Just spoke about this last week and now marketwatch wrote a small article on it.
https://www.marketwatch.com/story/i...-then-get-ready-to-be-full-of-fear-2019-12-19
SP500 DOWN to 2500 and then to 2200
- Thread starter orbit23
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Just spoke about this last week and now marketwatch wrote a small article on it.
https://www.marketwatch.com/story/i...-then-get-ready-to-be-full-of-fear-2019-12-19
Buffet also has a quote "market can remain irrational for longer than you can remain solvent".
Just because it hasn't happened yet, doesn't mean that it won't. Watch out in 2020. It's going to get nasty.
That would be John Maynard Keynes. Not Buffett.
They just keep upping their forecasts
More free money in 2020.
My retirement fund is up a whopping 26% this year. Incredible right. Maybe next year it does 38%? 47? Fu*k maybe even 79%, the free money is pouring in. Unlimited upside!!!!!!
Now 3600 for s$p
“Backing into it from the [earnings] perspective that suggests about a 20 multiple on next year’s consensus earnings of about $180. So, it’s about one multiple point higher than where we are now. I think it’s reasonable and I think it’s probably a minimum objective of what we could reach next year,” Johnson said on “Trading Nation.”
Analysts anticipate $177.65 in earnings per share for the S&P 500 in fiscal 2020, according to FactSet. That implies 10% profit growth. A move to 3,600 suggests 12% upside from current levels.
https://www.cnbc.com/2019/12/23/sp-500-to-3600-one-chart-analyst-sees-a-path-there-next-year.html
More free money in 2020.
My retirement fund is up a whopping 26% this year. Incredible right. Maybe next year it does 38%? 47? Fu*k maybe even 79%, the free money is pouring in. Unlimited upside!!!!!!
Now 3600 for s$p
“Backing into it from the [earnings] perspective that suggests about a 20 multiple on next year’s consensus earnings of about $180. So, it’s about one multiple point higher than where we are now. I think it’s reasonable and I think it’s probably a minimum objective of what we could reach next year,” Johnson said on “Trading Nation.”
Analysts anticipate $177.65 in earnings per share for the S&P 500 in fiscal 2020, according to FactSet. That implies 10% profit growth. A move to 3,600 suggests 12% upside from current levels.
https://www.cnbc.com/2019/12/23/sp-500-to-3600-one-chart-analyst-sees-a-path-there-next-year.html
I felt the same way end of January 2018 like now. But Fed didn't print at that time
My prediction
profits will be flat next year.
S&P will hit 4000. P/E will be 30. Analysts will say its cheap.
Applle will see -10% earnings. Shares will reach $500
Fed will say valuation are reasonable and will make 3 cuts during the year. Will print more than $100 bln per month by the end of the year. Balance sheet will reach 6 trln by the end of the year
My prediction
profits will be flat next year.
S&P will hit 4000. P/E will be 30. Analysts will say its cheap.
Applle will see -10% earnings. Shares will reach $500
Fed will say valuation are reasonable and will make 3 cuts during the year. Will print more than $100 bln per month by the end of the year. Balance sheet will reach 6 trln by the end of the year
And Dump will say ... not enough.
And the "fiscally Conservatives" ahem will say .................... nuthin' LMAO