
Macro context: {'fed_funds_rate': 1.43, 'cpi_yoy': 249.577, 'unemployment': 4.0, 'gdp_growth_qoq': 20044.077, 't10y2y_spread': 0.53, 't10y3m_spread': 1.05, 'breakeven_10y': 2.08, 'hy_oas': 3.62, 'ig_oas': 1.1, 'ted_spread': 0.44, 'mortgage_30y': 4.44, 'vix': 16.59000015258789}
Market regime: sideways

Predict whether the return of BNO over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for BNO starting 2018-03-16 was +8.64%, which classifies as 'positive'.


XRP-USD over past 60 days: cumulative return -27.9%, annualized vol 63.5%. Market regime: sideways.

Question:
Asset: XRP-USD
Historical prices (past 60 trading days): start=0.44, end=0.32, cumulative_return=-27.9%, annualized_volatility=63.5%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 255.802, 'unemployment': 3.7, 'gdp_growth_qoq': 20843.322, 't10y2y_spread': 0.13, 't10y3m_spread': -0.06, 'breakeven_10y': 1.76, 'hy_oas': 3.93, 'ig_oas': 1.14, 'ted_spread': 0.23, 'mortgage_30y': 3.75, 'vix': 16.1200008392334}
Market regime: sideways

Predict whether the return of XRP-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for XRP-USD starting 2019-08-01 was -14.77%, which classifies as 'negative'.


XLP over past 60 days: cumulative return -13.2%, annualized vol 22.8%. Market regime: sideways.

Question:
Asset: XLP
Historical prices (past 60 trading days): start=52.61, end=45.68, cumulative_return=-13.2%, annualized_volatility=22.8%
Macro context: {'fed_funds_rate': 0.06, 'cpi_yoy': 256.032, 'unemployment': 14.8, 'gdp_growth_qoq': 19077.992, 't10y2y_spread': 0.39, 't10y3m_spread': 0.53, 'breakeven_10y': 1.07, 'hy_oas': 8.17, 'ig_oas': 2.34, 'ted_spread': 0.9852, 'mortgage_30y': 3.5, 'vix': 43.34999847412109}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-04-01] ["Apple Acquires DarkSky, Weather App To Be Pulled From Android", "Here's How The 'MAGA' Tech Giant Stocks Performed In Q1", "A Peek Into The Markets: US Stock Futures Tumble Ahead Of ADP, Manufacturing Reports", "Shares of several technology, semiconductor, and software companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in cases over the next 2 weeks.", "Some Staples Stocks Bouncing Back After Sliding In Recent Rally As Caution Tightens Grip", "Apple Analyst Projects 'Multi-Quarter Impact' On iPhone Shipments From COVID-19 Pandemic", "Hearing Apple, Goldman To Let Card Holders Defer April Payments", "Is Roku Above Other Streamers \u2013 A SWOT Approach", "Is Roku Above Other Streamers \u2013 A SWOT Approach", "Hearing Apple, Goldman To Let Card Holders Defer April Payments", "Apple Analyst Projects 'Multi-Quarter Impact' On iPhone Shipments From COVID-19 Pandemic", "Some Staples Stocks Bouncing Back After Sliding In Recent Rally As Caution Tightens Grip", "Shares of several technology, semiconductor, and software companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in cases over the next 2 weeks.", "A Peek Into The Markets: US Stock Futures Tumble Ahead Of ADP, Manufacturing Reports", "Here's How The 'MAGA' Tech Giant Stocks Performed In Q1", "Is Roku Above Other Streamers \u2013 A SWOT Approach", "Hearing Apple, Goldman To Let Card Holders Defer April Payments", "Apple Analyst Projects 'Multi-Quarter Impact' On iPhone Shipments From COVID-19 Pandemic", "Some Staples Stocks Bouncing Back After Sliding In Recent Rally As Caution Tightens Grip", "Shares of several technology, semiconductor, and software companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in cases over the next 2 weeks.", "A Peek Into The Markets: US Stock Futures Tumble Ahead Of ADP, Manufacturing Reports", "Here's How The 'MAGA' Tech Giant Stocks Performed In Q1", "Only one stock in the Dow rose during the first quarter \u2014 and it was up by only one penny January through March was the worst quarter for the Dow Jones Industrial Average since 1987 January through March was the worst quarter for the Dow Jones Industrial Average since 1987.", "The Dow's 30 stocks are all falling, led by Boeing's 6+% selloff Shares of all 30 components of the Dow Jones Industrial Average are all falling in premarket trading Wednesday amid a broad stock market selloff, with Boeing Co.'s stock leading the way down by sinking 6.2%. Boeing's stock is starting the second quarter the way it ended the first quarter, in which it plummeted 54.2% to suffer its worst-ever quarterly performance. The stock's implied price decline ahead of Wednesday's open would shave about 63 po

Predict whether the return of XLP over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for XLP starting 2020-04-02 was +4.92%, which classifies as 'positive'.


VTI over past 60 days: cumulative return +12.0%, annualized vol 18.2%. Market regime: sideways.

