Graham Stephan: SPY will rise

Said on Oct 1, 2021, at 12:49 in the video.

What was said
Graham Stephan

@grahamstephan

“any dip in the market is a good opportunity to buy in at a lower price.”
Watch at 12:49Stop Buying Homes
PredictionSPYwill riseChecked at fixed windows, from 30 days to 5 years

Recorded as the market, a word for a group: this call is judged on SPY, the stand-in the method assigns to it.

What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$428.64

Oct 4, 2021

Price at close

$357.18

Sep 30, 2022

Total return, dividends included

−15.4%

SPY closed at $428.64 on Oct 4, 2021. On Sep 30, 2022 it closed at $357.18, a total return of −15.4% (dividends included). The call was that it would rise.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Incorrect

The window it was checked over

SPYWindow checked
$350$400$450$500Apr 2021Aug 2021Dec 2021Apr 2022Jul 2022Nov 2022Said on Oct 1, 2021
$350$400$450$500Apr 2021Oct 2021May 2022Nov 2022Said on Oct 1, 2021

SPY closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Correct$428.64Oct 4, 2021$459.25Oct 29, 2021+7.1%Total return, dividends included—
90 daysR-DIR v4Correct$428.64Oct 4, 2021$476.16Dec 30, 2021+11.5%Total return, dividends included—
180 daysR-DIR v4Correct$428.64Oct 4, 2021$458.70Mar 30, 2022+7.7%Total return, dividends included—
1 yearR-DIR v4Incorrect$428.64Oct 4, 2021$357.18Sep 30, 2022−15.4%Total return, dividends included—
3 yearsR-DIR v4Correct$428.64Oct 4, 2021$573.76Sep 30, 2024+39.9%Total return, dividends included—
5 yearsR-DIR v4Correct$428.64Oct 4, 2021$762.63Sep 30, 2026+90.2%Total return, dividends included—
Why: 30 days

SPY closed at $428.64 on Oct 4, 2021. On Oct 29, 2021 it closed at $459.25, a total return of +7.1% (dividends included). The call was that it would rise.

Why: 90 days

SPY closed at $428.64 on Oct 4, 2021. On Dec 30, 2021 it closed at $476.16, a total return of +11.5% (dividends included). The call was that it would rise.

Why: 180 days

SPY closed at $428.64 on Oct 4, 2021. On Mar 30, 2022 it closed at $458.70, a total return of +7.7% (dividends included). The call was that it would rise.

Why: 1 year

SPY closed at $428.64 on Oct 4, 2021. On Sep 30, 2022 it closed at $357.18, a total return of −15.4% (dividends included). The call was that it would rise.

Why: 3 years

SPY closed at $428.64 on Oct 4, 2021. On Sep 30, 2024 it closed at $573.76, a total return of +39.9% (dividends included). The call was that it would rise.

Why: 5 years

SPY closed at $428.64 on Oct 4, 2021. On Sep 30, 2026 it closed at $762.63, a total return of +90.2% (dividends included). The call was that it would rise.

What was said around it

to prove beyond a reasonable doubt that insider trading was the cause. As a result, the vast majority of retail investors do not fully trust the market during a time where financial literacy is more important than ever. Investors also feel like now is the time to begin taking risk off the table with more than 75% of them saying that now is the time to be more conservative with their investments in the market. By and large, there is a lot of uncertainty in the market right now. But I will say this, the good news is that everything right now is temporary. And any dip in the market is a good opportunity to buy in at a lower price. After all, if you're making an investment, all things being equal, it's better to buy that investment at a lower price, right? Well, that exact psychology applies here. So, don't fear the red, but instead buy it. And lastly, the story you all came for. The creators of South Park, Matt Stone and Trey Parker, have recently signed a deal to buy Casabonita for $3.1 million in a move they call the most crowning achievement of my life. For those who don't know, this all started with an episode where Kartman scored a birthday invitation to the restaurant, but was later

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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