Predictions: S&P 500 End of Year Target Price

traderfirstyear
2022-10-23

Investment Note - S&P 500 End of Year Target Price - This is an update due to choppy markets and high volatility the distribution of returns has dramatically expanded.

I am now forecasting as of the close of Friday's Price a range up or down of 9.5% (+/-) on the S&P 500 by December 31st, 2022. Buy into weakness Extremely Fast Nominal Growth continues to support Corp Revenue Growth and Margins.

200-Day Moving Avg - 4,134.71

Current Price 3,752.75

Price Target
High 4,098.74 or P/E 18.41 - Earnings Yield of 5.43%
Low 3,418.73 or P/E 14.25 - Earnings Yield of 7.0%

Current Earnings Per Share Estimates
2022 - 222.58

Consensus P/E 16.86 or earnings yield of 5.9%

2023 - 239.80

Consensus P/E 15.64 or earnings yield of 6.3%

Long-term investors need to use the 2023 shallow Recession as a time to load up on stocks. We will enter a bull market at some point in the very near future.

$Invesco QQQ Trust(QQQ)$  $Cboe Volatility Index(VIX)$ $DIA(DIA)$ $SPY(SPY)$  $TLT(TLT)$

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Comments

  • BlogArca
    2022-10-23
    BlogArca
    Is it too optimistic? The war between ukraine and russia havent end
  • JaiVenky
    2022-10-25
    JaiVenky

    Greatest hits! 

  • TraderGirl
    2022-10-28
    TraderGirl
    3800
  • DiAngel
    2022-10-26
    DiAngel
    Ok. Thanks
  • WYing
    2022-10-25
    WYing
    ok
  • super7white
    2022-10-23
    super7white
    huat
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