ACWI over past 60 days: cumulative return +13.7%, annualized vol 15.4%. Market regime: sideways.

Question:
Asset: ACWI
Historical prices (past 60 trading days): start=72.64, end=82.61, cumulative_return=+13.7%, annualized_volatility=15.4%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 262.045, 'unemployment': 6.7, 'gdp_growth_qoq': 20791.917, 't10y2y_spread': 0.81, 't10y3m_spread': 0.83, 'breakeven_10y': 1.97, 'hy_oas': 3.89, 'ig_oas': 1.05, 'ted_spread': 0.15, 'mortgage_30y': 2.71, 'vix': 21.700000762939453}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-12-28] ["Stand By Chip Champ Advanced Micro Devices Even at Higher Price Points InvestorPlace - Stock Market News, Stock Advice & Trading Tips For investors in Advanced Micro Devices (NASDAQ:AMD), the temptation to take profits is understandable. Anyone who bought AMD stock early in 2020 can easily declare himself/herself a winner and cash out. AMD) logo outside of a corporate building\" width=\"300\" height=\"169\"> Source: Sundry Photography / Shutterstock.com After all, AMD is a stock that more than doubled from mid-March to December. Skeptics might wonder how much further AMD stock can possibly go after a run like that. As we\u2019ll discover, the concerns over valuation are understandable. An argument can be made in favor of taking some chips off the table when it comes to AMD stock. On the other hand, it\u2019s also possible to assess the company\u2019s progress and choose to hold on to one\u2019s AMD shares. Perhaps the bull run can continue into 2021. So, let\u2019s home in on the AMD stock price and consider whether the stock\u2019s valuation is a deal breaker. A Closer Look at AMD Stock At its lowest point in March of 2020, AMD stock bottomed out at $36.75. Even a tech stock like AMD wasn\u2019t impervious to the Covid-19 crisis at that time. 7 Undervalued Stocks That Could Soar in 2021 Yet, by the middle of April, AMD stock had already returned to its pre-pandemic price. The swift recovery was likely due to the market\u2019s belief that the technology sector could thrive during lockdowns. AMD stock took another big leg up during the summer of 2020. During that time, the stock quickly rocketed to the $85 level. Then the bulls took a much-needed breather for a couple of months. In December, the AMD stock bulls came back and began to push the share price beyond the $90 level. In fact, on Dec. 23, AMD shares hovered near $92 or $93. At that time, however, the trailing 12-month price-to-earnings ratio reached 125. Meanwhile, the trailing 12-month price-to-earnings ratio of rival Intel\u2019s (NASDAQ:INTC) stock was around 9. Therefore, value-focused investors will need to be convinced that AMD stock is worth its price tag. Undeniable Revenue Growth If any AMD shareholders have been concerned about the stock\u2019s valuation, a glance at the company\u2019s fiscal stats should help to put them at ease. Suffice it to say that Advanced Micro Devices\u2019 third quarter was an absolute blockbuster. Even the most optimistic commentators might not have expected the quarterly results that the company posted. Here are the bullet points for Advanced Micro Devices\u2019 third quarter: $2.8 billion in revenues, up 56% year-over-year and 45% quarter-over-quarter Revenues from the computing and graphics segment totaled $1.67 billion, up 31% year-over-year and 22% quarter-over-quarter Net income was $390 million, a huge improvement over the $120 million posted a year ago and $157 million recorded in the prior quarter Diluted earnings per share came to 32 cents,

Predict whether the return of ACWI 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 ACWI starting 2020-12-29 was +0.09%, which classifies as 'flat'.


MTUM over past 60 days: cumulative return +3.0%, annualized vol 25.6%. Market regime: sideways.

Question:
Asset: MTUM
Historical prices (past 60 trading days): start=138.55, end=142.73, cumulative_return=+3.0%, annualized_volatility=25.6%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 260.911, 'unemployment': 6.7, 'gdp_growth_qoq': 20791.917, 't10y2y_spread': 0.72, 't10y3m_spread': 0.82, 'breakeven_10y': 1.72, 'hy_oas': 4.5, 'ig_oas': 1.19, 'ted_spread': 0.13, 'mortgage_30y': 2.84, 'vix': 22.450000762939453}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-11-16] ["A Covid Vaccine Is Coming. Here\u2019s What It Means for the Stock Market. After years of disappointment, a rotation into value-oriented investments from growth could gain traction. International stocks, small-caps, and gold could also climb.", "What GM Recall of the Bolt Electric Vehicle Means for the Stock The recall is tied to a battery charging issue. Recalls don\u2019t usually hit auto maker shares, but this one is worth watching.", "Intel Can Shine Again Repeated manufacturing delays have dented Intel\u2019s reputation. Why the stock is down but not out.", "Facebook Stock Will Continue to Benefit from Online Advertising\u2019s Rebound The online advertising market appears on pace for continued acceleration through the fourth quarter, a J.P. Morgan analyst says.", "Dow, S&P 500 end at record highs Monday as stock market rallies amid further vaccine progress U.S. stocks book a round of fresh records Monday, as a rally fueled by optimism on the COVID-19 vaccine front overshadowed skyrocketing case numbers.", "Warren Buffett\u2019s Berkshire Hathaway Confirms Apple Stock Sale, Buys of Pfizer, Merck Warren Buffett\u2019s Berkshire Hathaway trimmed holdings in Apple, in line with our estimate. It also initiated positions in drug giants AbbVie, Pfizer, and Merck. Berkshire Hathaway also slashed its JPMorgan investment.", "Samsung's latest monitor is a smart TV with PC features It\u2019s the brand\u2019s first smart TV with built-in WiFi, Bluetooth and Wireless DeX capability.", "Ambu A/S: Reporting of transactions made by persons discharging managerial responsibilities Please see attached file. Attachment * 16_11_2020_Michael H\u00f8jgaard II", "How FlyBy Auto Transport Rises to the Top of Its Competitive Industry LOS ANGELES, CA / ACCESSWIRE / November 16, 2020 / Amid the heavily competitive and saturated auto transport market, it all boils down to a company's reliability and performance, leading people to give their trust.", "Moderna reports its COVID-19 vaccine is 94.5% effective in first data from Phase 3 trial Following fast on the heels of Pfizer's announcement of its COVID-19 vaccine efficacy, Moderna is also sharing positive results from its Phase 3 trial on Monday. The biotech company says that its COVID-19 vaccine candidate has shown efficacy of 94.5% in its first interim data analysis, which covers 95 confirmed COVID cases among its study participants, of which 90 were given the placebo, and only 5 received Moderna's mRNA-based vaccine. Further, of 11 severe cases of COVID-19, none were found among those who received the actual vaccine candidate.", "The Morning After: Updating to macOS Big Sur is messing up some MacBook Pros Engadget's daily tech news bulletin.", "Techfugees non-profit brings on new CEO to engage tech industry with refugee issues Techfugees, the global non-profit which advocates the use of technology to aid refugees and displaced people, has appointed tech entrepreneur and Raj Burman as its new CEO. Burman succeeds Jo

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 2020-11-17 was +6.89%, which classifies as 'positive'.


EMB over past 60 days: cumulative return -1.2%, annualized vol 5.9%. Market regime: sideways.

Question:
Asset: EMB
Historical prices (past 60 trading days): start=65.67, end=64.85, cumulative_return=-1.2%, annualized_volatility=5.9%
Macro context: {'fed_funds_rate': 0.14, 'cpi_yoy': 237.498, 'unemployment': 5.0, 'gdp_growth_qoq': 18857.418, 't10y2y_spread': 1.46, 't10y3m_spread': 2.21, 'breakeven_10y': 1.56, 'hy_oas': 5.54, 'ig_oas': 1.66, 'ted_spread': 0.26, 'mortgage_30y': 3.9, 'vix': 22.540000915527344}
Market regime: sideways

Predict whether the return of EMB 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 EMB starting 2015-09-16 was +1.14%, which classifies as 'positive'.


BNB-USD over past 60 days: cumulative return +138.9%, annualized vol 80.8%. Market regime: sideways.

Question:
Asset: BNB-USD
Historical prices (past 60 trading days): start=6.08, end=14.51, cumulative_return=+138.9%, annualized_volatility=80.8%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 254.277, 'unemployment': 3.8, 'gdp_growth_qoq': 20431.641, 't10y2y_spread': 0.17, 't10y3m_spread': 0.18, 'breakeven_10y': 1.91, 'hy_oas': 4.12, 'ig_oas': 1.29, 'ted_spread': 0.2, 'mortgage_30y': 4.41, 'vix': 14.329999923706056}
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 2019-03-12 was +28.45%, 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=76.76, end=77.01, cumulative_return=+0.3%, annualized_volatility=0.2%
Macro context: {'fed_funds_rate': 2.13, 'cpi_yoy': 256.036, 'unemployment': 3.6, 'gdp_growth_qoq': 20843.322, 't10y2y_spread': 0.07, 't10y3m_spread': -0.32, 'breakeven_10y': 1.54, 'hy_oas': 4.47, 'ig_oas': 1.31, 'ted_spread': 0.31, 'mortgage_30y': 3.6, 'vix': 18.46999931335449}
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 2019-08-19 was +0.10%, which classifies as 'flat'.


IVV over past 60 days: cumulative return +5.9%, annualized vol 6.8%. Market regime: sideways.

Question:
Asset: IVV
Historical prices (past 60 trading days): start=245.77, end=260.31, cumulative_return=+5.9%, annualized_volatility=6.8%
Macro context: {'fed_funds_rate': 2.18, 'cpi_yoy': 252.772, 'unemployment': 3.8, 'gdp_growth_qoq': 20304.874, 't10y2y_spread': 0.3, 't10y3m_spread': 0.92, 'breakeven_10y': 2.16, 'hy_oas': 3.16, 'ig_oas': 1.11, 'ted_spread': 0.22, 'mortgage_30y': 4.72, 'vix': 11.609999656677246}
Market regime: sideways
Recent filing/news:
[Kaggle 2018-10-03] Adobe Unveils Major Document Updates, Enhances PDF Experience Adobe Systems IncorporatedADBE is firing on all cylinders to enhance presence in the document management system market on the back of its robust tools and software. The company has recently added useful updates to its Adobe Document Cloud, enabling the users to share and edit portable document format (PDF) files seamlessly and securely. Adobe aims to enrich the PDF user experience with its latest advances in order to gain further traction in this data driven world where e-documentation is of primary importance. Coming to the price performance, shares of Adobe have returned 55.3% on a year-to-date basis, outperforming the industry 's rally of 28.6%. New Updates to Drive Growth The company has introduced central document hub and home view in Acrobat DC which will allow the users of Acrobat DC desktop app, Acrobat Reader mobile app and the new Adobe Document Cloud web app to access the files and documents from one single point. Further, the new updates will offer cross-platform capabilities which will enable the users of Acrobat Pro DC to edit their documents on tablets with touch sensor of the devices similar to desktops. Additionally, the combination of Adobe's Sensei, Adobe Scan and Acrobat DC will aid in filling forms and scanning business cards. Further, with the help of modified Adobe Sign, people can electronically sign PDFs in Acrobat DC. Furthermore, an improvised content review process will help in tracking the activities related to a PDF file such as info on who is sharing the file with how many reviewers. This will ease the collection of feedbacks. Moreover, the new updates will assist in solving the feedbacks within the PDF itself. All these new useful features are likely to strengthen the company's product portfolio. Further, they will attract more users to the company's platform, thus expanding the adoption rate of Adobe Document Cloud. This will aid the subscription revenues, consequently aiding the company's top- line. Adobe Systems Incorporated Revenue (TTM) Adobe Systems Incorporated Revenue (TTM) | Adobe Systems Incorporated Quote Market Opportunities Per a report from MarketsandMarkets, the global document management system market is expected to reach $6.78 billion by 2023 at a CAGR of 11.17% between 2017 and 2023. Adobe's latest updates in Acrobat which offers a set of a cloud-based document and collaboration subscription services, supports centralized online file sharing and contract signing solutions, will aid it in reaping benefits from this potential market. Further, the company's robust Document Cloud will aid the company to rapidly penetrate the document-centric collaboration software market which as per a report from Technavio, is projected to witness a CAGR of more than 10% between 2017 and 2021. Notably, all these will help Adobe to fortify its presence in the rapidly growing cloud market in today's world. Zacks Rank & Stocks to Consider Currently, Adobe car

Predict whether the return of IVV 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 IVV starting 2018-10-04 was -6.12%, which classifies as 'negative'.