Question:
Asset: VTI
Historical prices (past 60 trading days): start=157.34, end=176.28, cumulative_return=+12.0%, annualized_volatility=18.2%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 262.045, 'unemployment': 6.7, 'gdp_growth_qoq': 20791.917, 't10y2y_spread': 0.78, 't10y3m_spread': 0.84, 'breakeven_10y': 1.88, 'hy_oas': 4.08, 'ig_oas': 1.11, 'ted_spread': 0.14, 'mortgage_30y': 2.71, 'vix': 22.520000457763672}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-12-10] ["Adobe Guides Q1, FY21 Above Estimates - Quick Facts (RTTNews) - While reporting financial results for the fourth quarter and fiscal 2020 on Thursday, software company Adobe, Inc. (ADBE) initiated earnings and revenue guidance for the first quarter and full-year 2021. For the first quarter, the company expects earnings of about $2.19 per share and adjusted earnings about $2.78 per share on revenues about $3.75 billion. On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.59 per share on revenues of $3.50 billion for the quarter. Analysts' estimates typically exclude special items. For the fiscal 2021, the company now projects earnings of about $8.57 per share and adjusted earnings about $11.20 per share on revenues about $15.15 billion. The Street is looking for earnings of $11.17 per share on revenues of $14.78 billion for the year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "Adobe Approves Repurchase Of Up To $15 Billion In Common Stock Through 2024 - Quick Facts (RTTNews) - Ahead of its virtual financial analyst meeting with investors and financial analysts on Thursday, software company Adobe, Inc. (ADBE) announced that its board of directors has approved a new stock repurchase authority, granting the company additional authority to repurchase up to $15 billion in common stock through its fiscal year 2024. The previous program authorizing the repurchase of up to $8 billion in common stock through fiscal year 2021 is expected to be exhausted in the first half of 2021. The new program is expected to be funded from Adobe's future cash flows from operations and is incorporated into the company's fiscal year 2021 financial targets. Adobe also said its total addressable market has expanded to approximately $147 billion by 2023. This is based on its proven ability to create new categories and consistently innovate across our creativity, digital documents and customer experience management businesses. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "Adobe Systems Inc. Q4 adjusted earnings Beat Estimates (RTTNews) - Adobe Systems Inc. (ADBE) released earnings for its fourth quarter that advanced from the same period last year. The company's bottom line came in at $2.25 billion, or $4.64 per share. This compares with $0.85 billion, or $1.74 per share, in last year's fourth quarter. Excluding items, Adobe Systems Inc. reported adjusted earnings of $1.36 billion or $2.81 per share for the period. Analysts had expected the company to earn $2.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 14.4% to $3.42 billion from $2.99 billion last year. Adobe Systems Inc. earnings at a glance: -Earnings (Q4): $1.36 Bln. vs. $1.12 Bln. last yea

Predict whether the return of VTI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for VTI starting 2020-12-11 was +4.57%, which classifies as 'positive'.


IYR over past 60 days: cumulative return +3.5%, annualized vol 11.6%. Market regime: sideways.

Question:
Asset: IYR
Historical prices (past 60 trading days): start=57.90, end=59.92, cumulative_return=+3.5%, annualized_volatility=11.6%
Macro context: {'fed_funds_rate': 0.39, 'cpi_yoy': 240.222, 'unemployment': 4.9, 'gdp_growth_qoq': 19062.709, 't10y2y_spread': 0.96, 't10y3m_spread': 1.43, 'breakeven_10y': 1.5, 'hy_oas': 5.83, 'ig_oas': 1.54, 'ted_spread': 0.34, 'mortgage_30y': 3.56, 'vix': 17.25}
Market regime: sideways

Predict whether the return of IYR over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for IYR starting 2016-06-24 was +7.68%, which classifies as 'positive'.


MATIC-USD over past 60 days: cumulative return -13.1%, annualized vol 142.6%. Market regime: sideways.

Question:
Asset: MATIC-USD
Historical prices (past 60 trading days): start=0.01, end=0.01, cumulative_return=-13.1%, annualized_volatility=142.6%
Macro context: {'fed_funds_rate': 1.55, 'cpi_yoy': 258.63, 'unemployment': 3.6, 'gdp_growth_qoq': 20985.448, 't10y2y_spread': 0.26, 't10y3m_spread': 0.33, 'breakeven_10y': 1.75, 'hy_oas': 3.58, 'ig_oas': 1.03, 'ted_spread': 0.37, 'mortgage_30y': 3.73, 'vix': 12.289999961853027}
Market regime: sideways

Predict whether the return of MATIC-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for MATIC-USD starting 2019-12-18 was +17.97%, which classifies as 'positive'.


TLH over past 60 days: cumulative return +4.5%, annualized vol 8.9%. Market regime: sideways.

Question:
Asset: TLH
Historical prices (past 60 trading days): start=120.17, end=125.58, cumulative_return=+4.5%, annualized_volatility=8.9%
Macro context: {'fed_funds_rate': 1.58, 'cpi_yoy': 259.25, 'unemployment': 3.5, 'gdp_growth_qoq': 20709.212, 't10y2y_spread': 0.12, 't10y3m_spread': -0.1, 'breakeven_10y': 1.61, 'hy_oas': 3.66, 'ig_oas': 1.05, 'ted_spread': 0.15, 'mortgage_30y': 3.49, 'vix': 17.079999923706055}
Market regime: sideways

Predict whether the return of TLH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for TLH starting 2020-02-24 was +8.74%, which classifies as 'positive'.


XLY over past 60 days: cumulative return -7.2%, annualized vol 35.6%. Market regime: sideways.

Question:
Asset: XLY
Historical prices (past 60 trading days): start=80.40, end=74.63, cumulative_return=-7.2%, annualized_volatility=35.6%
Macro context: {'fed_funds_rate': 0.83, 'cpi_yoy': 294.957, 'unemployment': 3.6, 'gdp_growth_qoq': 21967.045, 't10y2y_spread': 0.31, 't10y3m_spread': 1.78, 'breakeven_10y': 2.76, 'hy_oas': 4.19, 'ig_oas': 1.37, 'ted_spread': 0.09, 'mortgage_30y': 5.09, 'vix': 25.06999969482422}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-06-06] ["Stock Market News for June 6, 2022 U.S. stocks ended sharply lower on Friday as a better-than-expected jobs report reignited fears that the Fed would continue with its aggressive monetary policy and go for steep rate hikes in the coming months. All the major indexes ended in negative territory. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) shed 1% or 348.58 points to close at 32,899.70 points. The S&P 500 fell 1.6% or 68.28 points to finish at 4,108.54 points. Consumer discretionary and tech stocks were the worst performers. The Consumer Discretionary Select Sector SPDR (XLY) and the Technology Select Sector SPDR (XLK) declined 2.9% and 2.4%, respectively. Ten of the 11 sectors of the benchmark index ended in negative territory. The tech-heavy Nasdaq slid 2.5% or 304.16 points to end at 12,012.73 points. The fear-gauge CBOE Volatility Index (VIX) was up 0.28% to 24.79. Decliners outnumbered advancers on the NYSE by a 2.68-to-1 ratio. On Nasdaq, a 1.79-to-1 ratio favored declining issues. A total of 9.42 billion shares were traded on Friday, lower than the last 20-session average of 12.89 billion. Steeper Rate Hike Fears Worry Investors Stocks fell suffered once again on Friday on a holiday-shortened week as data showed nonfarm payrolls rose better than expected in May. This ate into expectations of the Fed slowing down on steep rate hikes in the coming months. The Fed has so far gone for rate hikes by 75 basis points in its last two meetings and steeper hikes are expected in the coming months in a bid to control decades-high inflation. This at the same time reignited fears that steeper rate hikes could push the country into an economic slowdown. Investors, thus, couldn\u2019t welcome the impressive jobs data on Friday. Growing worries of investors could be seen in the bond market, as investors aggressively sold Treasurys across the board. The benchmark 10-year Treasury yield rose 5 basis points following the jobs report and crossed the 2.9% mark. Tech stocks were the biggest losers as a result of this. Shares of Apple Inc. AAPL declined 3.9%, while Amazon.com, Inc. AMZN finished 2.5% lower. Apple has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Economic Data The May jobs data released on Friday came in impressive but raised worries for investors. The Bureau of Labor Statistics said that the U.S. economy added 390,000 jobs in May, higher than economists\u2019 expectations of a gain of 328,000. Also, the unemployment rate remained unchanged at 3.6% in May, slightly above the lowest level since December 1969. Average hourly wage gains also remained strong in May, increasing 0.3% from April, a shade lower than expectations of 0.4%. On a year-over-year basis, average hourly wages increased 5.2%, which came in line with expectations. Weekly Roundup All the three major indexes ended the week in the red. The Dow and the S&P 500 lost 0.9% and 1.2%, respectively, for the

