Where is the S&P 500 going if it follows the path of 1929-1930

[Junkou]

So how will the market go if it follows the path:

April 13: S&P 500 should fall about 1%. IT DID down 1.01%!
April 14: S&P 500 should go up about 2.6%. IT WAS UP 3%!

April 15: S&P 500 will go down slightly (about 0.5%)
April 16: S&P 500 will go up about 1%

April 17-April 27: The S&P 500 will go down about 10%.

Let's see.

 

[hilmy83]

So how will the market go if it follows the path:

April 13: S&P 500 should fall about 1%. IT DID down 1.01%!
April 14: S&P 500 should go up about 2.6%. IT WAS UP 3%!

April 15: S&P 500 will go down slightly (about 0.5%)
April 16: S&P 500 will go up about 1%

April 17-April 27: The S&P 500 will go down about 10%.

Let's see.

whats the correlation coeff now?

 

[murray t turtle]

The Fed is the stock market now.
1929-1930 has zero chance of happening.

%%
That + some made millions by starting selling oil by the quart.LOL
And the US stock market uptrended>> 100 years + before the FED was formed...................................................................
This looks like 2009 for SPY, down severe for 2 months + then up trend s well.
NOT a prediciion

 

[Junkou]

Down 2%+ today as expected.

 

[S2007S]

Weekly Unemployment numbers out soon. Should top 20,000,000!!!!!!!!!!!


But markets shrug off unemployment numbers these days, the worse equals the better.

 

[S2007S]

Weekly Unemployment numbers out soon. Should top 20,000,000!!!!!!!!!!!


But markets shrug off unemployment numbers these days, the worse equals the better.

And there you goooooo
20,000,000+ and wallstreet actually jumped on the news


Amazing that every week unemployment has surged wallstreet has gone the same direction....


US weekly jobless claims total 5.245 million vs 5.0 million estimate
PUBLISHED THU, APR 16 20208:30 AM EDT

 

[never2old]

The correlation so far is 94%! If it really follows the path, the S&P 500 Index will climb to about 3000 at the end of June, and fall to 1500 in April next year. A 50% crash!

It's a different world, different time & place compared to the depression years.

For an accurate assessment we need to get Trump's opinion on this.

My take - S&P back to 3000 by end of 2020. Don't see it dropping back below 2300 in 2021