S&P 500 Prediction 2024

Exactly. My equity holdings are 100% USA. I’ll never bet against the hometown team. My one year cumulative is up 30.05%.

yes I like.

so far... I feel like more people are more positive of 2024. So stay put??
 
Waiting for 2023 to end before making any 2024 S&P prediction
 
So you noticed that up until October 31st, SP500 was around 8%ish.

November and December are miracle months. Why, Who, How?? Idk.

With that being said, I have a feeling that 2024 will be filled with surprises, with ups and downs like a roller coaster until the last day.

Prediction: 8% for 2024 (at least praying)

Stay put or get out:confused:
 
Over 6 trillion dollars sitting on MM. The Fed will lower interest rate.
S&P will go up for sure. By how much ? I will wait until the end of 2023 to guest.
 
Alright, let's get this over with. Final close EOY2024 is 5451.
 
My crystal ball says "11%" increase in the S&P500 by end of 2024. But a bumpy ride to get there.

-BB

I like it! I'm feeling like there will be some icing on the cake with wage data looking decent, and possible dovish monetary policy. Big Tech always surprises me! +1% just for that! Plus some inflation recapture...if we are lucky? Maybe that is gone for good.
 
kgtest and I are working on our podcasts. We won’t be able to predict 2024 until after we pick up our awards for first and runner up. :D :dance: :LOL:

You called it! lol. We need a catchy name... something like "The World Famous Jerry1 and kgtest fortune tellers" ??

:facepalm:
 
Actual close today was 4,769. Here is what experts said this time last year:

"The average forecast expects the S&P 500 to end 2023 at 4,009, according to Bloomberg, the most bearish outlook since 1999. But the predictions range from a low of 3,400 to as high as 4,500, representing “the widest dispersion since 2009,” Ms. Shalett pointed out. " (from NY Times)
 
Actual close today was 4,769. Here is what experts said this time last year:

"The average forecast expects the S&P 500 to end 2023 at 4,009, according to Bloomberg, the most bearish outlook since 1999. But the predictions range from a low of 3,400 to as high as 4,500, representing “the widest dispersion since 2009,” Ms. Shalett pointed out. " (from NY Times)

Just another example of them knowing nothing.
 
My 2023 prediction was so far off, I’m not going to make one for 2024 and just enjoy the ride. Hopefully no accidents along the way…
 
12/31/2023 close times 1.1. Up 10% in 2024, in other words. 5,230 or so, in other words (a bit higher if we go higher in the next week).

My official guess is 4769.83 * 1.1 = 5,246.813 :)
 
5321
 
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