Predict whether the return of XLY over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for XLY starting 2022-06-07 was -4.83%, which classifies as 'negative'.


VEA over past 60 days: cumulative return +2.2%, annualized vol 22.5%. Market regime: sideways.

Question:
Asset: VEA
Historical prices (past 60 trading days): start=36.55, end=37.35, cumulative_return=+2.2%, annualized_volatility=22.5%
Macro context: {'fed_funds_rate': 3.83, 'cpi_yoy': 298.786, 'unemployment': 3.6, 'gdp_growth_qoq': 22278.345, 't10y2y_spread': -0.65, 't10y3m_spread': -0.58, 'breakeven_10y': 2.31, 'hy_oas': 4.64, 'ig_oas': 1.44, 'ted_spread': 0.09, 'mortgage_30y': 6.61, 'vix': 22.36000061035156}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-11-21] ["Should Vanguard Mega Cap ETF (MGC) Be on Your Investing Radar? If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Vanguard Mega Cap ETF (MGC), a passively managed exchange traded fund launched on 12/17/2007. The fund is sponsored by Vanguard. It has amassed assets over $3.62 billion, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Companies that find themselves in the large cap category typically have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. Blend ETFs usually hold a mix of growth and value stocks as well as stocks that exhibit both value and growth characteristics. Costs Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.07%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 1.55%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 29.30% of the portfolio. Healthcare and Financials round out the top three. Looking at individual holdings, Apple Inc. (AAPL) accounts for about 8.48% of total assets, followed by Microsoft Corp. (MSFT) and Amazon.com Inc. (AMZN). The top 10 holdings account for about 33.08% of total assets under management. Performance and Risk MGC seeks to match the performance of the CRSP US Mega Cap Index before fees and expenses. The CRSP U.S. Mega Cap Index includes the largest U.S. companies, with a target of including the top 70% of investable market capitalization. The index includes securities traded on NYSE, NYSE Market, NASDAQ or ARCA. The ETF has lost about -17.90% so far this year and is down about -16.42% in the last one year (as of 11/21/2022). In the past 52-week period, it has traded between $124.31 and $169.35. The ETF has a beta of 1 and standard deviation of 25.25% for the trailing three-year period, making it a medium risk choice in the space. With about 239 holdings, it effectively diversifies company-specific risk. Alternatives Vanguard Mega Cap ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, MGC is a good option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The iShares Core S&P 500 ETF (IVV) and the SPDR

Predict whether the return of VEA over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for VEA starting 2022-11-22 was -0.07%, which classifies as 'flat'.


ACWI over past 60 days: cumulative return -0.5%, annualized vol 12.1%. Market regime: sideways.

Question:
Asset: ACWI
Historical prices (past 60 trading days): start=46.22, end=46.00, cumulative_return=-0.5%, annualized_volatility=12.1%
Macro context: {'fed_funds_rate': 0.37, 'cpi_yoy': 240.222, 'unemployment': 4.9, 'gdp_growth_qoq': 19062.709, 't10y2y_spread': 0.88, 't10y3m_spread': 1.35, 'breakeven_10y': 1.45, 'hy_oas': 6.19, 'ig_oas': 1.59, 'ted_spread': 0.38, 'mortgage_30y': 3.6, 'vix': 20.5}
Market regime: sideways
Recent filing/news:
[Kaggle 2016-06-14] ["Are Smartphones Set For A Rebound? By now, slowing Chinese demand for smartphones is well known - Apple's stock (AAPL) has fallen 6.5% this year, dragging its Asian suppliers with it. But there is evidence that smartphone component prices are bottoming, which bodes well for Asian component suppliers, according to Morgan Stanley.READ MORE.", "Did Microsoft overpay for LinkedIn? Microsoft\u2019s largest-ever acquisition follows Nokia write-off in 2015 Microsoft paid more than $26 billion for LinkedIn, hoping for a Windows moment akin to the 1990s.", "Deepak Chopra\u2019s new app wants to show you how to live Jiyo is more of a soulmate than an app Jiyo is the alternative medicine guru\u2019s latest venture.", "Here\u2019s why U.S. investors might squeak past Brexit worries Critical information ahead of the U.S. open The financial world has turned a little, with German bunds now trading negative for the first time ever. Wipe away the chaos as our call of the day finds a reason why U.S. stocks still have some juice left.", "Apple shares gain 0.9% to $98.20 in early trade to top Dow industrials", "Five potential takeovers following the Microsoft-LinkedIn deal There are many large companies with ambitions to grow and lots of cash There are many large companies with ambitions to grow and lots of cash, writes Michael Brush.", "Apple\u2019s WWDC: Drexel Loves \u2018The Matrix,\u2019 Others Praise \u2018Enhancements\u2019 Shares of (AAPL) are down 19 cents at $97.15, a day after the company held the keynote for its annual developer conference in San Francisco, as the Street continues to assess what it heard.Among the most bullish notes today is that of of , who reiterates his Buy rating and $185 price target, titling his report \"Building a bigger, stronger and smarter Planet Apple.\"White lauds what he calls the \"\": In our view, Apple's expansive digital matrix across software, services and hardware, that delivers a seamless experience to an installed base of 1 billion devices, will continue to differentiate Apple from its mobile device competitors. We find it virtually impossible for Android-based competitors to ever create a digital matrix that rivals \"Planet Apple\".White believes the company's application \"got a lot cooler with iOS 10 given the addition of full screen animations (e.g., fireworks, balloons, confetti) and invisible ink that hides a message until the recipient swipes over it.\"And he thinks the update of Apple's operating system, now called \"macOS,\" was \"a big update with Siri and Apple Pay finally finding its way to the Mac.\"Others were more muted in their praise.'s, who has a Buy rating on the shares, and a $120 price target, writes that none of the \"enhancements\" shown yesterday \"accelerate Service revenue\u2019s ~23% YoY growth,\" but \"they do give confidence that Apple\u2019s +90% loyalty rate will remain intact.\"He is sticking with his calculation for \"services revenue forecast for FY16 of $24.4bn, ~12% of total reve