XLF over past 60 days: cumulative return -15.9%, annualized vol 26.9%. Market regime: sideways.

Question:
Asset: XLF
Historical prices (past 60 trading days): start=35.32, end=29.70, cumulative_return=-15.9%, annualized_volatility=26.9%
Macro context: {'fed_funds_rate': 1.58, 'cpi_yoy': 294.913, 'unemployment': 3.5, 'gdp_growth_qoq': 22125.625, 't10y2y_spread': -0.04, 't10y3m_spread': 1.03, 'breakeven_10y': 2.29, 'hy_oas': 5.8, 'ig_oas': 1.65, 'ted_spread': 0.09, 'mortgage_30y': 5.7, 'vix': 26.729999542236328}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-07-06] ["Beyond Crypto: This Is the Secret Sauce to Retiring a Millionaire While many would agree that the stock market has been the best tool historically to building long-term wealth, cryptocurrencies have taken that title in the past several years. Bitcoin and Ethereum, for example, have produced trailing five-year returns of 700% and 310%, respectively, compared with the S&P 500's total return of only 73% during that time. But with cryptocurrencies getting absolutely hammered over the past few months, now is a good time to reassess your investment philosophy and the path you want to take to achieve adequate financial returns. And if you want to retire a millionaire, a valid argument can be made that avoiding crypto altogether might be the right course of action now. Image source: Getty Images. Don't chase the shiny object With stories of individuals becoming millionaires virtually overnight by trading digital assets, a fear of missing out can no doubt be the feeling many non-crypto investors have been experiencing. It's human nature. We see others having incredible success doing something and we immediately want to copy that behavior. The problem, however, is that it completely goes against what a rational person should do. What really matters is how much a person is consistently saving, the time until retirement, and their risk tolerance. Building a financial plan that helps one achieve personal goals is the ultimate objective. While some cryptocurrencies have crushed stocks in recent years, they are not the right investment for everyone. For starters, digital assets are ridiculously volatile with daily moves greater than 10% a normal occurrence. And because the sector as a whole just started its teenage years -- Bitcoin was launched in January 2009 -- the potential range of outcomes for the still-nascent asset class is extremely wide. This is too much uncertainty for most to stomach. Furthermore, the lack of regulation with cryptocurrencies, something that is not an issue in the traditional financial system, adds to the level of risk. There are countless stories of scams. And even with legitimate projects, the total risk involved with different crypto enterprises is simply unknown. We're seeing this play out right now, with major crypto hedge fund Three Arrows Capital filing for bankruptcy protection and Voyager Digital, a large crypto brokerage, suspending all trading because of market conditions. It can certainly be tempting to buy into the hype of cryptocurrencies, especially given the monster returns some speculators have achieved by buying digital assets, but a safer approach is to just focus on owning stocks for the long haul. Do this instead There really is no secret to retiring a millionaire. It's actually quite simple. People should start investing at a young age and let compounding take care of the rest. But what's the right way to invest? If you have the time to study and research different businesses, then actively picking stocks might

Predict whether the return of XLF 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 XLF starting 2022-07-07 was +4.79%, which classifies as 'positive'.


MATIC-USD over past 60 days: cumulative return +53.5%, annualized vol 118.1%. Market regime: sideways.

Question:
Asset: MATIC-USD
Historical prices (past 60 trading days): start=0.81, end=1.25, cumulative_return=+53.5%, annualized_volatility=118.1%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 273.91, 'unemployment': 4.7, 'gdp_growth_qoq': 21617.828, 't10y2y_spread': 1.12, 't10y3m_spread': 1.27, 'breakeven_10y': 2.37, 'hy_oas': 3.09, 'ig_oas': 0.9, 'ted_spread': 0.07, 'mortgage_30y': 2.88, 'vix': 19.3700008392334}
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: flat

Explanation: The actual 21-day forward return for MATIC-USD starting 2021-09-14 was -0.17%, which classifies as 'flat'.


BNDX over past 60 days: cumulative return +0.1%, annualized vol 1.6%. Market regime: sideways.

Question:
Asset: BNDX
Historical prices (past 60 trading days): start=42.41, end=42.46, cumulative_return=+0.1%, annualized_volatility=1.6%
Macro context: {'fed_funds_rate': 2.2, 'cpi_yoy': 252.594, 'unemployment': 3.8, 'gdp_growth_qoq': 20304.874, 't10y2y_spread': 0.24, 't10y3m_spread': 0.64, 'breakeven_10y': 1.96, 'hy_oas': 4.29, 'ig_oas': 1.38, 'ted_spread': 0.33, 'mortgage_30y': 4.81, 'vix': 21.520000457763672}
Market regime: sideways

Predict whether the return of BNDX 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 BNDX starting 2018-11-26 was +1.04%, which classifies as 'positive'.


EWJ over past 60 days: cumulative return +6.0%, annualized vol 8.3%. Market regime: sideways.

Question:
Asset: EWJ
Historical prices (past 60 trading days): start=42.88, end=45.46, cumulative_return=+6.0%, annualized_volatility=8.3%
Macro context: {'fed_funds_rate': 0.91, 'cpi_yoy': 244.163, 'unemployment': 4.3, 'gdp_growth_qoq': 19506.949, 't10y2y_spread': 0.8, 't10y3m_spread': 1.14, 'breakeven_10y': 1.71, 'hy_oas': 3.7, 'ig_oas': 1.18, 'ted_spread': 0.26, 'mortgage_30y': 3.89, 'vix': 10.640000343322754}
Market regime: sideways
Recent filing/news:
[Kaggle 2017-06-14] ["Apple, Tesla shares are two of the biggest shorts in the world right now Apple has $9 billion short interest, Tesla, $10 billion When it comes to the value of short interest in its stock, Apple (TICKER:AAPL) ranks third worldwide.", "Apple: Production Estimates Going Higher for iPhone, Says Credit Suisse Apple's production of iPhone is going higher in the second half of the year than previously expected, says Credit Suisse's Kulbinder Garcha, and a higher proportion of the most expensive version of the next iPhone may support higher average prices for the device later this year.", "Why investors ignore long-term alpha and get burned as a result Savita Subramanian: People don\u2019t have patience, and that hurts retail and institutional returns over the long run The strategy that is most likely to earn investors excess return, or alpha, is also the one that is mostly overlooked, because investors have no patience, according to Savita Subramanian, equity and quant strategist at Bank of America Merrill Lynch", "Tesla: Not Competition. Serious Competition. Apple CEO Tim Cook said autonomous driving is a \"core technology.\" One analyst contends that means \"serious competition\" for Tesla.", "Apple V. Tesla: Probably, Apple Will Make a Car, Says Morgan Stanley Apple chief Tim Cook's remarks to Bloomberg yesterday that the company is working on \"autonomous systems\" suggest to Morgan Stanley's Katy Huberty that some day, Apple will make a full-blown car of its own.", "Here\u2019s how to make easy money off the Fed interest-rate decision Wall Street will obsess, but look at Apple for proof of just how little it matters It\u2019s difficult to see how the Fed\u2019s decision has any real meaning for stock-market investors, says Mark Hulbert. Just look at Apple.", "A Turbocharged Trade On Tesla As analysts squabble over the car maker\u2019s future, bold investors can swoop in and realize quick profits.", "'FAANG' stocks swing to losses after Fed raised interest rates Technology stocks turned sharply lower after the Federal Reserve raised interest rates, with most of the \"FAANG\" stocks swinging from gains to losses. Shares of Facebook Inc. dropped 0.7% in afternoon trade, after being up about 0.6% just before the Fed's announcement at 2 p.m. ET. Among other FAANG companies, shares of Apple Inc. extended losses to 1.2% after being down just 0.7% pre-Fed; Amazon.com Inc. swung to a loss of 0.7% from a pre-Fed gain of 0.2%; Netflix Inc. went from a gain of 0.1% pre-Fed to a current decline of 0.8%; Google parent Alphabet Inc. was down 0.5%, reversing a pre-Fed gain of 0.6%. The SPDR Technology Select Sector ETF extended losses to 0.7% from 0.1% pre-Fed. In comparison, the S&P 500 went from a pre-Fed loss of 0.1% to a current loss of 0.2%.", "Jabil Jumps 5% as CEO Sees Growth Across Business in 2018 Jabil Circuit, an important contract manufacturer for Apple, said it expects its best-ever August-ending quarter, after meeting May's financial expectations,

Predict whether the return of EWJ 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 EWJ starting 2017-06-15 was -0.05%, which classifies as 'flat'.


MORT over past 60 days: cumulative return -3.7%, annualized vol 18.9%. Market regime: sideways.

Question:
Asset: MORT
Historical prices (past 60 trading days): start=11.34, end=10.92, cumulative_return=-3.7%, annualized_volatility=18.9%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 282.543, 'unemployment': 4.0, 'gdp_growth_qoq': 21932.71, 't10y2y_spread': 0.89, 't10y3m_spread': 1.66, 'breakeven_10y': 2.48, 'hy_oas': 3.2, 'ig_oas': 0.95, 'ted_spread': 0.14, 'mortgage_30y': 3.22, 'vix': 18.76000022888184}
Market regime: sideways

Predict whether the return of MORT 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 MORT starting 2022-01-10 was -4.57%, which classifies as 'negative'.


IVV over past 60 days: cumulative return +2.8%, annualized vol 14.2%. Market regime: sideways.

