21-09-2022, 10:53 AM
3 targets for s&p500 has emerged
1. 3200 ....if Fed goes through with 0.75%, 0.5% and 0.75% taking rates to 4.5%.
2. 2800..if additionally there is earnings contraction the likes of FedEx.
3. 2200 and below....recession hits...probably I will be a buyer here.
According to Dan Miles who has been a top performer in recent years, whole thing will be played out to the end only in June 2023. We are at exactly half way point.
Possible disruptors to this forecast is 1. Russian ends war 2. Inflation suddenly falls and end.
Investors be prepared for the nasty.
1. 3200 ....if Fed goes through with 0.75%, 0.5% and 0.75% taking rates to 4.5%.
2. 2800..if additionally there is earnings contraction the likes of FedEx.
3. 2200 and below....recession hits...probably I will be a buyer here.
According to Dan Miles who has been a top performer in recent years, whole thing will be played out to the end only in June 2023. We are at exactly half way point.
Possible disruptors to this forecast is 1. Russian ends war 2. Inflation suddenly falls and end.
Investors be prepared for the nasty.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.