Predict whether the return of ACWI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for ACWI starting 2016-06-15 was +4.60%, which classifies as 'positive'.


XLRE over past 60 days: cumulative return +2.8%, annualized vol 20.1%. Market regime: sideways.

Question:
Asset: XLRE
Historical prices (past 60 trading days): start=29.06, end=29.86, cumulative_return=+2.8%, annualized_volatility=20.1%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 259.997, 'unemployment': 7.8, 'gdp_growth_qoq': 20558.879, 't10y2y_spread': 0.58, 't10y3m_spread': 0.61, 'breakeven_10y': 1.7, 'hy_oas': 5.13, 'ig_oas': 1.35, 'ted_spread': 0.14, 'mortgage_30y': 2.93, 'vix': 30.75}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-09-04] ["Asian markets slide, following Wall Street\u2019s tumble Stocks fall in Tokyo, Hong Kong, Seoul Asian markets skidded Friday after Wall Street had its worst day since June, as investors\u2019 exuberance faltered after a spate of record highs.", "Podcast: Nasdaq Composite Drops 5% Many of the pandemic\u2019s hottest stocks saw steep declines on Thursday. The latest government jobs report looks worse than economists forecast. But spending on wireless spectrum licenses was up $4.5 billion last month.", "Coronavirus update: Global tally climbs above 26 million, U.S. above 6.1 million, amid concerns CDC will rush out a vaccine The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 26 million on Thursday, while in the U.S. there were growing concerns that President Donald Trump\u2019s administration will attempt to rush out a vaccine ahead of the November presidential election.", "Here are the biggest stock-market losers on Thursday as the tech sector tanks All S&P 500 sectors ended lower Thursday\u2019s decline was broad, with all sectors of the S&P 500 ending lower.", "Just $5 and an iPhone can open the door to investing in the world\u2019s rarest fine wines The pandemic has reinvigorated many people\u2019s passion for hobbies and nostalgia, Rally\u2019s co-founder says Rally\u2019s wine offerings will have a combined value of $148,000 and include a \u201905 Chateau Latour and 2016 Chateau Petrus", "Apple Stock Falls Again as the Nasdaq Keeps Dropping The Nasdaq\u2019s loss in futures trading builds on Thursday\u2019s sharp decline.", "Tech bloodbath aside, ride these two giants for the second half of the recovery, veteran analyst says Critical information for the U.S. trading day Never mind the carnage. One analyst says the second phase of the economic rebound, during the second half of this year and into 2021, will \u201csupercharge\u201d the fundamentals and growth trajectories of well positioned tech stocks", "Apple delays privacy policy change, much to the relief of Facebook, mobile ad sellers Digital advertising firms have dreaded the planned privacy changes that would require them to explain in their notifications why they are seeking tracking permissions Apple Inc. says it will delay until early next year changes to its privacy policy that Facebook Inc. and others claim will eviscerate advertising sales targeting users on iPhones and iPads.", "Apple Lost $180 Billion In Market Value Thursday. It\u2019s the Biggest Loss For a Company Ever. Apple stock slid 8% on Thursday, a rotten day for technology shares. That translated to a loss of roughly $180 billion in the iPhone maker\u2019s market capitalization.", "Salesforce.com Inc., Apple Inc. share losses lead Dow's 532-point fall", "Barron\u2019s Daily: Tech Stocks Slide Again Trump takes aim at cities\u2019 funding, \u201cTenet\u201d will be in many U.S. movie theaters this weekend, Fed\u2019s Charles Evans says U.S. economy needs more support, and other ne

Predict whether the return of XLRE over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for XLRE starting 2020-09-08 was +2.37%, which classifies as 'positive'.


VTI over past 60 days: cumulative return +3.9%, annualized vol 8.0%. Market regime: sideways.