Question:
Asset: IVV
Historical prices (past 60 trading days): start=427.22, end=439.23, cumulative_return=+2.8%, annualized_volatility=14.2%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 282.543, 'unemployment': 4.0, 'gdp_growth_qoq': 21932.71, 't10y2y_spread': 0.79, 't10y3m_spread': 1.65, 'breakeven_10y': 2.44, 'hy_oas': 3.09, 'ig_oas': 0.97, 'ted_spread': 0.11, 'mortgage_30y': 3.45, 'vix': 19.190000534057617}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-01-14] ["3 Downtrodden Stocks to Sell Before It Gets Worse InvestorPlace - Stock Market News, Stock Advice & Trading Tips Downtrends are multiplying across the land, and bears\u2019 ranks are swelling. Despite the fact that the Nasdaq Composite still sitting a stone\u2019s throw from its peak, some 40% of the index has been cut in half. There\u2019s trouble beneath the surface, making for narrowing leadership and, ultimately, more vulnerability. I scanned my watchlist of the downtrodden and discovered three ugly stocks to sell before they get worse. And you don\u2019t need to perform any mental gymnastics to grasp why lower prices are in the offing. The stocks below are stuck in nasty downtrends. And that matters greatly because trend direction is the most important of all technical signals. It sits atop the hierarchy of charting, demanding deference from all who employ technical analysis. In short, you\u2019re far better off betting with the trend than against it. 7 Undervalued Stocks to Buy Before Wall Street Catches On That said, here are three struggling stocks that are poised for lower prices. PayPal (NASDAQ:PYPL) Snapchat (NYSE:SNAP) Adobe (NASDAQ:ADBE) Let\u2019s review each chart in greater detail and map out a smart options trade you can use to bank on further weakness. Downtrodden Stocks to Sell: PayPal (PYPL) Source: The thinkorswim\u00ae platform from TD Ameritrade Distance from Peak: -43% PayPal could still fall a great distance despite getting cut nearly in half. Going into the 2020 pandemic, PYPL was sitting at $125, another $50 lower from here. Over the past six weeks, the daily downtrend has slowed and formed a sideways trading range. But instead of powering to the top side and building a compelling bullish breakout, it\u2019s knocking heavily on the lower-end. The $177 support shelf has held long enough to where its failure would prove a significant breakdown. If previous support breaks are any indication, we could see a swift move down to $160 if sellers press their bets. Given the higher volatility of the stock, I suggest using a spread trade over buying puts outright. The Trade: Buy the Feb $175/$160 put vertical for $4.75. You\u2019re risking $4.75 to make $10.25 if PYPL stock falls to $160 by expiration. Snap (SNAP) Source: The thinkorswim\u00ae platform from TD Ameritrade Distance from Peak: -56% Snap\u2019s unraveling following last quarter\u2019s earnings report has been deathly. For a single announcement to cause the stock to drop over 50% within a single quarter is horrific and speaks to just how much the Street hated the numbers. Prices are now submerged deep beneath all major moving averages. Once again, it\u2019s tempting to argue SNAP stock is down so much that it can\u2019t go lower. But like PayPal, it was way, way lower before the pandemic. Shareholders are hoping the quarterly report on Feb. 3 saves them. For now, I think the downtrend continues. Prices are down big over the past three days, so if you want to wait for

Predict whether the return of IVV 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 IVV starting 2022-01-17 was -2.18%, which classifies as 'negative'.


BNB-USD over past 60 days: cumulative return +522.4%, annualized vol 162.2%. Market regime: sideways.

Question:
Asset: BNB-USD
Historical prices (past 60 trading days): start=40.92, end=254.66, cumulative_return=+522.4%, annualized_volatility=162.2%
Macro context: {'fed_funds_rate': 0.07, 'cpi_yoy': 264.961, 'unemployment': 6.1, 'gdp_growth_qoq': 21082.134, 't10y2y_spread': 1.48, 't10y3m_spread': 1.58, 'breakeven_10y': 2.27, 'hy_oas': 3.55, 'ig_oas': 1.02, 'ted_spread': 0.14, 'mortgage_30y': 3.05, 'vix': 20.030000686645508}
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 2021-03-16 was +56.37%, which classifies as 'positive'.


BTC-USD over past 60 days: cumulative return -10.8%, annualized vol 47.0%. Market regime: sideways.

Question:
Asset: BTC-USD
Historical prices (past 60 trading days): start=8205.94, end=7321.99, cumulative_return=-10.8%, annualized_volatility=47.0%
Macro context: {'fed_funds_rate': 1.56, 'cpi_yoy': 258.63, 'unemployment': 3.6, 'gdp_growth_qoq': 20985.448, 't10y2y_spread': 0.22, 't10y3m_spread': 0.23, 'breakeven_10y': 1.65, 'hy_oas': 4.03, 'ig_oas': 1.11, 'ted_spread': 0.33, 'mortgage_30y': 3.68, 'vix': 14.90999984741211}
Market regime: sideways

Predict whether the return of BTC-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 BTC-USD starting 2019-12-03 was +0.03%, which classifies as 'flat'.


SHV over past 60 days: cumulative return -0.0%, annualized vol 0.1%. Market regime: sideways.

Question:
Asset: SHV
Historical prices (past 60 trading days): start=94.10, end=94.09, cumulative_return=-0.0%, annualized_volatility=0.1%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 260.319, 'unemployment': 6.9, 'gdp_growth_qoq': 20791.917, 't10y2y_spread': 0.64, 't10y3m_spread': 0.68, 'breakeven_10y': 1.68, 'hy_oas': 5.18, 'ig_oas': 1.4, 'ted_spread': 0.12, 'mortgage_30y': 2.88, 'vix': 27.959999084472656}
Market regime: sideways

Predict whether the return of SHV 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 SHV starting 2020-10-06 was -0.00%, which classifies as 'flat'.


VEA over past 60 days: cumulative return +8.3%, annualized vol 9.9%. Market regime: sideways.

Question:
Asset: VEA
Historical prices (past 60 trading days): start=32.55, end=35.24, cumulative_return=+8.3%, annualized_volatility=9.9%
Macro context: {'fed_funds_rate': 1.55, 'cpi_yoy': 257.879, 'unemployment': 3.6, 'gdp_growth_qoq': 20985.448, 't10y2y_spread': 0.25, 't10y3m_spread': 0.31, 'breakeven_10y': 1.66, 'hy_oas': 4.05, 'ig_oas': 1.12, 'ted_spread': 0.37, 'mortgage_30y': 3.69, 'vix': 13.0}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-11-13] ["The 2020 Hyundai Palisade: all-new 3-row SUV is comfortable and stylish A worthy successor to Hyundai\u2019s Santa Fe The bigger, more powerful, more luxurious SUV has a comfy third row but only one powertrain.", "$700 Quintillion Is Way Too Much to Pay for an Asteroid NASA has plans to visit an asteroid worth in the neighborhood of $700 quintillion. Yet even if it was somehow hauled back to earth, it wouldn\u2019t make everyone rich.", "Apple unveils new 16-inch MacBook Pro with Retina Display", "Apple's new MacBook Pro to start at $2,399", "Apple introduces new Mac Pro starting at $5,999 and Pro Display XDR starting at $4,999", "Apple Unveils New 16-inch MacBook Pro Laptop The 16-inch MacBook Pro laptop checks in with a starting price of $2,399, and, depending on options, goes up from there.", "Google Is Getting Into Banking. That\u2019s Not as Crazy as It Sounds. The accounts will be offered through Citigroup and a Stanford University credit union, beginning in 2020.", "Disney+ Needs a Smash Hit. \u2018The Mandalorian\u2019 Star Wars Series Just Might Be It. Many fans have lamented the direction of the \u2018Star Wars\u2019 franchise, calling out the repetitive plots and cheesy dialogue. Thankfully, The Mandalorian, centered around a bounty hunter, is different.", "AMD stock touches highest price in 13 years, leads S&P 500 gains for year Advanced Micro Devices Inc. shares touched their highest price in more than a dozen years Wednesday and have more than doubled over the year. AMD shares were last up 2.4% at $37.58, after touching an intraday high of $37.96, their highest price since March 21, 2006, when shares priced at $38, according to FactSet data. Year to date, AMD shares are up nearly 104%, making them 2019's best performer so far on the S&P 500 index , which is up more than 23%. Second and third place go to chip-equipment makers Lam Research Corp. and KLA Corp. , respectively, shares of which have nearly doubled over the year. The PHLX Semiconductor Index is up 50% year-to-date. Shares of AMD rival Nvidia Corp. , which reports earnings on Thursday, are up nearly 57% for the year. AMD announced Wednesday that Apple Inc.'s new 16-inch MacBook Pro will feature the company's 7-nanometer Radeon Pro 5500M and 5300M mobile graphics processing units.", "Disney Stock Jumps After Big First Day for Disney+ The company said it has already secured 10 million subscribers for the new streaming service.", "These tech companies are staying flush despite concerns that Corporate America\u2019s cash pile is set to dwindle this year Seven tech companies held 41% of the total cash among U.S. corporations in 2019 Even as cash stockpiles continue to dwindle at corporations, a select few tech firms have hoarded a chunk of these reserves", "Cisco Stock Gets a Thumbs-Up Ahead of Earnings Report RBC Capital launched coverage of Cisco Systems stock, saying it\u2019s a buy just ahead of the company\u2019s October quarter earnings report.", "Apple's stock surges 0.

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 2019-11-14 was +2.57%, which classifies as 'positive'.


IGOV over past 60 days: cumulative return +3.2%, annualized vol 6.2%. Market regime: sideways.

Question:
Asset: IGOV
Historical prices (past 60 trading days): start=48.46, end=50.01, cumulative_return=+3.2%, annualized_volatility=6.2%
Macro context: {'fed_funds_rate': 2.12, 'cpi_yoy': 256.036, 'unemployment': 3.6, 'gdp_growth_qoq': 20843.322, 't10y2y_spread': 0.01, 't10y3m_spread': -0.45, 'breakeven_10y': 1.54, 'hy_oas': 4.25, 'ig_oas': 1.25, 'ted_spread': 0.21, 'mortgage_30y': 3.55, 'vix': 19.8700008392334}
Market regime: sideways

Predict whether the return of IGOV 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 IGOV starting 2019-08-26 was -0.84%, which classifies as 'flat'.


ACWI over past 60 days: cumulative return +2.4%, annualized vol 9.1%. Market regime: sideways.

Question:
Asset: ACWI
Historical prices (past 60 trading days): start=49.14, end=50.33, cumulative_return=+2.4%, annualized_volatility=9.1%
Macro context: {'fed_funds_rate': 0.66, 'cpi_yoy': 243.618, 'unemployment': 4.7, 'gdp_growth_qoq': 19398.343, 't10y2y_spread': 1.23, 't10y3m_spread': 1.92, 'breakeven_10y': 1.98, 'hy_oas': 4.13, 'ig_oas': 1.28, 'ted_spread': 0.47, 'mortgage_30y': 4.32, 'vix': 12.850000381469728}
Market regime: sideways
Recent filing/news:
[Kaggle 2017-01-03] ["Seven highly valued tech startups that could IPO in 2017 Unicorns like Snap and Spotify are expected to reach Wall Street in 2017, but what about Uber, Lyft, Airbnb, Dropbox and Palantir? After a dismal year for IPOs, investors expects to see more billion dollar startups test the public market or at least make moves in that direction.", "Go after these long-term stock plays in 2017 \u2014 don\u2019t chase what already happened Critical information for the U.S. trading day The new year has kicked off with what looks like a bright start for stocks, but investors should check their desire to chase the market at the door. Our call of the day offers these ideas for investing in some themes that will deliver.", "Intel seeks German digital-map venture stake BERLIN-- Intel Corp. is positioning itself to join BMW AG, Daimler AG and Volkswagen AG's Audi unit in developing navigation technology for self-driving cars. The U.S. tech bellwether filed a request for regulatory approval in Germany to make a strategic acquisition of a minority stake in the digital-mapping service Here International B.V., the Berlin-based company that Germany's big-three car makers bought from Nokia in 2015 for about EUR2.5 billion ($2.6 billion).", "CES 2017: Can Virtual Reality Finally Go Mainstream? For VR, 2016 was supposed to be the year when everything came together. But VR headsets remain bulky, expensive, and nausea inducing. What to expect in 2017.", "Virtual Reality Fertile Ground for Loup Ventures Despite Failures Thus Far A couple weeks ago I spoke by phone with former analyst , who left the firm after many years being a star analyst on (AAPL) to become a venture capitalist, along with colleagues and .Their firm, , will invest in four areas, , , , and , which they sees as among the most promising tech trends of the next several years. They want to combin investment with dissemination of research notes like they have done as sell-side analysts.More info is available on their Web site.I was interested to talk with the trio because my own experience with virtual reality, related in this space, is that it's at best immature as a consumer product, and at worst, it just plain sucks.", "As India Investment Slumps, Will GDP Follow? Announcements about new investments in India declined in the quarter ending December 30, continuing a stubborn quarterly trend.Add demonetization to the mix, and one has to ask if expectations for India's economy are too elevated. Read More>>", "Intel buys 15% stake in German digital-map co. Intel Corp. is acquiring a 15% stake in Here International B.V. for an undisclosed sum, joining the digital mapmaker's core shareholders BMW AG, Daimler AG and Volkswagen AG's Audi unit in developing navigation technology for self-driving cars.", "Apple\u2019s Key Risk: Nokia Litigation The beginning of the year will likely be quiet in terms of legal outcomes, but the second half could bring volatility.", "Meet the world\u2019s friendliest home robot Kuri, deve

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 2017-01-04 was +2.01%, which classifies as 'positive'.


