How high can the S&P 500 go by year end?

traider said:
just use linear regression and you get an ok estimate.
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%%
OK;
i seldom look @ that LR or PSAR [parabolic stop + reverse, aka= parabolic time price]
I also seldom look @ PE on qqq. I did sell all my UDOW late this week.
LR on monthly charts may sell in FEB or MAR/SPY, but they tend to sell then no matter what PSAR or LN says.............................................................. Trend=friend
 
SunTrader said:
Don't bother. The Fed has more "money" than you, I or anyone else not named Musk, Bezos & friends.
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The Fed has even more money than Musk, Bezos, Buffett, Gates or anybody. It has the *legal* ability to create money when they run out, Musk, Bezos, Buffett, Gates or anyone else does not.
 
JSOP said:
The Fed has even more money than Musk, Bezos, Buffett, Gates or anybody. It has the *legal* ability to create money when they run out, Musk, Bezos, Buffett, Gates or anyone else does not.
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Obviously.
 
It's interesting to note that SPX was only 3337 towards the end of February 2020 pre-pandemic, and throughout the pandemic, SPX actually managed to add 1350+ points while nobody is working and everything is closed or semi-closed. So basically Fed just added 1350+ points to SPX with its money-printing. So with this in sight, https://www.cnbc.com/2021/11/05/pfi...emic-could-be-over-in-the-us-by-january-.html, if the Fed starts to stop printing, wonder whether the market will go back to its pre-pandemic level of 3337 since no or very little value was added during the pandemic, pretty much all of the increase is due to the money-printing.
 
JSOP said:
It's interesting to note that SPX was only 3337 towards the end of February 2020 pre-pandemic, and throughout the pandemic, SPX actually managed to add 1350+ points while nobody is working and everything is closed or semi-closed. So basically Fed just added 1350+ points to SPX with its money-printing. So with this in sight, https://www.cnbc.com/2021/11/05/pfi...emic-could-be-over-in-the-us-by-january-.html, if the Fed starts to stop printing, wonder whether the market will go back to its pre-pandemic level of 3337 since no or very little value was added during the pandemic, pretty much all of the increase is due to the money-printing.
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This isn't true at all. There is a ton of remote work being done and many IT companies increased their business during the pandemic.
 
Covertibility said:
https://twitter.com/x/status/1455293557611368454


Money printing?!?! lol.
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My main play the last week and a half was loading up on Canadian energy companies pre-earnings. Still a couple more to go. It suffices to say none of those firms are making money because of the US Fed but the cash flows being generated are massive.

Most of the traders on here bellyaching about the Fed and bubbles are day traders who refuse to do research.
 
Nine_Ender said:
This isn't true at all. There is a ton of remote work being done and many IT companies increased their business during the pandemic.
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ok good but not 1350+ worth of points. Part of that has to be from Fed's money-printing. So ok maybe it won't drop to pre-pandemic level, but wouldn't maintain at the current level either.
 
Nine_Ender said:
Most of the traders on here bellyaching about the Fed and bubbles are day traders who refuse to do research.
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It is not only the Fed. In most of the other countries the story is similar. Printing cash to create liquidity and passing the pain to next generation.

The market may and will go higher (eventually) but not in a straight line of the past few weeks. It is far beyond any technical levels let alone fundamentals...
 
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