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Stock market predictions 3/20-11/3
Posted on 3/20/20 at 7:52 pm
Posted on 3/20/20 at 7:52 pm
Give your month by month predictions or however you want to do it.
Let’s see who can get the closest.
Let’s see who can get the closest.
18
Posted on 3/20/20 at 7:56 pm to FlexDawg
The huge declines will level out.
I think the Dow loses 1000 pts over the next 2 weeks then starts to trend upward with more decent days than bad.
We’ll be back above 20K by August.
Trump & pals need for Saudi & Russia to end the oil war. That would help tremendously.
I think the market bottoms out around 17,500-18,000. That’s where the hard bedrock of long term investments starts.
I think the Dow loses 1000 pts over the next 2 weeks then starts to trend upward with more decent days than bad.
We’ll be back above 20K by August.
Trump & pals need for Saudi & Russia to end the oil war. That would help tremendously.
I think the market bottoms out around 17,500-18,000. That’s where the hard bedrock of long term investments starts.
This post was edited on 3/20/20 at 7:58 pm
Posted on 3/20/20 at 7:58 pm to FlexDawg
Dow 5k points higher, minimum, by 11/3
Posted on 3/20/20 at 8:00 pm to FlexDawg
Dow 15k. Then starts to climb. Bond traders crushing it. If you can find bonds.
Posted on 3/20/20 at 8:05 pm to FlexDawg
I think the DOW loses 4,000 more over the next four weeks. Investors will shite when the numbers catch up to the tests.
By November it’ll be back up to 25,000.
The real killer will be the jobs numbers, though. That’s going to suffer for a while.
By November it’ll be back up to 25,000.
The real killer will be the jobs numbers, though. That’s going to suffer for a while.
Posted on 3/20/20 at 8:08 pm to FlexDawg
27,463
Posted on 3/20/20 at 8:08 pm to TDsngumbo
Small Business going to get DESTROYED! I am concerned!
Posted on 3/20/20 at 8:09 pm to FlexDawg
Posted on 3/20/20 at 8:11 pm to Huge Richard
quote:
27,463
Is this closest without going over like Price is Right?
Then I will be that a-hole 27,464
Actually I have no clue.
I don't believe anybody else does either
Posted on 3/20/20 at 8:12 pm to FlexDawg
I think there’s going to be another level of panic once there’s a big jump in cases and there won’t need to be any orders to shelter in place...people will do it on their own and the economy will take another body blow.
Posted on 3/20/20 at 8:13 pm to Huge Richard
quote:
27,463
From your lips to Gods ears.
Posted on 3/20/20 at 8:13 pm to FlexDawg
DJ closes near 25,000 by November 3.
Posted on 3/20/20 at 8:14 pm to FlexDawg
We won’t get back to the highs by November, but once mortality rates and other indicators reach some “normal” level then cash on the side returns and we hit 23k-24k by November.
Posted on 3/20/20 at 8:15 pm to FlexDawg
Bottoms out around mid April after just about every small business goes under (unless the Gov does something big). I’m thinking 15k.
It will slowly go back up this summer but the loss of so many small businesses and resulting super high unemployment will keep it a bear market.
It will slowly go back up this summer but the loss of so many small businesses and resulting super high unemployment will keep it a bear market.
Posted on 3/20/20 at 8:20 pm to cwill
quote:
I think there’s going to be another level of panic once there’s a big jump in cases and there won’t need to be any orders to shelter in place...people will do it on their own and the economy will take another body blow.
Agreed. We are in an emotional state. The VIX has gone from + - 3 to + - 40. Insane.
Posted on 3/20/20 at 8:36 pm to FlexDawg
I'm more of an S&P guy. I predict the SPY could possibly leg down to the 200 area and then we'll see a V shaped recovery. I think we'll be back to work within 3 weeks. The chloroquine will show in our own trials the same efficacy it showed in the overseas trials causing the stoppage of our economy to end. If we get some really bad news prior to the clinical trial news outcome SPY could drop to the next level of support in the 170's but by summer we'll be back to pushing 300's. In other words we're nearing a bottom.
