Predict the market 2017

, and I will give a lollipop for the best guess at year's end.
Surf and prizes from years gone by. ;)
lollipop girls.jpg
 
Trumps killing off a lot of things which might improve business $$$'s wise atleast, really bad in just about every other way, but at the expense of people the markets could initially do very well.

So up!
 
The game is simple, you post here your prediction for the SPY or ES where they are going to be 12 months from now, and I will give a lollipop for the best guess at year's end.

My guess for the S&P is -8%.

Reasoning is not required, but I have one, the first year in a new presidential cycle is usually the worst statistically, not to mention the erratic behavior of Trump.

So what is your guess?
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Mr Pekalo; A bear market is so much overdue, that just confirms its about probabilities[ which you maybe meant] more than prediction. BUT any bear market would not have much to do with one man, [Pres]out of a pop of 318 million+ If you watch 3- 5 minute charts all the time Mr Trump-Pence could make noise, for 3- 5 minutes.Mr Carl Ichan is quite a brillant business man; but being a tax raiser- thats stupid, but i like him anyway.

IF they're dumb enough to do a Senator Smoot-Haley tariff[TAX],again,LOL look out below 1929?? ??? Good question
 
The simple response would be up 20% from the day before Trump won the election. If corporate tax rates are cut 20%, then company earnings would climb 20% and you would apply the same S&P market multiple to earnings.

So the S&P 500 closed at 2139 on Nov 8th. If the everyone's earnings climb by 20%, then you end up with 2566, up 20%. If this is correct, everyone makes a bundle and should cash out in 2018.

Market gurus are paid to make noise - they get it wrong too, but this is the math that wall street will follow.
 
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