Question:
Asset: VTI
Historical prices (past 60 trading days): start=126.95, end=131.95, cumulative_return=+3.9%, annualized_volatility=8.0%
Macro context: {'fed_funds_rate': 1.92, 'cpi_yoy': 252.182, 'unemployment': 3.7, 'gdp_growth_qoq': 20276.154, 't10y2y_spread': 0.24, 't10y3m_spread': 0.75, 'breakeven_10y': 2.08, 'hy_oas': 3.52, 'ig_oas': 1.21, 'ted_spread': 0.24, 'mortgage_30y': 4.54, 'vix': 14.649999618530272}
Market regime: sideways
Recent filing/news:
[Kaggle 2018-09-06] ["7 Lucrative Biotech Stocks With Up to 300% Upside InvestorPlace - Stock Market News, Stock Advice & Trading Tips Forget market dynamics. These biotechs are playing to their own tune. According to the Street's top analysts this can be a very lucrative path. Biotech stocks can spike massively on positive news - be it key trial results or regulatory approvals. Of course, the opposite is also true and the biotech sector can crash just as quickly on unexpected disappointments. But the key point remains: Biotechs provide an outlet away from the rest of the market to potentially make serious money. That's especially welcome in the month of September - a notoriously tricky time for the markets. Indeed, September has been the worst performing month of the year for the Dow Jones Industrial Average and the S&P 500 since 1950. Your Chance to Cash In With Legal Sports Betting With that in mind, let's now turn to these seven strong buy biotechs now. I used TipRanks to ensure two crucial points: 1) big support from the Street, especially from top-performing analysts and 2) eye-watering upside potential ahead. Now let's see how these stocks tick these two boxes: Biotech Stocks to Buy: ObsEva (OBSV) ObsEva (NASDAQ: OBSV ) is developing best-in-class drug candidates to improve women's reproductive health. The lead is Linzagolix (OBE2109), a potentially best-in-class orally-dosed GnRH antagonist to treat symptoms of endometriosis (Ph2b) and uterine fibroids (Ph3). Top HC Wainwright analyst Ram Selvaraju ( Profile & Recommendations ) is very bullish on the stock's potential. He has just reiterated his \"buy\" rating with a $44 price target. From current levels that indicates massive upside potential of 237%! He notes that just-released data from AbbVie Inc (NYSE: ABBV ) reduces the risk for OBSV's Linzagolix. \"In our view, the long-term efficacy for elagolix should bode well for future development of linzagolix in uterine fibroids, since both drugs are GnRH receptor antagonists and have shown comparable potency in clinical studies.\" However, one of the key advantages for Linzagolix is the potential to be administered in certain patients without needing add-back therapy (ABT). This is the addition of a small amount of the hormones estrogen and/or progesterone to reduce undesirable effects of GnRH. Overall, six analysts have published back-to-back buy ratings on OBSV stock. This is with a $32 price target (147% upside potential). See what other Top Analysts are saying about OBSV . Biotech Stocks to Buy: Tocagen Inc (TOCA) This cutting-edge biotech stock is at the forefront of cancer therapy. Tocagen Inc (NASDAQ: TOCA ) is developing an RRV platform that can selectively deliver therapeutic genes into the DNA of cancer cells. Right now, all eyes are on Toca 511 and Toca FC. These drugs are in pivotal Phase 3 trials for recurrent high-grade gliomas (HGGs), with data due in 1H19. These are extremely difficult to treat cancers. \"Given the robustness of overall dataset

Predict whether the return of VTI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for VTI starting 2018-09-07 was -0.24%, which classifies as 'flat'.


EWJ over past 60 days: cumulative return -5.8%, annualized vol 17.6%. Market regime: sideways.

Question:
Asset: EWJ
Historical prices (past 60 trading days): start=51.33, end=48.36, cumulative_return=-5.8%, annualized_volatility=17.6%
Macro context: {'fed_funds_rate': 2.33, 'cpi_yoy': 296.349, 'unemployment': 3.5, 'gdp_growth_qoq': 22125.625, 't10y2y_spread': -0.25, 't10y3m_spread': 0.29, 'breakeven_10y': 2.45, 'hy_oas': 5.08, 'ig_oas': 1.5, 'ted_spread': 0.09, 'mortgage_30y': 5.66, 'vix': 25.559999465942383}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-09-01] ["Where Will Snap Stock Be in 1 Year? Snap's (NYSE: SNAP) stock popped nearly 9% on Aug. 31 after the company announced that it would lay off about 1,200 employees, or approximately 20% of its workforce, as it grapples with a severe slowdown. Snap will discontinue its investments in its Snap Originals videos, its Minis mini-programs, its video games, and its Pixy selfie drone. It will also shut down its location-based social networking app Zenly, which it acquired in 2017, and its music creation app Voisey, which it bought in 2020. In an internal memo, CEO Evan Spiegel said Snap's revenue had only risen about 8% year over year so far in the third quarter, which was \"well below\" its own expectations and would represent its slowest growth rate as a public company. Spiegel said Snap \"must now face the consequences\" of that slowdown and \"adapt to the market environment.\" Image source: Getty Images. Spiegel said Snap's restructuring would focus its future on just \"three strategic priorities: community growth, revenue growth, and augmented reality.\" Everything else would likely be cut. Two of Snap's top executives -- its chief business officer Jeremi Gorman and its vice-president for ad sales Peter Naylor -- also abruptly left the company and joined Netflix in that seismic shuffle. That's a lot of information for Snap's investors to process, so let's take a breath and review its prior problems, its aggressive turnaround plans, and the potential challenges to see if its stock can recover over the next 12 months. What happened to Snap? During Snap's investor day presentation last February, the company impressed the bulls by saying it could grow its annual revenue by more than 50% over the next few years. But since then, Snap's year-over-year growth in daily active users (DAUs), average revenue per user (ARPU), and total revenue have all significantly decelerated. PERIOD Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 DAU growth (all figures YOY) 23% 23% 20% 18% 18% ARPU growth (decline) 76% 28% 18% 17% (4%) Revenue growth 116% 57% 42% 38% 13% Data source: Snap. YOY = year over year. Snap's growth ground to a halt for three main reasons. First, it vastly underestimated the impact of Apple's privacy changes on iOS, which enabled its users to opt out of data-tracking features and ads. Second, Snapchat likely lost a lot of its younger users to ByteDance's TikTok, even after it launched a similar Spotlight short-video feature in late 2020. TikTok also overtook Snapchat as the top social media platform for U.S. teens for the first time this spring, according to Piper Sandler's latest Taking Stock with Teens survey. And third, the entire ad sector cooled off as inflation, rising interest rates, and other macroeconomic headwinds rattled the broader economy. But despite facing all those bright red flags, Snap refused to officially abandon its long-term target of achieving more than 50% annual revenue growth. Analysts had expected Snap's revenue to rise 11% to $4.

Predict whether the return of EWJ over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for EWJ starting 2022-09-02 was -5.04%, which classifies as 'negative'.


IWM over past 60 days: cumulative return +5.3%, annualized vol 22.6%. Market regime: sideways.