BTC-USD over past 60 days: cumulative return +0.0%, annualized vol 15.8%. Market regime: sideways.

Question:
Asset: BTC-USD
Historical prices (past 60 trading days): start=3599.77, end=3599.77, cumulative_return=+0.0%, annualized_volatility=15.8%
Macro context: {'fed_funds_rate': 0.4, 'cpi_yoy': 241.741, 'unemployment': 4.9, 'gdp_growth_qoq': 19304.352, 't10y2y_spread': 0.9, 't10y3m_spread': 1.4, 'breakeven_10y': 1.63, 'hy_oas': 4.76, 'ig_oas': 1.38, 'ted_spread': 0.56, 'mortgage_30y': 3.42, 'vix': 13.479999542236328}
Market regime: sideways

Predict whether the return of BTC-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 BTC-USD starting 2016-10-10 was +0.00%, which classifies as 'flat'.


EEM over past 60 days: cumulative return +1.8%, annualized vol 14.6%. Market regime: sideways.

Question:
Asset: EEM
Historical prices (past 60 trading days): start=30.81, end=31.37, cumulative_return=+1.8%, annualized_volatility=14.6%
Macro context: {'fed_funds_rate': 0.13, 'cpi_yoy': 237.657, 'unemployment': 5.3, 'gdp_growth_qoq': 18782.243, 't10y2y_spread': 1.61, 't10y3m_spread': 2.25, 'breakeven_10y': 1.86, 'hy_oas': 4.73, 'ig_oas': 1.44, 'ted_spread': 0.27, 'mortgage_30y': 4.0, 'vix': 13.960000038146973}
Market regime: sideways
Recent filing/news:
[Kaggle 2015-06-19] ["Maxim Integrated, others named as potential Texas Instruments target", "Maxim Integrated, others named as potential Texas Instruments target", "Analog Devices Inc. Reportedly Wins a Design Inside the Next Apple Inc. iPhone According to Barron's , Citigroup analyst Chris Danely said chipmaker Analog Devices has \"likely won a slot in Apple 's next iPhone.\" This win could positively impact Analog Devices' revenue and profit in 2016, according to the report. Let's take a closer look at what Danely had to say. What's this design win worth? Danely said this win could be worth $160 million in revenue to Analog Devices in 2016, adding about 4% to the company's expected top line for the year. The analyst estimated the deal's operating margin at 23.5%, lower than the 32.4% company-wide operating profit margin he expects for the full year. To explain his relatively low margin expectation for the deal, Danely said margins from \"high volume consumer products and large customers such as Apple\" are generally lower than \"high-performance analog products for industrial applications.\" At any rate, the deal is still expected to be accretive to both revenue and earnings. Concordant with that view, Danely raised his 2016 earnings-per-share estimate for Analog by about 2.7%, from $2.98 to $3.06. A \"low-quality\" win? Danely noted that although the iPhone win should \"boost revenue and [earnings per share] in a meaningful and material way\" for Analog, that Citi has \"a lot of concern on the long-term quality\" of this new revenue. \"Apple is notorious for giving and taking away large design wins,\" Danely wrote in his research note. He added that Analog Devices has previously had \"large design wins\" with Apple that \"ended abruptly.\" Those design-outs eventually led to \"downside to Consensus estimates and the stock selling off,\" he noted. This isn't the first time we've heard of this win, though Analog Devices is up \"just\" 1.44% following the publication of this research note as of this writing. The Nasdaq index is up 1.35% and the iShares PHLX Semiconductor ETF is up 1.5%, meaning Analog Devices shares aren't outperforming the relevant indices due to this news. This is likely because the Apple win for future iPhones -- and possibly also iPads -- was already reported by analysts at Barclays (via MarketWatch) back in March. Analog Devices shares rallied by about 10% following that initial report. Additionally, at that time the Barclays analyst claimed that the wins at Apple for \"high accuracy\" analog-to-digital converters inside next-generation iPhones and iPads to enable Force Touch would add \"at least\" $0.80 to the company's 2016 earnings per share. It's not surprising, then, that a separate confirmation of news that is already \"known\" wouldn't move the stock much, if at all. Investment takeaway It seems as though Analog Devices has won a spot inside the next-generation iPhone. I'd argue that winning this spot is good, although the company will

Predict whether the return of EEM 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 EEM starting 2015-06-22 was -5.87%, which classifies as 'negative'.


BNDX over past 60 days: cumulative return +0.3%, annualized vol 3.7%. Market regime: sideways.

Question:
Asset: BNDX
Historical prices (past 60 trading days): start=38.39, end=38.52, cumulative_return=+0.3%, annualized_volatility=3.7%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 238.033, 'unemployment': 5.1, 'gdp_growth_qoq': 18857.418, 't10y2y_spread': 1.47, 't10y3m_spread': 2.13, 'breakeven_10y': 1.63, 'hy_oas': 5.7, 'ig_oas': 1.69, 'ted_spread': 0.27, 'mortgage_30y': 3.84, 'vix': 28.43000030517578}
Market regime: sideways

Predict whether the return of BNDX 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 BNDX starting 2015-09-01 was +0.55%, which classifies as 'flat'.


LINK-USD over past 60 days: cumulative return +289.4%, annualized vol 102.4%. Market regime: sideways.

Question:
Asset: LINK-USD
Historical prices (past 60 trading days): start=4.17, end=16.24, cumulative_return=+289.4%, annualized_volatility=102.4%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 259.316, 'unemployment': 8.4, 'gdp_growth_qoq': 20558.879, 't10y2y_spread': 0.53, 't10y3m_spread': 0.58, 'breakeven_10y': 1.68, 'hy_oas': 5.26, 'ig_oas': 1.37, 'ted_spread': 0.16, 'mortgage_30y': 2.96, 'vix': 21.51000022888184}
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: negative

Explanation: The actual 21-day forward return for LINK-USD starting 2020-08-19 was -23.79%, which classifies as 'negative'.


XLRE over past 60 days: cumulative return +1.3%, annualized vol 13.1%. Market regime: sideways.

Question:
Asset: XLRE
Historical prices (past 60 trading days): start=39.14, end=39.63, cumulative_return=+1.3%, annualized_volatility=13.1%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 276.55, 'unemployment': 4.5, 'gdp_growth_qoq': 21988.737, 't10y2y_spread': 1.16, 't10y3m_spread': 1.47, 'breakeven_10y': 2.52, 'hy_oas': 3.18, 'ig_oas': 0.9, 'ted_spread': 0.07, 'mortgage_30y': 3.05, 'vix': 16.860000610351562}
Market regime: sideways
Recent filing/news:
[Kaggle 2021-10-14] ["Apple extends repair program for crackling AirPods Pro buds for one more year Apple's repair program for AirPods Pro units with crackling sounds gets extended until October 2022.", "AI shopping assistant Karma raises $25 million in Series A funding led by Target Global AI shopping assistant and shopping network Karma announced that it has raised $25 million in Series A funding led by Target Global followed by MoreTech Ventures, with participation from existing investors including NFX and Altair Capital. Karma allows users to plan their next online purchases, get notified about real-time price and inventory updates, access coupons and earn automatic cashback. The Tel Aviv-based company was founded in 2014 by Jonathan Freidman and Ronen Yuval-Hoch as a simple bookmarklet tool to help consumers save and track products.", "The Morning After: Apple Watch Series 7, reviewed Today\u2019s headlines: Apple may be exploring ways to use AirPods as health devices, Facebook\u2019s latest effort to curtail leaks immediately leaked, William Shatner becomes the oldest person to reach space.", "Apple's rumored AirPods would be just its latest attempt to make you healthier Apple is reportedly moving deeper into the health care industry with a new pair of AirPods.", "What to expect from Apple\u2019s October 18th \u2018Unleashed\u2019 event We take a look at everything we could potentially see Apple announce during its upcoming October 18th hardware event.", "What chip shortage? MagicCube raises $15M to 'replace all chips,' starting with POS terminals MagicCube, a mobile security startup, has raised $15 million in a round led by Mosaik Partners. Bold Capital, Epic Ventures, card-reader/POS hardware maker ID Tech and unnamed individual investors in the fintech space also participated in the financing, which brings the Santa Clara-based startup\u2019s total funding raised to $30 million since its 2014 inception. Put simply, MagicCube\u2019s software-based security technology is aimed at replacing all security chips, which have historically been the standard for safely storing sensitive data and authenticating whoever needs access to it.", "WhatsApp now lets users encrypt their chat backups in the cloud WhatsApp is beginning to roll out a new feature that will provide its two billion users the option to encrypt their chat history backup in iCloud or Google Drive, patching a major loophole that has been exploited by governments to obtain and review private communication between individuals. WhatsApp has long end-to-end encrypted chats between users on its app. It has been widely reported that law enforcement agencies across the globe have been able to access the private communications between suspect individuals on WhatsApp by exploiting this loophole.", "Senate bill would prevent tech companies from favoring their products over rivals Senators are introducing a bipartisan bill that would prevent Amazon, Apple and others from prioritizing their own products on their p

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 2021-10-15 was +4.89%, which classifies as 'positive'.


DBB over past 60 days: cumulative return +17.4%, annualized vol 18.2%. Market regime: sideways.

Question:
Asset: DBB
Historical prices (past 60 trading days): start=17.44, end=20.48, cumulative_return=+17.4%, annualized_volatility=18.2%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 276.55, 'unemployment': 4.5, 'gdp_growth_qoq': 21988.737, 't10y2y_spread': 1.18, 't10y3m_spread': 1.54, 'breakeven_10y': 2.56, 'hy_oas': 3.12, 'ig_oas': 0.89, 'ted_spread': 0.07, 'mortgage_30y': 3.05, 'vix': 16.299999237060547}
Market regime: sideways

Predict whether the return of DBB 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 DBB starting 2021-10-18 was -11.90%, which classifies as 'negative'.


XLY over past 60 days: cumulative return -12.9%, annualized vol 27.4%. Market regime: sideways.

