Thursday, May 19, 2016

This Year's S&P 500 Target: 1,573 to 2,458

May 18, 2016
CNBC: The S&P 500 could plummet to 1,573 this year: NorthmanTrader's Henrich

"If GAAP earnings can reverse the trend and reverse higher, then markets can break to sustained new highs with technical targets of 2,334 and 2,458," Henrich told CNBC.

That's 4 significant digits of precision on both the downside target and the upside target. Scientists and mathematicians agree, you can therefore trust these numbers.

Invest accordingly!

What? Confused about what to do? Need I really spell it out?

1. The S&P 500 could fall 22.89% ± 0.01%. Scary! Sell your stocks!

2. The S&P 500 could rise 20.49% ± 0.01%. Awesome! Buy back those stocks you just sold!

3. Repeat until transaction fees financially ruin you.

I can't speak for you, but I'm always looking for new ways to add more technical analysis into my life. It makes everything so much more predictable.


dearieme said...

Astrology would probably cost you less than "technical analysis".

Stagflationary Mark said...


Are tou factoring in child support? ;)

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