Question:
Asset: IWM
Historical prices (past 60 trading days): start=135.49, end=142.67, cumulative_return=+5.3%, annualized_volatility=22.6%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 253.319, 'unemployment': 3.8, 'gdp_growth_qoq': 20431.641, 't10y2y_spread': 0.14, 't10y3m_spread': 0.23, 'breakeven_10y': 1.86, 'hy_oas': 4.12, 'ig_oas': 1.32, 'ted_spread': 0.3, 'mortgage_30y': 4.37, 'vix': 14.90999984741211}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-02-15] ["Your smartphone is killing your relationship \u2014 and evolution is to blame Researchers have a new theory for why we\u2019re so addicted to our phones Researchers have a new theory for why we\u2019re so addicted to our phones.", "Google\u2019s Waymo holds on to its driverless-car lead Waymo, GM\u2019s Cruise test cars drive the longest without a hitch Driverless cars by Google\u2019s Waymo drive the most \u2014 and the most without incidents \u2014 in California.", "Why Momentum Stocks Have Lost Their Momentum Momentum has taken a defensive tilt, and companies like Amazon.com, Apple, Boeing, and Netflix no longer make the cut.", "Apple video efforts may not help reaccelerate growth, says Jefferies Apple Inc. appears ready to launch its long-awaited video streaming service in the spring, but Jefferies analyst Tim O'Shea isn't yet convinced that the efforts will help Apple achieve an inflection in growth. \"Even with video, services growth is not enough to offset iPhone unit declines, which should persist through 2019 and beyond,\" he wrote. Apple is reportedly having trouble signing big potential video partners such as Netflix Inc. , which has been pushing back in general against Apple's take rate. \"The 30% revenue share could reduce the amount of third party video content in this service, limiting its potential,\" O'Shea said, though it's still not clear exactly what the company's revenue-sharing arrangements for the video service will be as the company has yet to announce the offering. While publishers like Netflix are rebelling against Apple's 30% cut of App Store revenue, the largest app there only accounts for 0.3% of total services revenue. \" For video, if a single major producer pulls out it would be a much bigger problem,\" O'Shea wrote. Apple shares are off 0.4% in premarket trading Friday. The stock has fallen 11% over the past three months, as the Dow Jones Industrial Average has risen 0.6%.", "Why are Democrats suddenly so stupid? Fighting for more equality isn\u2019t the same as government running things \u2014 badly The only way Democrats can lose to Trump is to promise to take away Americans\u2019 cars, health insurance and economic freedom, writes Tim Mullaney.", "Missing the Recent Stock Market Rally Isn\u2019t as Bad as It Seems The stock market is off to the best start of the year in more than three decades, but here are 5 reasons you shouldn\u2019t be kicking yourself if you missed it.", "Get used to wild swings for this stock market, and thank the Fed for that, says analyst Critical information for the U.S. trading day Our call of the day, from Seema Shah, global investment strategist at Principal Global Investors, says get used data-driven volatility for stocks as the Fed leaves the market and investors hanging.", "Apple's stock slips 0.3%, is the only Dow component losing ground", "Stocks Were Down, but Berkshire Hathaway Didn\u2019t Buy Much Berkshire Hathaway added a surprisingly small amount of stocks to its huge eq

Predict whether the return of IWM over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for IWM starting 2019-02-18 was -1.90%, which classifies as 'negative'.


XLI over past 60 days: cumulative return -26.9%, annualized vol 35.2%. Market regime: sideways.

Question:
Asset: XLI
Historical prices (past 60 trading days): start=75.18, end=54.99, cumulative_return=-26.9%, annualized_volatility=35.2%
Macro context: {'fed_funds_rate': 0.05, 'cpi_yoy': 256.032, 'unemployment': 14.8, 'gdp_growth_qoq': 19077.992, 't10y2y_spread': 0.41, 't10y3m_spread': 0.47, 'breakeven_10y': 1.07, 'hy_oas': 7.58, 'ig_oas': 2.34, 'ted_spread': 0.9852, 'mortgage_30y': 3.31, 'vix': 40.11000061035156}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-04-16] ["Software Rises Above Semiconductors And Hardware As Tech Heads Into Earnings Season", "'Apple's only retail store in South Korea reopening April 18' -9to5Mac", "Morgan Stanley Misses On EPS, But Shows Strong Trading Results For Q1 As Banks Wrap Up", "Deutsche Bank Maintains Buy on Apple, Raises Price Target to $285", "Apple shares are trading higher after Deutsche Bank maintained its Buy rating on the stock and raised its price target from $270 to $285 per share.", "Comcast's Peacock Takes Well-Timed Flight", "Apple's Tim Cook Tells Staff Mgmt. Is Unclear When Employees Will Be Able To Return To Offices, Says Offices Will Likely Have Temperature Checks, Social Distancing Efforts", "S&P 500 Futures Up 3.2% After Hours; Many Other Stocks Moving Higher With Futures; Investors Reacting Favorably To White Phase Guidelines On Reopening Economy", "Big Stocks Moving After Hours As Market Cheers Gilead, 'Reopening' Updates", "Big Stocks Moving After Hours As Market Cheers Gilead, 'Reopening' Updates", "S&P 500 Futures Up 3.2% After Hours; Many Other Stocks Moving Higher With Futures; Investors Reacting Favorably To White Phase Guidelines On Reopening Economy", "Apple's Tim Cook Tells Staff Mgmt. Is Unclear When Employees Will Be Able To Return To Offices, Says Offices Will Likely Have Temperature Checks, Social Distancing Efforts", "Comcast's Peacock Takes Well-Timed Flight", "Apple shares are trading higher after Deutsche Bank maintained its Buy rating on the stock and raised its price target from $270 to $285 per share.", "Deutsche Bank Maintains Buy on Apple, Raises Price Target to $285", "Morgan Stanley Misses On EPS, But Shows Strong Trading Results For Q1 As Banks Wrap Up", "'Apple's only retail store in South Korea reopening April 18' -9to5Mac", "Big Stocks Moving After Hours As Market Cheers Gilead, 'Reopening' Updates", "S&P 500 Futures Up 3.2% After Hours; Many Other Stocks Moving Higher With Futures; Investors Reacting Favorably To White Phase Guidelines On Reopening Economy", "Apple's Tim Cook Tells Staff Mgmt. Is Unclear When Employees Will Be Able To Return To Offices, Says Offices Will Likely Have Temperature Checks, Social Distancing Efforts", "Comcast's Peacock Takes Well-Timed Flight", "Apple shares are trading higher after Deutsche Bank maintained its Buy rating on the stock and raised its price target from $270 to $285 per share.", "Deutsche Bank Maintains Buy on Apple, Raises Price Target to $285", "Morgan Stanley Misses On EPS, But Shows Strong Trading Results For Q1 As Banks Wrap Up", "'Apple's only retail store in South Korea reopening April 18' -9to5Mac", "Apple stock price target raised to $285 from $270 at Deutsche Bank", "Apple is working on high-end over-the-ear headphones: report Apple Inc. has seen considerable success with its AirPods earphones and now the company is looking to make high-end over-the-ear wireless headphones to add to its product lineup, according to a Bloomberg report Thursday. The story, which cites mult