Question:
Asset: XLY
Historical prices (past 60 trading days): start=52.42, end=45.64, cumulative_return=-12.9%, annualized_volatility=27.4%
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': 0.15, 'breakeven_10y': 1.68, 'hy_oas': 5.44, 'ig_oas': 1.63, 'ted_spread': 0.44, 'mortgage_30y': 4.51, 'vix': 25.450000762939453}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-01-03] ["Apple cuts holiday sales forecast on iPhone and China weakness, stock falls 8% CEO Tim Cook cites weaker-than-expected iPhone sales, China economy in reducing revenue forecast Apple Inc. lowered its holiday-quarter revenue forecast Wednesday afternoon, largely due to slowing iPhone sales and pressure in China.", "Asian markets mostly down as Apple\u2019s warning weighs on tech stocks Apple suppliers hit hard after tech giant cuts sales forecast Asian markets were mostly lower Thursday after tumbling more than 1% on the first trading day of 2019.", "Apple's stock tumbles 8.9% premarket after revenue warning late Monday", "Apple's stock on track to open at lowest level since July 2017", "Apple stock price target cut to $200 from $275 at Wedbush", "Apple stock price target cut to $187 from $222 at Piper Jaffray", "Dow Set to Tumble as Apple Wrecks Any Chance for a Rally After battling back into positive territory on Wednesday, it would have been nice to see the market gain even more on Thursday. Apple\u2019s drop virtually guarantees that won\u2019t happen.", "Copper falls as data signals China slowdown LONDON--Copper prices were under pressure Thursday, after a surprise cut to Apple's sales forecast in China pointed to slowing growth in the country just a day after a measure of Chinese manufacturing activity fell into contraction territory.", "Apple stock price target cut to $228 from $266 at J.P. Morgan", "Apple's stock plunge cuts about 90 points off Dow's price The plunge in Apple Inc.'s stock in Thursday's premarket, following the technology giant's revenue warning, is the biggest reason for the selloff in Dow Jones Industrial Average futures , but it's not the only reason. Apple shares shed 8.5% ahead of the open, putting them on track to open at the lowest level seen during regular-session hours since July 2017. The price decline would shave about 91 points off the Dow's price , while Dow futures 332 dropped points. All 27 of the Dow components trading in the premarket are losing ground.", "Apple stock price target cut to $200 from $300 at Monness Crespi Hardt", "Apple average analyst stock price target drops to $198.18 from $215.91 on Monday--FactSet", "Lumentum's stock tumbles 7.3% premarket in wake of Apple's revenue warning", "Apple downgraded to hold from buy at Jefferies", "Apple stock price target cut to $160 from $225 at Jefferies", "Apple Supplier Stocks Saw Problems Coming Even if the Market Didn\u2019t Shares in Apple suppliers have been taking it on the chin since reports surfaced that the tech giant was slashing orders for iPhone components.", "Apple's average stock price target slashed to 9-month low Apple Inc.'s revenue warning has prompted a host of Wall Street analysts to slash their stock price targets, bringing the average target down to the lowest level since April 2018. The smartphone maker's stock tumbled 8.2% in premarket trade, putting it on track to open at the lowest level seen during regular-session hours since Ju

Predict whether the return of XLY 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 XLY starting 2019-01-04 was +7.00%, which classifies as 'positive'.


ADA-USD over past 60 days: cumulative return -13.8%, annualized vol 52.0%. Market regime: sideways.

Question:
Asset: ADA-USD
Historical prices (past 60 trading days): start=0.45, end=0.39, cumulative_return=-13.8%, annualized_volatility=52.0%
Macro context: {'fed_funds_rate': 3.08, 'cpi_yoy': 298.007, 'unemployment': 3.6, 'gdp_growth_qoq': 22278.345, 't10y2y_spread': -0.34, 't10y3m_spread': -0.17, 'breakeven_10y': 2.45, 'hy_oas': 4.76, 'ig_oas': 1.68, 'ted_spread': 0.09, 'mortgage_30y': 7.08, 'vix': 27.38999938964844}
Market regime: sideways
Recent filing/news:
[Kaggle 2022-10-27]

Predict whether the return of ADA-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 ADA-USD starting 2022-10-28 was -19.35%, which classifies as 'negative'.


FXI over past 60 days: cumulative return +10.2%, annualized vol 14.8%. Market regime: sideways.

Question:
Asset: FXI
Historical prices (past 60 trading days): start=34.07, end=37.54, cumulative_return=+10.2%, annualized_volatility=14.8%
Macro context: {'fed_funds_rate': 1.55, 'cpi_yoy': 258.63, 'unemployment': 3.6, 'gdp_growth_qoq': 20985.448, 't10y2y_spread': 0.29, 't10y3m_spread': 0.34, 'breakeven_10y': 1.75, 'hy_oas': 3.52, 'ig_oas': 1.01, 'ted_spread': 0.39, 'mortgage_30y': 3.73, 'vix': 12.609999656677246}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-12-23] ["Apple\u2019s AirPods Will Be Hot in 2020, but Sales May Die Off Quickly Like They Did With iPads, Analyst Says Despite exuberance for next year, there\u2019s some doubt that people who buy Apple\u2019s iPhones second hand would be willing to fork over $150 for a set of AirPods to match, a Bernstein analyst says.", "Apple price target lifted to $350 from $325 at Wedbush, outperform stock rating maintained", "Apple iPhone demand will soar in 2020 with launch of 5G, say Wedbush analysts Demand for the Apple Inc. iPhone is poised to skyrocket thanks to new 5G devices, according to Wedbush analysts, who raised their price target to $350 from $325 and maintained their outperform stock rating in a Monday note. Apple faced a number of challenges at the start of 2019, including smartphone competition, diminished demand in China and a lack of 5G innovation. Now, China is in better shape, Apple has settled its lawsuit with Qualcomm and brought the iPhone 11 to market. \"We believe iPhone 11 is just the front end of this current 'supercycle' for Cupertino with a slate of 5G smartphones set to be unveiled in September that will open up the floodgates on iPhone upgrades across the board that the Street continues to underestimate,\" analysts wrote. Analysts say five versions of the iPhone will launch in 2020 and \"supplier checks indicate a double digit increase for expectations for overall units (10%+ year-over-year).\" Wedbush thinks 200 million units will be the \"starting point\" with 350 million iPhones within range for an upgrade. Apple stock us up 85.4% over the past year while the S&P 500 index has gained 33.3% and the Dow Jones Industrial Average is up 26.8% for the period.", "Buy Apple Stock Ahead of 5G iPhone \u2018Supercycle,\u2019 Says Wedbush Analyst Wedbush analyst Dan Ives repeated his Overweight rating on Apple stock, lifting his price target to a Street-high $350, from $325, ahead of what he expects will be spectacular growth for the iPhone starting late in 2020.", "\u2018What kind of fancy a\u2014 child\u2019 plays with a Fisher-Price charcuterie set? Shoppers are split over whether this Mattel toy is too fancy for kids \u2014 but it\u2019s far from \u2018bougie\u2019-est option out there Shoppers are split on whether this Mattel toy is too fancy for kids \u2014 but there\u2019s even more bougie baby gifts out there.", "Dow jumps 87 points on gains in Boeing, 3M shares", "Popular chat app ToTok is spyware from UAE government: report Emirates said to use app to track users, spy on human rights activists A chat app that quickly became popular in the United Arab Emirates for communicating with friends and family is actually a spying tool used by the government to track its users, according to a newspaper report.", "Plenty of Fish app was leaking users' hidden names and postal codes Dating app Plenty of Fish has pushed out a fix for its app after a security researcher found it was leaking information that users had set to \"private\" on their p

Predict whether the return of FXI 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 FXI starting 2019-12-24 was -1.79%, which classifies as 'negative'.


VEA over past 60 days: cumulative return +17.2%, annualized vol 19.0%. Market regime: sideways.

Question:
Asset: VEA
Historical prices (past 60 trading days): start=29.11, end=34.12, cumulative_return=+17.2%, annualized_volatility=19.0%
Macro context: {'fed_funds_rate': 0.1, 'cpi_yoy': 258.352, 'unemployment': 10.2, 'gdp_growth_qoq': 20558.879, 't10y2y_spread': 0.45, 't10y3m_spread': 0.48, 'breakeven_10y': 1.51, 'hy_oas': 5.27, 'ig_oas': 1.4, 'ted_spread': 0.16, 'mortgage_30y': 3.01, 'vix': 25.440000534057617}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-07-28] ["AMD forecasts current-quarter sales above estimates July 28 (Reuters) - Advanced Micro Devices Inc AMD.O on Tuesday forecast current-quarter revenue above Wall Street expectations, driven by a surge in chip demand from data-center operators and PC makers scrambling to meet coronavirus-induced remote work needs. The company expects third-quarter revenue to be about $2.55 billion, plus or minus $100 million, compared to analysts' average estimate of $2.32 billion, according to IBES data from Refinitiv. (Reporting by Munsif Vengattil in Bengaluru and Stephen Nellis in San Francisco; Editing by Sriraj Kalluvila and Maju Samuel) ((munsif.vengattil@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "After Hours Most Active for Jul 28, 2020 : KODK, AMD, INTC, AMC, BGFV, HBAN, QQQ, BAC, EBAY, AMCR, VICI, AEO The NASDAQ 100 After Hours Indicator is up 42.42 to 10,705.4. The total After hours volume is currently 103,219,306 shares traded. The following are the most active stocks for the after hours session: Eastman Kodak Company (KODK) is +5.27 at $13.21, with 21,152,582 shares traded., following a 52-week high recorded in today's regular session. Advanced Micro Devices, Inc. (AMD) is +6.99 at $74.60, with 15,821,275 shares traded., following a 52-week high recorded in today's regular session. Intel Corporation (INTC) is -0.27 at $48.97, with 6,100,316 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2020. The consensus EPS forecast is $1.07. INTC's current last sale is 81.62% of the target price of $60. AMC Entertainment Holdings, Inc. (AMC) is -0.12 at $4.03, with 3,036,668 shares traded. AMC's current last sale is 100.75% of the target price of $4. Big 5 Sporting Goods Corporation (BGFV) is +1.81 at $6.28, with 2,509,705 shares traded. Reuters Reports: BUZZ-U.S. STOCKS ON THE MOVE-Anthem, General Dynamics, Superior Group Huntington Bancshares Incorporated (HBAN) is +0.06 at $9.19, with 2,373,403 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2020. The consensus EPS forecast is $0.21. HBAN's current last sale is 91.9% of the target price of $10. Invesco QQQ Trust, Series 1 (QQQ) is +0.92 at $257.73, with 2,220,810 shares traded. This represents a 56.27% increase from its 52 Week Low. Bank of America Corporation (BAC) is +0.03 at $24.39, with 2,148,501 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2020. The consensus EPS forecast is $0.41. BAC's current last sale is 90.33% of the target price of $27. eBay Inc. (EBAY) is -1.85 at $54.50, with 2,139,650 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2020. The consensus EPS fo

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 2020-07-29 was +1.75%, which classifies as 'positive'.


DOT-USD over past 60 days: cumulative return -61.4%, annualized vol 151.4%. Market regime: sideways.

