Prediction Contest: S&P 500 on Dec. 31st
As of Friday's close the S&P 500 is up +16.9% in 2013. If stocks kept up this torrid pace, then they would be up +52% on the year. That would be at 2168 on the S&P 500 (If you believe that will be the case, then I recommend you spend less time in an opium den ;-)
So what is more realistic finish to the year for the S&P 500?
Put your answer in the comments section below. And be sure to add some color commentary as to why you think your prediction will be right. Meaning why so bullish, bearish or neutralish...is that a word?
This should be a lively conversation. I look forward to it!
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