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End of year NASDAQ
As of Oct 3rd, 2023, the NASDAQ currently trades at approximately $13,059.
The NASDAQ stands as a globally renowned exchange, prominently featuring tech stocks and serving as the home to tech giants such as Apple, Microsoft, and Amazon.
|End of Year NASDAQ
Looking at the timeframe we are currently facing, several things could alter the stock’s market index’s performance.
NASDAQ has declined in the past 2 months about $900 lowering anticipations that were projected in the summer.
— Yahoo Finance (@YahooFinance) September 29, 2023
Things don’t seem to be trending in a positive direction for the US economy as well as the NASDAQ this year.
Oddsmakers are just as skeptical on the economy bouncing back as they’ve priced Under $1400.50 as a sizable favorite at -175 odds at BetOnline. The implied probability of that price is 63%.
As much as I would love to be optimistic and bet against the sportsbooks in the hope the NASDAQ rises, I agree with them.
The price isn’t ideal, but it’s more likely than not what’s going to happen come December.
I would recommend betting on the Under $1400.50 for the End of Year NASDAQ price at -175 odds at BetOnline.
End of year FTSE
The Financial Times Stock Exchange (FTSE), now known as FTSE Russell Group, is a British financial organization that specializes in providing index offerings for the global financial markets.
|End of Year FTSE
Predicting the year-end closing value of the FTSE is challenging, as it is influenced by various factors similar to the NASDAQ and Dow Jones.
The trajectory of the global economy will be a key driver in boosting corporate earnings and supporting stock prices.
Conversely, a global economic slowdown could have a negative impact on corporate earnings, leading to a decline in stock prices.
Oddsmakers have set the odds at -140 for the FTSE to finish below $7,700.50, suggesting a 58% likelihood, according to their projections.
I recommend placing a wager on the “under,” which comes with -140 odds. Considering the similar forces influencing the NASDAQ and Dow Jones, they seem unlikely to experience growth while the FTSE remains stagnant.
In the end, the performance of the FTSE remains a captivating and dynamic field to watch, and I stand by my recommendation to bet on the “under” with -140 odds.
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End of year Dow Jones
The Dow Jones Industrial Average (DJIA) is a stock market indicator monitoring the progress of 30 top corporations listed on U.S. stock exchanges.
As of October 3rd, 2023, the DJIA exhibits trading activity at approximately $33,002.
|End of Year Dow Jones
When analyzing the potential factors influencing the DJIA’s performance by year-end, it’s crucial to consider global economic conditions, inflation rates, interest rate fluctuations, and the ongoing developments in Ukraine.
These variables can exert either a positive or negative influence on the DJIA’s value, and there are varying opinions among market analysts regarding its future performance.
Some experts anticipate the DJIA surging to nearly $40,000, while others adopt a more skeptical outlook, projecting a decline below $34,000.
The Dow Jones Industrial Average and S&P 500 were down as investors shifted their money to bonds. https://t.co/PeRsxDWIyj
— USA TODAY (@USATODAY) October 3, 2023
I recommend considering a wager on the Dow Jones, with the expectation that it will close below $34,000.50 by year-end. This wager comes with odds of -140 on Betonline.
This strategic move presents an opportunity to capitalize on a favorable market outcome.
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