Question:
Asset: DOT-USD
Historical prices (past 60 trading days): start=41.53, end=16.01, cumulative_return=-61.4%, annualized_volatility=151.4%
Macro context: {'fed_funds_rate': 0.1, 'cpi_yoy': 271.903, 'unemployment': 5.4, 'gdp_growth_qoq': 21617.828, 't10y2y_spread': 1.2, 't10y3m_spread': 1.39, 'breakeven_10y': 2.33, 'hy_oas': 3.04, 'ig_oas': 0.87, 'ted_spread': 0.09, 'mortgage_30y': 2.98, 'vix': 15.06999969482422}
Market regime: sideways

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 2021-07-05 was -8.43%, which classifies as 'negative'.


ICSH over past 60 days: cumulative return +0.1%, annualized vol 0.4%. Market regime: sideways.

Question:
Asset: ICSH
Historical prices (past 60 trading days): start=39.38, end=39.44, cumulative_return=+0.1%, annualized_volatility=0.4%
Macro context: {'fed_funds_rate': 1.07, 'cpi_yoy': 247.284, 'unemployment': 4.2, 'gdp_growth_qoq': 19882.352, 't10y2y_spread': 0.64, 't10y3m_spread': 1.15, 'breakeven_10y': 1.86, 'hy_oas': 3.61, 'ig_oas': 1.03, 'ted_spread': 0.24, 'mortgage_30y': 3.9, 'vix': 11.279999732971191}
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 2017-12-01 was +0.08%, which classifies as 'flat'.


EEM over past 60 days: cumulative return -8.7%, annualized vol 17.7%. Market regime: sideways.

Question:
Asset: EEM
Historical prices (past 60 trading days): start=40.32, end=36.80, cumulative_return=-8.7%, annualized_volatility=17.7%
Macro context: {'fed_funds_rate': 1.91, 'cpi_yoy': 251.018, 'unemployment': 4.0, 'gdp_growth_qoq': 20150.476, 't10y2y_spread': 0.35, 't10y3m_spread': 0.95, 'breakeven_10y': 2.12, 'hy_oas': 3.4, 'ig_oas': 1.24, 'ted_spread': 0.42, 'mortgage_30y': 4.62, 'vix': 13.350000381469728}
Market regime: sideways
Recent filing/news:
[Kaggle 2018-06-19] ["Beyonc\u00e9 and Jay-Z\u2019s new album goes to multiple streaming platforms, and is already a hit \u2018Everything Is Love\u2019 album available more places than just Tidal Beyonc\u00e9 and Jay-Z have made their new album available for streaming across all major music services \u2014 as long as listeners are paying for it.", "Trump reportedly told Apple that tariffs against China would spare iPhones Tech giant worries China will retaliate as trade tensions heat up Apple Inc. iPhones assembled in China will not be subject to U.S. tariffs, according to a report Monday, but the tech giant may get punished by a possible trade war.", "Chinese stocks end at 2-year low, Apple suppliers sink on trade-war worries iPhone component-makers\u2019 shares hit hard in Hong Kong, Taiwan Asian exporters took a heavy hit Tuesday, with China stocks suffering their lowest close in two years, following President Donald Trump\u2019s announcement of potentially $400 billion in additional tariffs against imports from that country.", "Beware the \u2018perpetual-motion machine\u2019 driving this market, warns billionaire Howard Marks Critical information for the U.S. trading day President Trump and China just keep ramping up their trade battle, sending stocks worldwide into the woodchipper. But it\u2019s billionaire investor Howard Marks\u2019s memo on another hot topic that provides our call of the day.", "Apple fined as Australian customers win right-to-repair court fight Apple Inc. was fined in Australia for refusing to offer free fixes for iPhones and iPads that were previously serviced by non-Apple stores, the latest episode in a global dispute between companies and consumers about the right to repair.", "Trump\u2019s latest trade-war threat wreaks havoc for markets \u2014 here\u2019s how, in five charts iPhone suppliers, copper, yen China-related markets were taking some heat on Tuesday as a fresh chapter in the trade war with the U.S. threatened to blow up. Here are five charts showing how dramatic a day it has been for global markets.", "Universal Display stock slides for sixth straight day, on track to close at 52-week low Shares of Universal Display Corp. are down 3.4% in Tuesday morning trading, marking the sixth straight day that the stock is down and the ninth day out of the last 10 trading sessions. UDC's stock recently changed hands at $87. and is on pace to close at a 52-week low. Shares closed at $87.55 on April 25. The stock has been hammered in recent days amid concerns about Apple Inc.'s plans for its next iPhone lineup. The Wall Street Journal reported last week that Apple expects more than half of iPhones sold this fall to have liquid-crystal-display screens rather than organic-light-emitting-diode screens. Universal Display makes OLED technology. The stock is off 27% over the past 12 months, while the S&P 500 has gained 12%.", "China can\u2019t match Trump in a tariff fight, but it does have other weapons Widening trade dispute is already hurting

Predict whether the return of EEM 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 EEM starting 2018-06-20 was -0.29%, which classifies as 'flat'.


USMV over past 60 days: cumulative return -0.3%, annualized vol 12.9%. Market regime: sideways.

Question:
Asset: USMV
Historical prices (past 60 trading days): start=33.82, end=33.71, cumulative_return=-0.3%, annualized_volatility=12.9%
Macro context: {'fed_funds_rate': 0.36, 'cpi_yoy': 237.652, 'unemployment': 4.8, 'gdp_growth_qoq': 19001.69, 't10y2y_spread': 1.2, 't10y3m_spread': 1.96, 'breakeven_10y': 1.5, 'hy_oas': 7.24, 'ig_oas': 1.75, 'ted_spread': 0.42, 'mortgage_30y': 3.97, 'vix': 24.989999771118164}
Market regime: sideways
Recent filing/news:
[Kaggle 2016-01-07] ["Sony Dips On Apple Weakness, Credit Suisse Warns Asia Tech Profit Tumble Sony Corp. (6758.Japan/SNE) tumbles 5% in Tokyo this morning after customer Apple (AAPL) at one point fell through $100 per share, ending down 2% to $100.70 on Wednesday. The market is worried that Apple will dramatically cut its iPhone production in the March quarter.Separately, Nitto Denko (6988.Japan), rumored to supply OLED screens for future generation iPhones, dipped 4.8% as well.READ MORE.", "With smartphone sales booming, Huawei eyes U.S. market Fast-growing Chinese manufacturer introduces new phone at CES Huawei Technologies Co. boasted of dramatic gains in the global smartphone market as it launched a new flagship handset that signals its ambitions in the lucrative U.S. market.", "Apple Casing Supplier Catcher Tech Sees No Sales Growth In First-Half So Apple (AAPL) is cutting its production orders in the March quarter for real?After releasing disappointing December sales numbers yesterday, Apple metal casing supplier Catcher Technology (2474.Taiwan) told analysts that it expected 2016 first-half sales to be flattish year-on-year and we should not see growth till the second-half. Catcher also said capital expenditure this year would be lower than the previous two.READ MORE.", "5 black swans that could rock markets in 2016 What if Apple failed the next iPhone launch, or peace broke out in Syria? Matthew Lynn lists five potential black swans -- inherently unpredictable events -- that could rock financial markets in 2016.", "Apple stock price tumbles 3% premarket, now trades well below $100", "Market bears roar as $2.5 trillion gets wiped out Critical information before the U.S. market\u2019s open Our chart of the day shows why analysts expect a lot of pain for the S&P 500 in the near term. Our suggests the Shanghai index could plunge below the low it hit during last summer\u2019s swoon.", "Apple: RBC Slashes iPhone Numbers; \u2018Higher Than Optimal Inventory\u2019 Apple (AAPL) this morning gets yet another in a string of estimate cuts following speculation this week that the company cut its iPhone production for the March quarter, this note being from RBC Capital Markets\u2019s Amit Daryanani, who cut his estimate for March to 45 million units from what he had thought would be 54 million, citing \"incremental softness and recent production cuts.\"Writes Daryanani, who has an Outperform rating on the stock, but who cuts his price target from $140 to $130, Apple is sitting on \"higher than optimal inventory across multiple geographies\u201d:Our discussions with a host of supply chain companies and recent results from Catcher lead us to think Mar- EPS, Ops Diluted 2014A qtr iPhone units could come in well below current buyside and Street Prev. expectations (50\u201358M).Read further...", "Apple just bought a startup that reads people\u2019s emotions Emotient technology is used to assess emotions by reading facial expressions Apple Inc. has purchased Emotient Inc., a s

Predict whether the return of USMV 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 USMV starting 2016-01-08 was -0.37%, which classifies as 'flat'.


XLI over past 60 days: cumulative return +12.4%, annualized vol 19.7%. Market regime: sideways.

Question:
Asset: XLI
Historical prices (past 60 trading days): start=59.11, end=66.47, cumulative_return=+12.4%, annualized_volatility=19.7%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 254.277, 'unemployment': 3.8, 'gdp_growth_qoq': 20431.641, 't10y2y_spread': 0.16, 't10y3m_spread': 0.16, 'breakeven_10y': 1.92, 'hy_oas': 3.99, 'ig_oas': 1.28, 'ted_spread': 0.21, 'mortgage_30y': 4.41, 'vix': 13.40999984741211}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-03-13] ["How your internet surfing could make you money in the coming blockchain revolution Decentralized internet will give people online privacy and data ownership A decentralized internet will give people online privacy and data ownership, writes Michael Edesess.", "Spotify shares aren't trading in the premarket", "Apple's stock adds 0.3% before the opening bell", "Spotify files antitrust complaint against Apple in European Union: reports", "Spotify files EU antitrust complaint over Apple\u2019s App store Complaint alleges Apple abused its control over which apps appear in its App Store Music-streaming service Spotify Technology SA has filed an antitrust complaint in Europe against Apple Inc., a new salvo in the broader battle over how and whether to rein in alleged wrongdoing by tech giants.", "Spotify Is Hitting Apple With an Antitrust Complaint Over the \u2018Unfair Advantage\u2019 of the App Store Spotify CEO Daniel Elk said the App Store gives Apple\u2019s own applications and services \u201can unfair advantage at every turn.\u201d", "Apple\u2019s China Problems May Be Getting Even Worse Analysts expect Apple to report earnings of $2.38 per share on revenue of $57.54 billion, indicating declines of 13% and 5.9%, respectively, from the year-ago period.", "Charting a headline breakout attempt, S&P 500 challenges major resistance (2,817) Focus: Apple confirms its uptrend, Real estate sector tags 11-year highs, Utilities finally knife to record territory, AAPL, IYR, XLU, PANW, DDS, NRG U.S. stocks are firmly higher early Wednesday, rising amid distinctly bullish price action ahead of a key Brexit vote. Against this backdrop, the S&P 500 and Nasdaq Composite are challenging their five-month range top \u2014 S&P 2,817 and Nasdaq 7,670 \u2014 areas defining the immediate bull-bear tension. An eventual breakout opens the path to less-charted territory, and potentially material follow-through.", "Should stock-market investors watch out for a volatility pickup? \u2018The cost of being wrong using options has seldom been lower,\u2019 says BTIG\u2019s Emanuel A 2019 stock-market rally comes alongside a fall in volatility. One analyst says investors can\u2019t go wrong buying protection against a potential pickup.", "Podcast: Microsoft\u2019s Surprising Comeback This week on The Readback, Alex Eule is joined by associate editor Jack Hough to talk about the surprising comeback of Microsoft.", "Apple, Amazon, Google, Facebook cast in Europe as harmful monopolies Spotify claims antitrust against Apple as U.K. report recommends new rules, oversight of big tech firms Facebook, Google, Amazon and Apple are once again being cast as monopolies that have become too powerful for society\u2019s good, a recurring theme that\u2019s increasing the pressure to rein them in.", "Apple Courts HBO and Showtime for Service to Challenge Netflix The company will host A-list celebrities and media executives on March 25 to outline how it will take on competitors like Amazon.com Inc

Predict whether the return of XLI 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 XLI starting 2019-03-14 was +4.08%, which classifies as 'positive'.


