2017 Predictions Contest

Discuss your favourite picks, broker, and trading or investment style.
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kcowan
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2017 Predictions Contest

Post by kcowan » 21 Dec 2016 09:06

I will run the predictions contest again in 2017!

The averages of all predictions were pretty close for the GOLD:
Median 1125
Average 1138
Actual 1169

The rest of the averages were wildly pessimistic with a few notable exceptions!
Please enter your guesses or forecasts for the values on Dec 31, 2017 in the following format:

DOW:
TSX:
GOLD:
OIL:
CAD:

with the dollar amounts in USD. The index is just a number.

Deadline for entry is January 16th at 9:30 am EST. Results will be published monthly. If you decide to change your submission, please just edit the original submission before then. Good luck and happy investing.
Last edited by kcowan on 21 Dec 2016 16:37, edited 2 times in total.
For the fun of it...Keith

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scomac
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Re: 2017 Predictions Contest

Post by scomac » 21 Dec 2016 10:39

Some nice round numbers to get the ball rolling.

DOW: 20000
TSX: 16500
GOLD: $1350
OIL: $65
CAD: $.80

The best I could do in the absence of a random number generator or a barrel full of monkeys... :roll:
"On what principle is it, that when we see nothing but improvement behind us, we are to expect nothing but deterioration before us?"
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SkaSka
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Re: 2017 Predictions Contest

Post by SkaSka » 21 Dec 2016 15:13

DOW: 22,000
TSX: 16,500
GOLD: 990
OIL: 65
CAD: 0.78

Wildly and blindly chucking darts at a wall :thumbsup:

*Scout's honour that I didn't even look at scomac's picks until after posting my numbers!

big easy
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Re: 2017 Predictions Contest

Post by big easy » 21 Dec 2016 15:53

Generally a bullish forecast, oil up = CAD up, inflation up = gold up,

DOW: 21,000
TSX: 15,750
GOLD: 1250
OIL: 66
CAD: 0.81
"Everybody has a plan until they get punched in the face." Mike Tyson

Zeide
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Re: 2017 Predictions Contest

Post by Zeide » 21 Dec 2016 17:49

Dow: 18,500
TSX: 16,750
Gold: 1,175
Oil: 60
Cad? .78

Garthd
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Re: 2017 Predictions Contest

Post by Garthd » 21 Dec 2016 18:09

DOW: 27000
TSX: 21000
GOLD: 850
OIL: 75
CAD: .60

Good Luck to Y'all

Irwin
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Re: 2017 Predictions Contest

Post by Irwin » 21 Dec 2016 19:48

DOW: 17,900
.TSX: 14,600
GOLD: $1,270
...OIL: $59
CAD: $0.75

ADDED:
Nice 2016 re-cap from Art of Boring.
http://artofboring.com/twas-the-week-before-christmas/

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Spidey
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Re: 2017 Predictions Contest

Post by Spidey » 22 Dec 2016 16:40

DOW: 22,000
TSX: 17,000
GOLD: $1,150
OIL: $68
CAD: $0.84

This is tough year to predict (unlike the others :) ). I suspect a Trump bump might last the year but I also get the sense that a significant crash is in the cards within the next 2 years.
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kumquat
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Re: 2017 Predictions Contest

Post by kumquat » 22 Dec 2016 20:49

DOW: 2252
TSX: 1650C
GOLD: 1150
OIL: 67
CAD: 72
I don't intend to offend anyone, that part is just a bonus.

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Re: 2017 Predictions Contest

Post by Spudd » 23 Dec 2016 10:14

kumquat wrote:DOW: 2252
TSX: 1650C
GOLD: 1150
OIL: 67
CAD: 72
Did you mean 22520 for the Dow? Or are you predicting shock and horror?

I guess since I'm here now I might as well add some predictions too.
DOW: 22711
TSX: 13126
GOLD: 1000
OIL: 48.14 (I used west Texas oil, is that the right one?)
CAD: .794

I know these predictions make no sense, but that's what the random number generator told me to do!

