Submitted by Onereasonwhy t3_1011gfv in wallstreetbets
What is your wildest prediction for 2023?
Let's do both upside, downside & neutral. Here's mine:
Wild Upside: Lucid will 10X from here! (hey, it's supposed to be wild)
Neutral: Real Capitulation, meaning panic selling and naked terror, will all happen in Q1 as the Fed finalizes its last rate hike. That will be the true bottom, after which even the slightest good news will be considered a reprieve and market will slowly (very slowly) go up for the rest of the year.
Wild Downside: QQQ goes down another 50% from here and doesn't touch its 200 day moving average for the rest of 2023 (i know but it's supposed to be wild)
What is your prediction?
Feel free to elaborate your reasoning.The collective brainpower of WSB regards should deliver mucho savvy insights!