ETH-USD over past 60 days: cumulative return -30.2%, annualized vol 108.9%. Market regime: sideways.

Question:
Asset: ETH-USD
Historical prices (past 60 trading days): start=177.07, end=123.55, cumulative_return=-30.2%, annualized_volatility=108.9%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 252.561, 'unemployment': 4.0, 'gdp_growth_qoq': 20431.641, 't10y2y_spread': 0.18, 't10y3m_spread': 0.3, 'breakeven_10y': 1.82, 'hy_oas': 4.44, 'ig_oas': 1.52, 'ted_spread': 0.4, 'mortgage_30y': 4.45, 'vix': 19.040000915527344}
Market regime: sideways

Predict whether the return of ETH-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 ETH-USD starting 2019-01-17 was -1.38%, which classifies as 'negative'.


SHV over past 60 days: cumulative return +0.1%, annualized vol 0.2%. Market regime: sideways.

Question:
Asset: SHV
Historical prices (past 60 trading days): start=88.76, end=88.86, cumulative_return=+0.1%, annualized_volatility=0.2%
Macro context: {'fed_funds_rate': 0.37, 'cpi_yoy': 239.557, 'unemployment': 4.8, 'gdp_growth_qoq': 19062.709, 't10y2y_spread': 1.04, 't10y3m_spread': 1.6, 'breakeven_10y': 1.63, 'hy_oas': 6.39, 'ig_oas': 1.54, 'ted_spread': 0.44, 'mortgage_30y': 3.66, 'vix': 16.049999237060547}
Market regime: sideways

Predict whether the return of SHV 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 SHV starting 2016-05-05 was -0.02%, which classifies as 'flat'.


HYG over past 60 days: cumulative return +4.9%, annualized vol 12.5%. Market regime: sideways.

Question:
Asset: HYG
Historical prices (past 60 trading days): start=59.56, end=62.48, cumulative_return=+4.9%, annualized_volatility=12.5%
Macro context: {'fed_funds_rate': 3.83, 'cpi_yoy': 298.832, 'unemployment': 3.5, 'gdp_growth_qoq': 22278.345, 't10y2y_spread': -0.71, 't10y3m_spread': -0.84, 'breakeven_10y': 2.24, 'hy_oas': 4.34, 'ig_oas': 1.36, 'ted_spread': 0.09, 'mortgage_30y': 6.33, 'vix': 22.549999237060547}
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: positive

Explanation: The actual 21-day forward return for HYG starting 2022-12-14 was +1.80%, which classifies as 'positive'.


XLP over past 60 days: cumulative return -0.5%, annualized vol 10.5%. Market regime: sideways.

Question:
Asset: XLP
Historical prices (past 60 trading days): start=36.89, end=36.70, cumulative_return=-0.5%, annualized_volatility=10.5%
Macro context: {'fed_funds_rate': 0.13, 'cpi_yoy': 237.001, 'unemployment': 5.6, 'gdp_growth_qoq': 18782.243, 't10y2y_spread': 1.57, 't10y3m_spread': 2.15, 'breakeven_10y': 1.88, 'hy_oas': 4.53, 'ig_oas': 1.34, 'ted_spread': 0.27, 'mortgage_30y': 3.8, 'vix': 12.859999656677246}
Market regime: sideways
Recent filing/news:
[Kaggle 2015-05-08] Dow 30 Stock Roundup: Disney, Visa Beat, Chevron Reports Mixed Results - Analyst Blog The Dow went through another volatile week, losing for two consecutive days, while it moved up during other sessions. Stocks ended in the green for the second straight session on Monday boosted by a handful of upbeat earnings results. The Dow declined on Tuesday, dragged down by losses in technology, biotechnology and small-cap stocks. Markets ended in the red for the second consecutive day on Wednesday following Fed Chair Janet Yellen's comments that stock valuations are "quite high." The Dow rebounded on Thursday following easing in bond yields and gains in technology stocks. The Dow has lost 0.5% during the first four trading days. LastWeek's Performance Last Friday, the Dow gained more than 1% as investors added beaten down stocks to their portfolios. Stocks from the health and technology sectors found favor. Apple Inc. AAPL boosted the tech sector and also the broader markets after gaining almost 3.1%. It was the biggest daily percentage gain since Jan this year. Investors also cheered positive US auto sales numbers. According to Autodata, April auto sales were at an annual rate of 16.45 million, better than 16.05 million in the year-ago period. ISM's April PMI was flat month on month at 51.5%. March's construction spending dropped 0.6% from February. However, April consumer sentiment rose to the second best level since 2007. Friday's robust gains could limit weekly losses. The Dow declined 0.3% over the week. Benchmarks ended in the red on Monday, Wednesday and Thursday, and were mixed on Tuesday. Each of the benchmarks had lost over 1% on Thursday, dragged by losses in technology and biotechnology stocks. The major disappointment last week was the weaker-than-expected GDP data. According to the "advance" estimate, first quarter GDP increased at an annual rate of 0.2%, less than the consensus estimate of an increase by 1%. On the other hand, Fed officials gave no clear guidance on the timing of interest rate hike, which did little to boost investor sentiment. Among other data, investors received discouraging report on consumer confidence. However, personal income improved marginally in April. Some major companies reported encouraging earnings numbers. The DowThisWeek Stocks ended in the green for the second straight session on Monday boosted by a handful of upbeat earnings results. New orders for manufactured goods increased 2.1% in March, its biggest rise in eight months. Meanwhile, president of the Federal Reserve Bank of Chicago, Charles Evans, said hiking federal funds rate won't be appropriate until next year due to weak first quarter economic reports. This increase in factory orders for March was in line with the consensus estimate. However, the underlying trend remains weak as the increase in new orders for manufactured goods was due to a 13.5% jump in transportation orders. Positive news emanating from Europe also added to the bullish sentiment. Th

Predict whether the return of XLP 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 XLP starting 2015-05-11 was -1.43%, which classifies as 'negative'.


SCHP over past 60 days: cumulative return +1.1%, annualized vol 4.1%. Market regime: sideways.

Question:
Asset: SCHP
Historical prices (past 60 trading days): start=20.59, end=20.81, cumulative_return=+1.1%, annualized_volatility=4.1%
Macro context: {'fed_funds_rate': 0.57, 'cpi_yoy': 244.006, 'unemployment': 4.6, 'gdp_growth_qoq': 19398.343, 't10y2y_spread': 1.14, 't10y3m_spread': 1.83, 'breakeven_10y': 2.02, 'hy_oas': 3.74, 'ig_oas': 1.21, 'ted_spread': 0.53, 'mortgage_30y': 4.16, 'vix': 12.920000076293944}
Market regime: sideways

Predict whether the return of SCHP 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 SCHP starting 2017-03-01 was +0.31%, which classifies as 'flat'.


VTI over past 60 days: cumulative return +8.8%, annualized vol 9.6%. Market regime: sideways.

Question:
Asset: VTI
Historical prices (past 60 trading days): start=144.07, end=156.72, cumulative_return=+8.8%, annualized_volatility=9.6%
Macro context: {'fed_funds_rate': 1.58, 'cpi_yoy': 259.25, 'unemployment': 3.5, 'gdp_growth_qoq': 20709.212, 't10y2y_spread': 0.17, 't10y3m_spread': 0.01, 'breakeven_10y': 1.66, 'hy_oas': 3.56, 'ig_oas': 1.02, 'ted_spread': 0.14, 'mortgage_30y': 3.47, 'vix': 13.68000030517578}
Market regime: sideways
Recent filing/news:
[Kaggle 2020-02-14] ["Applied Materials (AMAT): Strong Industry, Solid Earnings Estimate Revisions", "Tiger Management Buys Amazon.com Inc, NXP Semiconductors NV, CommScope Holding Co Inc, Sells ...", "Company News for Feb 14, 2020", "Top Research Reports for VMware, Applied Materials & Equinix", "Thames Capital Management Llc Buys Citigroup Inc, Applied Materials Inc, NVIDIA Corp, Sells ...", "Composite Rating For Applied Materials Jumps To 98", "Top Research Reports for VMware, Applied Materials & Equinix", "Thames Capital Management Llc Buys Citigroup Inc, Applied Materials Inc, NVIDIA Corp, Sells ...", "Composite Rating For Applied Materials Jumps To 98", "Company News for Feb 14, 2020", "Tiger Management Buys Amazon.com Inc, NXP Semiconductors NV, CommScope Holding Co Inc, Sells ...", "Applied Materials (AMAT): Strong Industry, Solid Earnings Estimate Revisions", "Ex-Dividend Reminder: Consolidated Edison, AFLAC and Applied Materials Looking at the universe of stocks we cover at Dividend Channel, on 2/18/20, Consolidated Edison Inc (Symbol: ED), AFLAC Inc (Symbol: AFL), and Applied Materials, Inc. (Symbol: AMAT) will all trade ex-dividend for their respective upcoming dividends. Consolidated Edison Inc will pay its quarterly dividend of $0.765 on 3/16/20, AFLAC Inc will pay its quarterly dividend of $0.28 on 3/2/20, and Applied Materials, Inc. will pay its quarterly dividend of $0.21 on 3/11/20. As a percentage of ED's recent stock price of $93.85, this dividend works out to approximately 0.82%, so look for shares of Consolidated Edison Inc to trade 0.82% lower \u2014 all else being equal \u2014 when ED shares open for trading on 2/18/20. Similarly, investors should look for AFL to open 0.53% lower in price and for AMAT to open 0.31% lower, all else being equal. Below are dividend history charts for ED, AFL, and AMAT, showing historical dividends prior to the most recent ones declared. Consolidated Edison Inc (Symbol: ED): AFLAC Inc (Symbol: AFL): Applied Materials, Inc. (Symbol: AMAT): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.26% for Consolidated Edison Inc, 2.13% for AFLAC Inc, and 1.25% for Applied Materials, Inc.. In Friday trading, Consolidated Edison Inc shares are currently up about 0.2%, AFLAC Inc shares are up about 0.1%, and Applied Materials, Inc. shares are up about 0.1% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "Top Research Reports for VMwa

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 2020-02-17 was -30.41%, which classifies as 'negative'.


MATIC-USD over past 60 days: cumulative return -36.4%, annualized vol 86.5%. Market regime: sideways.

Question:
Asset: MATIC-USD
Historical prices (past 60 trading days): start=0.03, end=0.02, cumulative_return=-36.4%, annualized_volatility=86.5%
Macro context: {'fed_funds_rate': 0.09, 'cpi_yoy': 260.319, 'unemployment': 6.9, 'gdp_growth_qoq': 20791.917, 't10y2y_spread': 0.63, 't10y3m_spread': 0.69, 'breakeven_10y': 1.73, 'hy_oas': 4.92, 'ig_oas': 1.34, 'ted_spread': 0.12, 'mortgage_30y': 2.87, 'vix': 25.06999969482422}
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: negative

Explanation: The actual 21-day forward return for MATIC-USD starting 2020-10-13 was -28.14%, which classifies as 'negative'.


