Birinyi's 160% Annualized Performance Expectations For 2013

Tyler Durden's picture

The high-pitched happy Hungarian is back - and this time he is serious. Laszlo Birinyi, the guru of gurus, who (back in January 2011 - as we noted here) forecast the S&P 500 to be at 2854 by September 2013, now sees the S&P 500 at 1500 by year-end (which looks mysteriously like yet another of his famous ruler-applications). What is fascinating about this oh-so-valuable prediction is that it implies Birinyi believes 2013 is the year of all years - a 90% rally in the first 9 months according to the newsletter-peddler - or a 160% annualized return. Trade accordingly.

 

 

Chart: Bloomberg

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mrktwtch2's picture

do we buy some more appl and amzn??

fireangelmaverick's picture

Birinyi's ruler, is that like Occam's Razor?

All other things being equal the biggest bull is full of the most shit.

Precious's picture

Oh yah.  That will happen.  Also in 2013 we will discover cold fusion.

Either that or eating locusts and prospecting for gold in graveyards.

Douglasnew's picture

Better hope no one EVER discovers Cold Fusion because that means the average Terrorist also has access to unlimited and cheap energy. It's the biggest "Be Careful What You Wish For" that man has ever known besides the good old Nuclear Fission discovery which thankfully happens to be hard to create at home (as opposed to what we'd be facing with the advent of Cold Fusion).

LMAO's picture

You can use Birinyi's ruler like a razor and apply some Occam's aftershave when you're finished.

Birinyi's ruler is a useless tool but at least you will smell good.

Precious's picture

All the dinosaurs died in 997,988 BC.

fourchan's picture

man loses ass and rest of voice.

CPL's picture

No you buy gold, silver and stockpile food/ammo/clothing.  While you'll get 160% annualized returns, and it's easy to purchase all those awesome stocks and bond suggestions.  It doesnt' mean they have a buyer.   His function is all wrapped around CTRL-P on the central bank level and treasury boards grabbing more tax "revenue" (like a government has revenue...lol).

 

Then again anyone here could make 160% annualized by putting all their capital into oil.  Biriyani calls 2400 next year.

 

I'm calling for triple price gas using today's prices as the marker if the guru is throwing numbers around.

$600 per barrel for sweet light crude. 

$3000 per ounce of Silver

$34000 per ounce of Gold

$450 for shit tier coal/tar sands gas. Wreck an engine in a year kind of oil produced so far.  No more BMW's, no more E85, no more hybrids, no more electric car...just burning filth in a tank.  Disgusting but beggars cannot be choosers.

$500-520 for African high sulfur content per barrel.  Needs more refinery work, but it won't wreck an engine.

Food, if available...everyone is closing exports.  Even in secret in Canada.  So stockpile, be a head of the curve.

 

The last month the articles coming out of gas stations running out of fuel and not expecting more is up to around 18000 per day as of today in all languages.  For those that wish to catch a glimpse of the highlights might want to head over to the ricefarmer.blogspot.ca.  He has faithfully been tracking the highlights of the ignored stories out there.

dwayne elizando's picture

So are you saying that all the local gas stations which seem to have "out of order" signs up on their pumps atleast once a week is gonna get worse?

JHole2012's picture

I wouldn't touch APPL. Can't defy gravity and when the S&P corrects after tomorrow's failed J-Hole speech, AAPL will come down with it. Yeah buy it if youre a long-only (read: yawn-only) PM looking to lose less money than the general market. If you're in it for absolute returns, short the index. 

 

Btw check out this game  - i couldn't stop LOLing while playing it. In light of Occupy's 1 year anniversary soon. It's called Bankers vs. Humans. Very tounge and cheek. For iphone.

http://itunes.apple.com/gb/app/bankers-vs.-humans-hd/id514323529?mt=8

Randall Cabot's picture

Be careful. I heard Laszlo the Clown on Bloomberg Radio last August predicting S&P 1600 or something by the end of the year-the crash started later that day. But he wasn't that far off by a few months into 2012!

JHole2012's picture

I wouldn't touch APPL. Can't defy gravity and when the S&P corrects after tomorrow's failed J-Hole speech, AAPL will come down with it. Yeah buy it if youre a long-only (read: yawn-only) PM looking to lose less money than the general market. If you're in it for absolute returns, short the index. 

 

Btw check out this game  - i couldn't stop LOLing while playing it. In light of Occupy's 1 year anniversary soon. It's called Bankers vs. Humans. Very tounge and cheek. For iphone.

http://itunes.apple.com/gb/app/bankers-vs.-humans-hd/id514323529?mt=8

Dr. Engali's picture

By the time we get to qe 4 and 5 with the shelf life getting shorter and shorter we might be there. A loaf of bread will cost a couple hundred bucks but the S&P will be rockin.

Dr. Engali's picture

One good thing about politicians is they can always provide us with something to laugh about. It's too bad everything else that comes along with them is so dangerous.

vast-dom's picture

correction: he said 1503.249455235 by Feb 6th, 2:53 eastern time, 2013.

 

/sarc off

 

based on...............hopium out of thin air.........FUCK THE PONZI PLANET!

Unprepared's picture

Yet, you CANNOT prove him wrong. Even if his predictions do not come to pass, how could you know it wouldn't have happened if this or that event did or didn't occur.

So both his reputation and self-image are intact.

/sarc off?

ptoemmes's picture

With the requisite level of (hyper) inflation?!

What's he think the price of a gallon of regular gas - I mean petrol - is going to be?

TruthInSunshine's picture

I just want to say watch out & tread carefully. Whisper rumor on the street that Birinyi traded his ruler in on a TI-84 Graphing Calculator, bitchez.

scatterbrains's picture

so when does he expect the dollar crash that will get us there ?

 

Uber Vandal's picture

Perhaps he is using a data set from Zimbabwe, ca. March, 2007, as a model.

https://mises.org/daily/2532

http://gregnguyen.blogspot.com/2010/10/zimbabwe-market.html

Hype Alert's picture

Central banks are great a luring the government into issuing more and more debt, then they have to issue debt to pay the interest on the existing debt.  One wonders how something so obvious can happen.  I guess when they CB says they can raise rates in 15 minutes, that's all the cover the gov't needs to keep selling out the taxpayers. 

CPL's picture

It's like an instant replay in charts

 

Hype Alert's picture

This market's a snooze fest. 

lolmao500's picture

The only way that happens is if some revolutionary, once in a lifetime invention gets out within weeks and everybody can buy it.

Something like free energy in your house for a few dollars.

Since that won't happen, the only way in nominal terms it happens is massive devaluation by Chairsatan.

But probably none of that will happen, not on the timeline he says anyway.

So he's full of shit.

Schweizer Bankster's picture

If you look at the graph closely it appears Birinyi's boat is sinking into a choppy sea

DavidC's picture

Naughty Tyler(s)!

DavidC

socalbeach's picture

So if I think Birinyi is a clown, am I supposed to give this article 1 star or 5 stars?

Jaman's picture

Lazlo Birinyi = Fozzie the Bear, incarnate.

Waka, Waka!

Dollar Bill Hiccup's picture

All in. It's gonna be great. Better than Tepper.

kito's picture

definition of bi polar disorder..........following birinyi and rosenberg.........

LooseLee's picture

Somebody please shoot this idiot SOB and put him (and us) out of his misery!

rosiescenario's picture

It will not matter to anyone by then since it will only be the bots trading among themselves...