Predict whether the return of XLI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for XLI starting 2020-04-17 was +0.44%, which classifies as 'flat'.


BNB-USD over past 60 days: cumulative return +23.9%, annualized vol 70.5%. Market regime: sideways.

Question:
Asset: BNB-USD
Historical prices (past 60 trading days): start=336.81, end=417.47, cumulative_return=+23.9%, annualized_volatility=70.5%
Macro context: {'fed_funds_rate': 0.1, 'cpi_yoy': 272.676, 'unemployment': 5.1, 'gdp_growth_qoq': 21617.828, 't10y2y_spread': 1.05, 't10y3m_spread': 1.2, 'breakeven_10y': 2.36, 'hy_oas': 3.38, 'ig_oas': 0.93, 'ted_spread': 0.07, 'mortgage_30y': 2.87, 'vix': 16.1200008392334}
Market regime: sideways

Predict whether the return of BNB-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for BNB-USD starting 2021-08-17 was +3.88%, which classifies as 'positive'.


DOT-USD over past 60 days: cumulative return -53.0%, annualized vol 114.5%. Market regime: sideways.

Question:
Asset: DOT-USD
Historical prices (past 60 trading days): start=14.98, end=7.04, cumulative_return=-53.0%, annualized_volatility=114.5%
Macro context: {'fed_funds_rate': 1.58, 'cpi_yoy': 294.957, 'unemployment': 3.6, 'gdp_growth_qoq': 21967.045, 't10y2y_spread': 0.06, 't10y3m_spread': 1.26, 'breakeven_10y': 2.33, 'hy_oas': 5.87, 'ig_oas': 1.64, 'ted_spread': 0.09, 'mortgage_30y': 5.7, 'vix': 28.709999084472656}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-06-30]

Predict whether the return of DOT-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for DOT-USD starting 2022-07-01 was +8.61%, which classifies as 'positive'.


BIL over past 60 days: cumulative return +0.2%, annualized vol 0.2%. Market regime: sideways.

Question:
Asset: BIL
Historical prices (past 60 trading days): start=74.64, end=74.81, cumulative_return=+0.2%, annualized_volatility=0.2%
Macro context: {'fed_funds_rate': 1.42, 'cpi_yoy': 249.577, 'unemployment': 4.0, 'gdp_growth_qoq': 20044.077, 't10y2y_spread': 0.59, 't10y3m_spread': 1.18, 'breakeven_10y': 2.1, 'hy_oas': 3.59, 'ig_oas': 1.04, 'ted_spread': 0.42, 'mortgage_30y': 4.43, 'vix': 22.46999931335449}
Market regime: sideways

Predict whether the return of BIL over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for BIL starting 2018-03-02 was +0.07%, which classifies as 'flat'.


XLB over past 60 days: cumulative return +7.1%, annualized vol 21.3%. Market regime: sideways.

Question:
Asset: XLB
Historical prices (past 60 trading days): start=29.73, end=31.84, cumulative_return=+7.1%, annualized_volatility=21.3%
Macro context: {'fed_funds_rate': 0.07, 'cpi_yoy': 262.687, 'unemployment': 6.4, 'gdp_growth_qoq': 21082.134, 't10y2y_spread': 1.0, 't10y3m_spread': 1.05, 'breakeven_10y': 2.13, 'hy_oas': 3.84, 'ig_oas': 1.03, 'ted_spread': 0.14, 'mortgage_30y': 2.73, 'vix': 33.09000015258789}
Market regime: sideways
Recent filing/news:
[Kaggle 2021-01-29] Dolby Laboratories Stock Could Drop To $75 Dolby Laboratories stock (NYSE: DLB) is up around 35% since the beginning of 2020, and at the current price around $90 per share, we believe that Dolby Laboratories stock has over 15% potential downside. Why is that? Our belief stems from the fact that DLB stock is up 2x its low in March this year, while the S&P has moved a little over 70% in comparison. Further, after posting weak Q4 2020 numbers, and with demand struggling to rise to pre-Covid levels, we believe Dolby stock could slide lower. Our dashboard What Factors Drove 51% Change In Dolby Laboratories Stock Between 2018 And Now? provides the key numbers behind our thinking, and we explain more below. Dolby Laboratories specializes in audio noise reduction and audio encoding/compression software and hardware, licensing its technology to sound system manufacturers. Dolby’s price rise since 2018 came due to a 13% rise in revenue per share (RPS), driven by a 10% rise in revenue combined with a 3% drop in the outstanding share count. Further, DLB’s P/S (price-to-sales) ratio shrank from 6.1x in 2018 to 5.6x in 2019, but has since jumped to 8.1x, riding the rally in technology stocks. We believe that given Dolby’s weak Q4 ’20 performance, there is a possible downside risk for the P/S multiple. So what’s the likely trigger and timing to this downside? The global spread of coronavirus and the resulting lockdowns have led to a drop in demand for medium to large scale sound systems, as theaters have remained closed and large-scale events are not as frequent, due to the pandemic. This has led to a drop in demand for Dolby’s products, which is evident from their Q4 2020 results, where revenue came in at $1.16 billion vs $1.24 billion in 2019. Products and services revenue dropped almost 40% from $134 million to $83 million over this period. Further, as operating expenses didn’t drop at the same rate as revenue, operating margins fell to 18.8% in FY’20 vs 20.7% in FY ’19. Despite a lower effective tax rate, EPS came in lower at $2.30 vs $2.51 in 2019. Going forward, we expect revenues to stay weak in the near to medium term, and if the company is not able to control expenses, we believe the stock will see its P/S multiple decline from the current level of 8.1x to around 7x, which combined with a reduction in revenues and margins could result in the stock price shrinking to as low as $75, a downside of more than 15% from the current price near $90. may have moved, 2020 has created many pricing discontinuities which can offer attractive trading opportunities. For example, you'll be surprised how counter-intuitive the stock valuation is for Intel vs Cisco. \n\nBased on article theme, variations to \"While may have moved\" can be (a) While may be overvalued (or undervalued) (b) While can move (c) Although may not be attractive (d) While is worth considering"}" data-sheets-userformat="{"2":1049345,"3":{"1":0},"11":4,"12":0,"23":1}" data-sheets-textstyleruns="{"1":