USMV over past 60 days: cumulative return +0.3%, annualized vol 12.4%. Market regime: sideways.

Question:
Asset: USMV
Historical prices (past 60 trading days): start=61.20, end=61.38, cumulative_return=+0.3%, annualized_volatility=12.4%
Macro context: {'fed_funds_rate': 0.07, 'cpi_yoy': 264.961, 'unemployment': 6.1, 'gdp_growth_qoq': 21082.134, 't10y2y_spread': 1.42, 't10y3m_spread': 1.54, 'breakeven_10y': 2.21, 'hy_oas': 3.57, 'ig_oas': 1.02, 'ted_spread': 0.13, 'mortgage_30y': 3.02, 'vix': 25.46999931335449}
Market regime: sideways
Recent filing/news:
[Kaggle 2021-03-08] ["Here Are 4 Tech Plays That Offer Solid Yield and Dividend Growth The tech sector typically requires a trade-off for equity income investors: low yields in exchange for growing dividends. Here are some that give investors the best of both.", "Volkswagen and ViacomCBS Are Reinventing Themselves Why their pivots, toward electric vehicles and streaming, respectively, are good for their stocks.", "10 new cars you can get for less than $300 a month There are plenty of affordable cars that offer modern features, comfortable interiors, lots of safety features, and unexpected technology.", "Investors may have a \u2018buy\u2019 signal, as these big tech stocks have dropped up to 32% in only three weeks Now might be \"a golden opportunity\" to own the \"secular tech winners\" for the next 12 to 18 months, according to Wedbush analyst Daniel Ives.", "Apple stock falls 2.4% to pace the Dow's decliners", "Apple's stock in danger of lowest close since Nov. 27", "Apple Will Lead in AR, Analyst Says. Watch for Its Contact Lenses. TFI Asset Management's Ming-Chi Kuo says Apple's history in defining how computers and people interact gives it an advantage for the shift toward augmented reality.", "Tech stocks are under pressure. Don\u2019t buy the dip, sell the bounces, strategist says Technology stocks are under pressure at the start of the week, as bond yields continue to rise.", "\u2018Would you consider working for me?\u2019 Clubhouse, the invite-only social network, is a hotbed for job interviews 'One of the massive benefits of Clubhouse is you can actually hear the real person --- not a CV,' said one recruiter.", "Apple stock falls toward 3-month low with bear market now in sight, even as Dow rallies Shares of Apple Inc. sank 3.4% in afternoon trading Monday, putting them on track for the lowest close in more than three months, as large-capitalization technology stocks continue to pull back despite the rally in the broader stock market. Apple was leading just the five of 30 Dow Jones Industrial Average components losing ground Monday, as the Dow soared 488 points, or 1.6%. Apple's stock, which is headed for the lowest close since Nov. 27, has now lost 18.1% since the Jan. 26 record close of $143.16. A close below $114.53 would put the stock in a bear market, which many define as a decline of 20% or more from a significant high. Separately, the 200-day moving average, which many chart watchers use as a dividing line between longer-term uptrends and downtrends, currently extends to $114.10; the last close below the 200-day was April 3, 2020. Apple's stock has shed 5.7% over the past three months, while the technology-heavy Nasdaq 100 has given up 1.7% and the Dow has rallied 6.0%.", "Roblox is going public: 5 things to know about the tween-centric gaming platform Investors waiting on the long-awaited public debut of Roblox Corp. finally have a date for when the tween-centric gaming platform will roll out its direct listing.", "Apple Inc. stock underperforms Mo

Predict whether the return of USMV 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 USMV starting 2021-03-09 was +5.27%, which classifies as 'positive'.


XLP over past 60 days: cumulative return -4.0%, annualized vol 15.7%. Market regime: sideways.

Question:
Asset: XLP
Historical prices (past 60 trading days): start=46.23, end=44.40, cumulative_return=-4.0%, annualized_volatility=15.7%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 253.319, 'unemployment': 3.8, 'gdp_growth_qoq': 20431.641, 't10y2y_spread': 0.18, 't10y3m_spread': 0.2, 'breakeven_10y': 1.82, 'hy_oas': 4.32, 'ig_oas': 1.34, 'ted_spread': 0.32, 'mortgage_30y': 4.41, 'vix': 15.720000267028809}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-02-08] ["If you own Apple, Amazon, Facebook or AMD, look out below Those shares have been bid up by the average investor, but buying could slow or even reverse Those shares have been bid up by the average investor, but buying could slow or even reverse.", "Hasbro Falls, Trade Worries Worsen, and Dow Is in Line for Another Loss U.S. stock markets were poised to open lower for a third consecutive day.", "The stock market dip? Keep buying, says Bank of America Merrill Lynch Critical information for the U.S. trading day Stocks are on track to end the week on a sour note. If you\u2019re a fan of the \u2018buy-the-dip\u2019 strategy, our call of the day from Bank of America Merrill Lynch, along with our chart of a stoic S&P says now is not the time to give up.", "Cody Willard: I\u2019m most bullish on Apple, Alphabet and Verizon Also reviewed today: Amazon, Intel, Palo Alto Networks, Facebook and Nvidia Also reviewed today: Amazon, Intel, Palo Alto Networks, Facebook and Nvidia.", "Amazon Investors Are Worried About Bezos Blackmail Case Shares of the e-commerce giant are down nearly 3% on Friday, in the wake of CEO Jeff Bezos\u2019 startling revelations.", "GoPro predicts profit, thanks to years of massive layoffs Company expects to flip to profit in 2019 despite single-digit revenue growth, after chopping expenses with layoffs in 2017 and 2018 GoPro Inc. executives have been sounding bullish in the last two months, and Wednesday\u2019s fourth quarter conference call was no exception, with a forecast for profitability in 2019 for the action camera maker, but its results were helped by past cost cutting and company layoffs.", "3 Stocks Bucking the Earnings Slowdown Most companies these days seem to beat earnings estimates. This is a screen for stocks whose earnings estimates have been rising in the first quarter. Boeing and two more favorites.", "AT&T\u2019s 5G Act Is Bad for Everyone Wireless phone service is full of confusing labels, but AT&T\u2019s latest \u201c5GE\u201d is raising new ire from consumers and industry rivals.", "Apple Gives New Retail Head Stock Grants Worth About $8 Million The Cupertino, California-based technology giant gave O\u2019Brien two sets of 23,922 restricted stock units -- one group that will vest across three years beginning Aug. 5, 2021, and the other based on the company\u2019s performance that may vest on Oct. 1, 2021, according to a regulatory filing. Each set is", "Apple isn't too happy about apps that secretly record your phone's screen Following TechCrunch's report that certain iOS apps are using technology from a company called Glassbox to record everything a user does within the app, Apple has started telling app developers that they either need to disclose this to users or face getting banned from the App Store. \"Our App", "Dow Jones Rout: The Cat is in the Bag, the Bag is in Trump\u2019s Hand Friday started off badly for the Dow Jones industrial average, with all major stock indexes trading markedly lower right out o

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 2019-02-11 was +1.50%, which classifies as 'positive'.


IWM over past 60 days: cumulative return -2.9%, annualized vol 23.2%. Market regime: sideways.

Question:
Asset: IWM
Historical prices (past 60 trading days): start=140.17, end=136.13, cumulative_return=-2.9%, annualized_volatility=23.2%
Macro context: {'fed_funds_rate': 2.4, 'cpi_yoy': 252.561, 'unemployment': 4.0, 'gdp_growth_qoq': 20431.641, 't10y2y_spread': 0.18, 't10y3m_spread': 0.22, 'breakeven_10y': 1.85, 'hy_oas': 4.37, 'ig_oas': 1.38, 'ted_spread': 0.38, 'mortgage_30y': 4.46, 'vix': 16.56999969482422}
Market regime: sideways
Recent filing/news:
[Kaggle 2019-01-31] ["Apple may soup up cameras, boost AR capabilities in new iPhones: report With iPhone growth slowing, Apple Inc. hopes to reboot sales by significantly upgrading the smartphone's cameras and augmented-reality capabilities, Bloomberg News reported Wednesday. The 2019 phone could have three rear cameras, compared to the current two, and the 2020 model may have a rear 3D camera system, whereas the current version only has a front 3D camera, the report said. The new cameras for 2019 would also have a more powerful zoom, better resolution and a wider field of vision than the current iPhone's cameras. The 2020 version would reportedly include a laser-powered 3D camera that would improve depth perception to render more accurate augmented-reality overlays. Bloomberg reported Apple is in talks with Sony Corp. over sensors for the new 3D camera, and the 2020 phone could lead to a long-awaited AR headset. Bloomberg also said Apple is testing USB-C connectors with the 2019 iPhone, suggesting an eventual replacement to the Lightning port.", "Chip shortages cut into Microsoft's gains Microsoft Corp. said computer-chip shortages sliced expected sales of its Windows operating system in the last three months of 2018, and that the scarcity will likely continue to hurt sales in the months ahead.", "Qualcomm says disputes are weighing on revenue Qualcomm Inc. said revenue dropped 20% in its latest quarter and is likely to fall by a smaller amount in the current period, as disputes with customers including Apple Inc. continue to take a toll on the maker of communications chips.", "Will free Apple Music make us hate flying less? The wackiest new in-flight perks Airlines work to turn time wasted on flights into an opportunity Airlines work to turn time wasted on flights into an opportunity.", "Here are the biggest stock winners on the day the Fed went soft on interest rates A policy reversal by the central bank excites investors A policy reversal by the central bank excites investors.", "Amazon Earnings Will Highlight the Threat It Poses to Cloud and Ad Rivals Earnings figures, due out Thursday, will show how worried companies such as Netflix and Google should be as Amazon pushes into their turf.", "3 ETF Picks With Dividends You Can Trust These funds focus on Dividend Aristocrat indexes that feature long-term payout growth.", "Facebook faces more privacy questions, even as it announces record profit The social-media giant has admitted to monitoring the online activity of children The social-media giant has admitted to monitoring the online activity of children.", "The U.S. economy is fundamentally strong \u2014 for now Job growth is great, the Fed is patient, and Trump may be ready to make a deal with China The fundamentals in the U.S. economy look strong, now that the shutdown has ended and the Fed has eased off, writes Tim Mullaney.", "Debt Could Hurt Netflix, GM, and CBS Stock, Bernstein Says Companies have become a lot less creditworthy over the past two decades,

Predict whether the return of IWM 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 IWM starting 2019-02-01 was +5.11%, which classifies as 'positive'.


SOL-USD over past 60 days: cumulative return +394.2%, annualized vol 116.9%. Market regime: sideways.

Question:
Asset: SOL-USD
Historical prices (past 60 trading days): start=33.26, end=164.38, cumulative_return=+394.2%, annualized_volatility=116.9%
Macro context: {'fed_funds_rate': 0.08, 'cpi_yoy': 273.91, 'unemployment': 4.7, 'gdp_growth_qoq': 21617.828, 't10y2y_spread': 1.12, 't10y3m_spread': 1.28, 'breakeven_10y': 2.34, 'hy_oas': 3.13, 'ig_oas': 0.92, 'ted_spread': 0.07, 'mortgage_30y': 2.87, 'vix': 16.40999984741211}
Market regime: sideways

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 2021-09-07 was -24.03%, which classifies as 'negative'.