Trump has handled this thing really well so the rebound would be quick. They'll pass the aid bill this weekend giving Americans quick cash and also providing help to hospitality and travel industries. One thing I wish they would do is something like what they've done in England with the 3 month holiday from mortgage payments and just tack those 3 payments on at the end of the loan. That would go a long way towards helping those that have been furloughed or laid off. For most your mortgage is your biggest expense. The last thing we need is a bunch of people defaulting and getting foreclosed on when this thing very well could be over sooner rather than later.
Trump has handled this thing really well so the rebound would be quick. They'll pass the aid bill this weekend giving Americans quick cash and also providing help to hospitality and travel industries. One thing I wish they would do is something like what they've done in England with the 3 month holiday from mortgage payments and just tack those 3 payments on at the end of the loan. That would go a long way towards helping those that have been furloughed or laid off. For most your mortgage is your biggest expense. The last thing we need is a bunch of people defaulting and getting foreclosed on when this thing very well could be over sooner rather than later.
Posted on 3/20/20 at 9:26 pm to FlexDawg
Dow drops to 14k at some point in this deal, but by November back up to 20k. Next spring it hits its stride again and crosses 25k on the way to 30 in summer. Legit worldwide recession, but nothing systemic about it. Just this damned virus and forced closures of a huge swath of the US and global economies.
Posted on 3/20/20 at 10:52 pm to FlexDawg
This is the beginning of a bear market. And it's going to last years. The virus is nothing more than a pin prick to burst the bubble that was long overdue to be deflated.
I expect the dead cat to bounce only once the virus is under control. It will look like the bull is back and will die a painful death. That cat is in free fall mode right now. No stopping it. Where's the bottom? I have a minimum target of 1300 SPX. But I will not be surprised if we revisit that dreaded 666 # from the 08/09 financial market crisis. And we may get there faster than you can imagine.
Note the attempts at QEs that have worked in the past have been met with heavy selling. The amount of money offered up is historical and will have no impact.
The Fed can no longer bail us out. A big mac for fiddy cent is right around the corner. But since half the country will be bankrupt no one will be able to afford it.
If you own stocks, get out now unless they are related to a cure or inverse ETFs. Staples of the US economy will no longer exist. Companies like Boeing are already on the brink.
My money is where my mouth is. I have a lot of time on my hands and capital to allocate. I'm short like a mother fricker right now and will be for some time. Enjoy the shite show that is underway. There has never been anything like this before. Don't underestimate its potential to destroy wealth.
I expect the dead cat to bounce only once the virus is under control. It will look like the bull is back and will die a painful death. That cat is in free fall mode right now. No stopping it. Where's the bottom? I have a minimum target of 1300 SPX. But I will not be surprised if we revisit that dreaded 666 # from the 08/09 financial market crisis. And we may get there faster than you can imagine.
Note the attempts at QEs that have worked in the past have been met with heavy selling. The amount of money offered up is historical and will have no impact.
The Fed can no longer bail us out. A big mac for fiddy cent is right around the corner. But since half the country will be bankrupt no one will be able to afford it.
If you own stocks, get out now unless they are related to a cure or inverse ETFs. Staples of the US economy will no longer exist. Companies like Boeing are already on the brink.
My money is where my mouth is. I have a lot of time on my hands and capital to allocate. I'm short like a mother fricker right now and will be for some time. Enjoy the shite show that is underway. There has never been anything like this before. Don't underestimate its potential to destroy wealth.
Posted on 3/21/20 at 12:06 am to FlexDawg
Back to 29k by September
This will be viewed as Fake News by then and Trump saint and savior
This will be viewed as Fake News by then and Trump saint and savior
Posted on 3/21/20 at 1:23 am to FlexDawg
This boom will break records and Trump loses 5 or less states in election.
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