Predict whether the return of XLB over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for XLB starting 2021-02-01 was +5.05%, which classifies as 'positive'.


BTC-USD over past 60 days: cumulative return -31.6%, annualized vol 50.7%. Market regime: sideways.

Question:
Asset: BTC-USD
Historical prices (past 60 trading days): start=53569.77, end=36654.33, cumulative_return=-31.6%, annualized_volatility=50.7%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 282.543, 'unemployment': 4.0, 'gdp_growth_qoq': 21932.71, 't10y2y_spread': 0.76, 't10y3m_spread': 1.56, 'breakeven_10y': 2.38, 'hy_oas': 3.44, 'ig_oas': 1.05, 'ted_spread': 0.09, 'mortgage_30y': 3.56, 'vix': 29.89999961853028}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-01-24]

Predict whether the return of BTC-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for BTC-USD starting 2022-01-25 was +20.62%, which classifies as 'positive'.


ACWI over past 60 days: cumulative return +6.2%, annualized vol 15.5%. Market regime: sideways.

Question:
Asset: ACWI
Historical prices (past 60 trading days): start=68.92, end=73.19, cumulative_return=+6.2%, annualized_volatility=15.5%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 260.319, 'unemployment': 6.9, 'gdp_growth_qoq': 20791.917, 't10y2y_spread': 0.54, 't10y3m_spread': 0.59, 'breakeven_10y': 1.63, 'hy_oas': 5.36, 'ig_oas': 1.43, 'ted_spread': 0.14, 'mortgage_30y': 2.88, 'vix': 26.700000762939453}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-10-01] BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Amazon.com, Ford Motor, Skyworks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh Wall Street's main indexes jumped at the open on Thursday as investors bet on more fiscal stimulus after data showed a recovery in the labor market was cooling. .N At 10:51 a.m. ET, the Dow Jones Industrial Average .DJI was up 0.33% at 27,872.05. The S&P 500 .SPX was up 0.38% at 3,375.8 and the Nasdaq Composite .IXIC was up 0.88% at 11,266.005. The top three S&P 500 .PG.INX percentage gainers: ** ETSY Inc , up 4.9% ** Autodesk Inc , up 3.1% ** Gap Inc , up 3.1% The top three S&P 500 .PL.INX percentage losers: ** Valero Energy , down 6.3% ** Halliburton Co , down 5.9% ** Hess Corp , down 4.6% The top three NYSE .PG.N percentage gainers: ** American Equity Investment Life Holding Co , up 36.3% ** SailPoint Technologies Holdings Inc , up 14.3% ** Leaf Group Ltd , up 11% The top three NYSE .PL.N percentage losers: ** Mizuho Financial Group Inc , down 90% ** Ambow Education Holding Ltd , down 17.2% ** BBX Capital Corp , down 16% The top three Nasdaq .PG.O percentage gainers: ** Solid Biosciencs Inc , up 127.6% ** Enlivex Therapeutics Ltd , up 52.5% ** AMAG Pharmaceuticals Inc , up 43.1% The top three Nasdaq .PL.O percentage losers: ** LogicBio Therapeutics Inc , down 33% ** Lixiang Education Holding Co Ltd , down 22.6% ** Kismet Acquisition Once Corp , down 21.1% ** Amazon.com Inc AMZN.O: up 1.2% BUZZ-Amazon.com: Pivotal says ad business underappreciated, boosts PT to Street high ** Snowflake Inc SNOW.N: down 3.3% BUZZ-Jefferies starts coverage on the sidelines, cites valuation ** Houghton Mifflin Harcourt Co HMHC.O: up 16.8% BUZZ-Soars on restructuring plan; to slash 22% jobs ** Cyclerion Therapeutics Inc CYCN.O: up 2.0% BUZZ-Up on sickle cell, nervous system disease study updates ** Skyworks SWKS.O: up 1.5% BUZZ-Cowen hikes PT as OEMs seek to fill Huawei void ** VAALCO Energy Inc EGY.N: up 6.5% BUZZ-Jumps on Q3 production outlook ** Bed Bath & Beyond Inc BBBY.O: up 30.0% BUZZ-Surges as co swings to quarterly profit ** Abbott Laboratories ABT.N: up 0.8% BUZZ-Up after Air Canada says finalizing order for 25,000 COVID-19 tests ** Pfizer Inc PFE.N: down 0.6% BUZZ-Obtains FDA 'Fast Track' designation for muscle degeneration therapy ** Pennsylvania Real Estate Investment Trust: PEI.N: up 3.2% BUZZ-Up on securing one-month extension to liquidity facility ** Advanced Emissions Solutions Inc ADES.O: up 36.9% BUZZ-Surges on 15-year carbon supply contract ** Enlivex Therapeutics Ltd ENLV.O: up 52.5% BUZZ-Surges on positive data from potential COVID-19 treatment ** Gridsum Holding Inc GSUM.O: up 39.5% BUZZ-Soars on take-private offer ** American Equity Investment Life Holding Co AEL.N: up 36.4% BUZZ-Jumps on report of Athene, MassMutual $3-bln-plus takeover bid ** Papa John's International Inc PZZA.O: up 3.2% BUZZ-KeyBanc star

Predict whether the return of ACWI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for ACWI starting 2020-10-02 was -1.14%, which classifies as 'negative'.