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Does the Dow finish the year above or below 30k?

Posted on 10/27/23 at 12:47 pm
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
8977 posts
Posted on 10/27/23 at 12:47 pm
Discuss.
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1634 posts
Posted on 10/27/23 at 2:38 pm to
Above, but I will not discuss.
Posted by masoncj
Atlanta
Member since Jun 2023
359 posts
Posted on 10/27/23 at 3:14 pm to
I am leaning towards no but who knows I have been wrong in both direction so many times

Really interested to see q4 earnings in early 2024 after Xmas to see if holiday season was a big let down earning wise.
This post was edited on 10/27/23 at 3:15 pm
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
199 posts
Posted on 10/27/23 at 4:52 pm to
I trade the markets every day. Make a living from it. I have zero clue what the Dow is at now. It’s an irrelevant number. Nobody in the business cares about it.
Posted by sonoma8
Member since Oct 2006
7705 posts
Posted on 10/27/23 at 6:10 pm to
Paging Ancienttiger
Posted by NC_Tigah
Member since Sep 2003
125490 posts
Posted on 10/27/23 at 6:32 pm to
quote:

Does the Dow finish the year above or below 30k?
Above.
Downside risks are significant. Probably won't drop the DJIA 7.5% in two months though.
Posted by lynxcat
Member since Jan 2008
24478 posts
Posted on 10/28/23 at 9:57 am to
Discuss…Dow is a meaningless index that is so dated it’s embarrassing it still gets referenced at all.
Posted by Catchfalaya
Member since Feb 2018
1968 posts
Posted on 10/29/23 at 2:51 am to
All depends on what happens in the ME. If Biden/Netanyahu can contain the fallout from the Hamas attacks then markets should not factor it in. If shite goes sideways, and all out war ensues then the Dow tumbles. Because Arab nations would most certainly start banning global crude to western nations.
Posted by CFDoc
Member since Jan 2013
2133 posts
Posted on 10/29/23 at 7:15 pm to
The S&P just death crossed.

Didn’t look at DOW but I would think it’s gotta be on a similar trajectory.

Not sure if there’s enough time to bottom out and golden cross before January 1.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
52895 posts
Posted on 10/29/23 at 9:37 pm to
The Dow is currently at 32k. If it drops below 30k by the end of this year, there will be far bigger things to worry about than the Dow.

If it goes below 30k, it won't be until next year.
Posted by notiger1997
Metairie
Member since May 2009
59295 posts
Posted on 10/30/23 at 1:49 pm to
That correction better get started soon. DOW is up 550 today.
Posted by FriscoTiger1973
Frisco, Texas
Member since Jan 2012
1414 posts
Posted on 10/31/23 at 11:49 am to
Below, Biden’s working to reduce the net worth of the middle class.
Posted by The Scofflaw
Metairie, LA
Member since Sep 2014
1041 posts
Posted on 11/1/23 at 11:43 am to
Equal weight SP already took out the March lows. The SPY will eventually once the generals follow the soldiers.
Posted by notiger1997
Metairie
Member since May 2009
59295 posts
Posted on 11/2/23 at 1:12 pm to
Maybe we should discuss if the DOW will end the year above or below 34,000.
Posted by notiger1997
Metairie
Member since May 2009
59295 posts
Posted on 11/3/23 at 11:27 am to
Bump
Posted by notiger1997
Metairie
Member since May 2009
59295 posts
Posted on 11/14/23 at 8:37 am to
I’m thinking above 35,000 is a good bet. LOL
Posted by notiger1997
Metairie
Member since May 2009
59295 posts
Posted on 11/20/23 at 2:31 pm to
Over/under 36,000?
Posted by slackster
Houston
Member since Mar 2009
87038 posts
Posted on 11/30/23 at 4:51 pm to
Bump
Posted by Gorilla Ball
Member since Feb 2006
11997 posts
Posted on 12/6/23 at 7:56 pm to
I have a question. Everyone is saying how bad the economy is doing or that we are in a recession etc
How can the market be doing so well in-spite of what the economy is doing?
Posted by slackster
Houston
Member since Mar 2009
87038 posts
Posted on 12/8/23 at 4:07 pm to
6 straight weeks of gains since this thread was started.
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