There are only eight trading days remaining in 2012 so it's that time of year for the 2013 predictions and prognostications. The analysts and media pundits will all jump on board testing their soothsayer abilities; there will be no shortage of opinions on the New Year. The blank template below provides a guide to record your own predictions for 2013. Forecasting one year in advance is not easy and the assessment of the prior year's predictions are always a comedic event since things rarely work out as planned. Nonetheless, the thought process to arrive at numbers is important and the task itself is important to the development of any trader.
Keystone will create a new 2013 Predictions page in the coming days and assess the 2012 predictions as well. An empty template is provided below where you can print and assign your own predictions. Forecasting is a big part of trading and it all starts with recording numbers so you have something to reference in the future. Have a friendly bet with a friend or two while honing your prediction skills. Place the predictions in an envelope in a desk drawer to be referenced one year from now. Then you can place the envelope to your forehead and announce that you have foretold the future, just like Carnac the Magnificient of Johnny Carson fame.
Keystone will create a new 2013 Predictions page in the coming days and assess the 2012 predictions as well. An empty template is provided below where you can print and assign your own predictions. Forecasting is a big part of trading and it all starts with recording numbers so you have something to reference in the future. Have a friendly bet with a friend or two while honing your prediction skills. Place the predictions in an envelope in a desk drawer to be referenced one year from now. Then you can place the envelope to your forehead and announce that you have foretold the future, just like Carnac the Magnificient of Johnny Carson fame.
Template for 2013 Market and Economic Predictions:
2013 Predictions By ________________________________:
Date: ______________.
· SPX High for 2013:
· SPX Close for 2013:
· SPX Low for 2013:
· Dollar Range ($USD):
· Dollar Closing Price ($USD):
· Euro Range ($XEU):
· Euro Closing Price ($XEU):
· 10-Year Note Yield Range ($TNX):
· 10-Year Note Closing Yield ($TNX):
· 30-Year Bond Yield Range ($TYX):
· 30-Year Bond Closing Yield ($TYX):
· Unemployment Rate % Range:
· Unemployment Rate % December 2013:
· GDP in December 2013:
· WTIC Oil Range ($WTIC):
· WTIC Oil Closing Price ($WTIC):
· Natty Gas Closing Price ($NATGAS):
· Gold Range ($GOLD):
· Gold Closing Price ($GOLD):
· Copper Range ($COPPER):
· Copper Closing Price ($COPPER):
· Commodities Range ($CRB):
· Commodities Closing Price ($CRB):
· China Growth Rate % Range:
· China Growth Rate % December 2013:
I must say the comment boards are quiet. I told you all to cover your shorts two days ago. I feel bad. all the TA in the world does not stop the casino based on fluff and you have to understand that. The markets do not run off of logic or too much "exuberance" they just correct so they can go higher. Like a party animal that goes home, and you think they are done, that they will stop boozing but they never do, they some how spring up again and are out partying again. One day they might OD but that's ok another partier is waiting to take their place and do it all over again. The markets will never roll over as all the posters want to believe, they will correct but not for long. it's the new steroid economy.
ReplyDeleteWatch VIX 15.85, UTIL 466 and JJC 45.50 for market direction.
ReplyDeleteCooper was lower yesterday, what gives with that?
ReplyDeleteDr. Copper is a leader so it is important where it wants to lead.
DeleteHow should we account for a crashing $ and crashing gold and silver at the same time?
ReplyDeleteLots of cross currents in the markets nowadays, so we will likely need to get into January for relationships to line out. There is multiple central bankers intervening, fiscal cliff saga, technical's are even throwing off mixed signals, so sometimes you have to give things a few days. PM's likely weakening in concert with commodities in general, and copper today. Despite the dollar weakness and euro strength it appears we may be at an inflection now. So time will tell.
DeleteGold is the old mans out dated hedge. It's sold to you like those BS gold coins on the survivalist sights. BS. It's like buy life insurance, open a "savings" account. Gold will mean nothing in the future economy. Fresh water, energy, and technology will be worth more than gold. Look at the miners, that is a racket if i have ever seen one. Buy ABX buy NGD, jokes.
ReplyDeleteAll asset classes have a place and it is smart to have your fingers in every pie. So it is prudent to hold gold. When the inflation and hyper inflation hits in the years forward gold will likely move to 2K, 3K and higher but this likely begins at the end of the 18-year cycle, at 2018-ish. The bull cycle was 1982-2000, now the bear 2000-2018, then the bull 2018-2036.
ReplyDeleteDiversification is key so its never good to close your mind to anything. Oil is also the worlds currency and look for a further shift to an importance in ag. Everyone's got to eat. Lots of good ideas there, water, ag, oil, energy, tech, and yes, a little gold too.