As of 03/28/2024
Indus: 39,807 +47.29 +0.1%
Trans: 16,212 +183.07 +1.1%
Utils: 882 +7.51 +0.9%
Nasdaq: 16,379 -20.06 -0.1%
S&P 500: 5,254 +5.86 +0.1%
|
YTD
+5.6%
+2.0%
+0.1%
+9.1%
+10.2%
|
40,000 or 38,500 by 04/01/2024
16,300 or 15,350 by 04/01/2024
885 or 830 by 04/01/2024
16,600 or 15,200 by 04/01/2024
5,350 or 5,100 by 04/01/2024
|
As of 03/28/2024
Indus: 39,807 +47.29 +0.1%
Trans: 16,212 +183.07 +1.1%
Utils: 882 +7.51 +0.9%
Nasdaq: 16,379 -20.06 -0.1%
S&P 500: 5,254 +5.86 +0.1%
|
YTD
+5.6%
+2.0%
+0.1%
+9.1%
+10.2%
| |
40,000 or 38,500 by 04/01/2024
16,300 or 15,350 by 04/01/2024
885 or 830 by 04/01/2024
16,600 or 15,200 by 04/01/2024
5,350 or 5,100 by 04/01/2024
| ||
Released 11/30/2020.
Below is the updated forecast for 2020 as of November 30. Captions appear below the pictures for guidance, so be sure to scroll down far enough to read them.
On some of the charts (all except the CPI chart) the prediction in red is based on the work of Edgar Lawrence Smith in the 1930s. Smith said that the stock market followed a 10-year cycle. Each year tended to repeat the behavior of the year a decade earlier. In other words, if you averaged all years ending in 1 (2001, 1991, 1981 and so on), that would give you a forecast for 2011. For 2012, you'd make a similar average, only use 2002, 1992, 1982, and so on. That's what I did for the market forecast charts which follow.
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