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farco
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Re: 2017 Predictions Contest

Post by farco » 24 Dec 2016 17:12

DOW:21,000
TSX:16,350
GOLD:1150
OIL:57
CAD: 0.72

:thumbsup: :geek:

kukucanuck
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Re: 2017 Predictions Contest

Post by kukucanuck » 26 Dec 2016 11:28

DOW : 21250
TSX: 16400
Gold: 1335
Oil: 58.00
Can$: 0.765

kumquat
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Re: 2017 Predictions Contest

Post by kumquat » 26 Dec 2016 11:38

Spudd wrote:
kumquat wrote:DOW: 2252
TSX: 1650C
GOLD: 1150
OIL: 67
CAD: 72
Did you mean 22520 for the Dow? Or are you predicting shock and horror?

I guess since I'm here now I might as well add some predictions too.
DOW: 22711
TSX: 13126
GOLD: 1000
OIL: 48.14 (I used west Texas oil, is that the right one?)
CAD: .794

I know these predictions make no sense, but that's what the random number generator told me to do!
I think my typing needs improvement, you nailed it. I think i screwed up TSX as well, 16500
I don't intend to offend anyone, that part is just a bonus.

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Koogie
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Re: 2017 Predictions Contest

Post by Koogie » 26 Dec 2016 12:08

My first time. Here's hoping for beginners luck.

DOW: 20,700
TSX: 16,700
GOLD: 1170
OIL: 70
CAD: 0.70
Buy very little, sell even less.

nile
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Re: 2017 Predictions Contest

Post by nile » 26 Dec 2016 13:17

DOW: 19250
TSX: 16,00
GOLD: 1300
OIL: 52
CAD: 0.74
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kcowan
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Re: 2017 Predictions Contest

Post by kcowan » 26 Dec 2016 13:46

OIL: 48.14 (I used west Texas oil, is that the right one?)

I know these predictions make no sense, but that's what the random number generator told me to do!
Yes.
But the random number aspect will remove any satisfaction with a win!
Koogie wrote:My first time. Here's hoping for beginners luck.
It will take some luck. No bias towards beginners.
For the fun of it...Keith

Spudd
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Re: 2017 Predictions Contest

Post by Spudd » 26 Dec 2016 13:56

kcowan wrote:
OIL: 48.14 (I used west Texas oil, is that the right one?)

I know these predictions make no sense, but that's what the random number generator told me to do!
Yes.
But the random number aspect will remove any satisfaction with a win!
Indeed, I did consider that, but went with it anyways. I don't feel bright enough to predict it myself! And if I win by some crazy chance, it will at least be entertaining.

biker
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Re: 2017 Predictions Contest

Post by biker » 26 Dec 2016 14:04

DOW 21900
TSX 17075
GLD 1275
Oil 62
CAD .83
Live like you are dying but invest like you are immortal.

"Men do not quit playing because they grow old ; they grow old because they quit playing" Oliver Wendell Holmes

sparky61
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Re: 2017 Predictions Contest

Post by sparky61 » 27 Dec 2016 17:42

DOW: 18600
TSX: 14000
GOLD: 1375
OIL: 46
CAD: .66

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Mordko
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Re: 2017 Predictions Contest

Post by Mordko » 27 Dec 2016 23:21

DOW: 21,880
TSX: 13,780
GOLD: $1,028
OIL: $55
CAD: $0.67

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adrian2
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Re: 2017 Predictions Contest

Post by adrian2 » 28 Dec 2016 11:05

DOW: 18,888
TSX: 17,888
GOLD: $1,488
OIL: $88
CAD: $0.88
Imagefiniki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]

Shurville
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Re: 2017 Predictions Contest

Post by Shurville » 29 Dec 2016 15:42

Dow 21100
TSX 16800
Gold 1325
OIL $60
CAD .78

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Flaccidsteele
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Re: 2017 Predictions Contest

Post by Flaccidsteele » 29 Dec 2016 16:03

It's interesting to see such a wide range for the value of the Canadian dollar!
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Nortel'd
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Re: 2017 Predictions Contest

Post by Nortel'd » 29 Dec 2016 17:47

I predict
DOW: 21800
TSX: 17000
GOLD: 1150
OIL: 55
CAD: 0.72
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LadyGeek
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Re: 2017 Predictions Contest

Post by LadyGeek » 29 Dec 2016 20:20

I assume it's the prices quoted here: Yahoo Finance

DOW: 21,201
TSX: 16,789
GOLD: 1,234
OIL: 56.78
CAD: 0.7890

I recommend using the same precision as kcowan uses in his spreadsheet. It's a close contest, the extra places are needed to avoid a tie.

OIL is to 2 decimal places (56.78), CAD to 4 (0.7890).
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