So far since our last post on October 10, 2024 our guidance for the major market indices including but not limited to DJIA, S&P 500, and NASDAQ Composite have held true to form with regard to...

So far since our last post on October 10, 2024 our guidance for the major market indices including but not limited to DJIA, S&P 500, and NASDAQ Composite have held true to form with regard to the ‘FANTACY-Levels’ or if you would like to call them, ‘FANTACY-Numbers’!

Our original guidance set forth several years ago and coined on our blog as ‘FANTACY-Levels’ or ‘FANTACY-Numbers’ are listed below:

DJIA was 42,400.00

S&P 500 was 5,800.00

NASDAQ Composite was 18,400.00

Our most recent guidance as posted on October 10, 2024 have all held true to form with all major market indices ascending significantly above the levels from October 10, 2024 and closer to the updated 'FANTACY-Levels' or 'FANTACY-Numbers' posted on October 10, 2024.  

The levels posted October 10, 2024:

'FANTACY-Levels'

-OR- 

'FANTACY-Numbers' 

-ARE AS FOLLOWS-

DJIA Level is 46,800.00

This guidance would be an updated gain for the DJIA of 2,651.44 points which would be a 6.00% increase above the existing level of 44,148.56 which was the level before the opening bell on December 12, 2024.

S&P 500 Level is 6,400.00

This guidance would be an updated gain for the S&P 500 of 315.81 points which would be a 5.20% increase above the existing level of 6,084.19 which was the level before the opening bell on December 12, 2024.

NASDAQ Composite is 20,400.00 

This guidance would be an updaed gain for the NASDAQ Composite of 365.10 points which would be a 1.80% increase above the existing level of 20,034.90 which was before the opening bell on December 12, 2024.

*NOTE:  We have seen several record closes since our most recent post.

**NOTE:  Our most recent post was October 10, 2024.

***NOTE:  The levels above are before today's opening bell.

It is possible to reach the above levels however there may or may not be a pull-back of sorts in the next 2 to 7 weeks however we are 'BULL-ish' and will remain 'BULL-ish' through the end of this year and the early part of next year while monitoring political and geopolitical factors associated with the landscapes that affect the major market indices.  

Be well and stay well!

All the best...