Posted on 12/30/2017 10:12:00 AM PST by Eagles Field
Predictions?
Closed
Thank you!
Here I thought you were going to tell me I was going to be
“super rich”. Guess I’ll just have to wait and see then. Thanks
HAPPY NEW YEAR everyone.
Is this an early April Fool’s joke?
Much lower than today. Its going to crash as small business grows and independrnt maufacturing makes a comeback. Mix that with a housing market crash in certain states (CA, NY, NJ, IL, etc.) and the tech bubble popping, the stock market is a house of cards.
2018 is a year where the economy wil transform from Wall St to Main St
Much lower than today. Its going to crash as small business grows and independrnt maufacturing makes a comeback. Mix that with a housing market crash in certain states (CA, NY, NJ, IL, etc.) and the tech bubble popping, the stock market is a house of cards.
2018 is a year where the economy wil transform from Wall St to Main St
18,437
New York
The market will have a very soft January. Because many 401K plans have retirement date funds which have to re-balance at the end of the year. That means they will have to sell stocks and buy bonds. Then the bonds will start to fall. (don’t ever put you money in one of these things.)
Also, in January the tax plan will hit very negatively on the 1st quarter balance sheets. In some cases realized tax losses will be worth less (see GE). In other cases companies will be forced to pay taxes on foreign holdings (see apple). But these are one time changes. And even though they may total in the billions for many large corporations, they will be offset by much lower taxes in the future.
But the market will hit a top in April then again in July and finally again in December. Expect the market to be around 15% higher next December.
Beat me to it
11 Wall Street
Old timers remember the Dow 30 never getting out of three digit figures -- and that was around 40 years ago. The Dow 30 at 10,000 was a prediction during the Reagan years, I'm not sure when it actually got there -- but it closed at 24,719.22 yesterday.
General Electric, which (if memory serves) is the only remaining original Dow 30 stock, has cratered this year, thanks to its big investment in the oil drilling area. One analyst suggests that the stock will fall by a third during 2018, to the 12 dollar range.
The NYSE index (symbol NYA) ended 2017 at 12,808.84, and I'd be surprised if the end of 2018 doesn't see both of these widely followed indexes up at least 30 percent.
25750
25750
Precisely where an equal amount of money
believes it will go up or down.
Ask the money what it believes
Djia 28200
Nasdaq 7400
S&P 500 2850
Until the FedReserve/Treasury Dept. stops continually inflating the money supply by paying the Bond and T-bills coming due with more Bonds and T-bills The Stock Market Price will remain so.
Bottom line stock prices are not based on financial reality any more. The only reason it is flying high is because after 8 years of the dumbass who previously lived at 1600 Pennsylvania continually doing everything in his power to destroy America's economy having a guy in the White House who just doesn't try to f*** over American Businesses is a signal to investors that things are better. Yes they are better but The Stock Market price is not based on reality.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.