How much $1000 invested in Apple, Amazon, Bitcoin, Gold after Friday’s plunge would be worth on return to all-time highs

Federal Reserve Chairman Jerome Powell took the blame for sending financial markets into a tailspin on Friday with his hawkish Jackson Hole speech.

Rally numbers: The setback came even as the markets fought back from the weakness seen for much of the first half of the year. Most assets bottomed out in mid-June, raising hopes that sentiment may have turned.

However, Wall Street analysts and market participants disagreed on whether the mid-June reversal marked a sustained uptrend or a bear rally.

Historically, the turn of the year brings buyers into the market, thanks to Santa’s rally. However, September has been a dark horse, as markets have been lower more often than higher.

Louis Navellier, a fund manager, said in a recent note that the end of September could signal a bottom in the market. Regardless of the message telegraphed by Powell on Friday, the Fed may not make any major interest rate moves around the November midterm elections. And if inflation readings over the next few months show a downward trend, the bull-bear tug-of-war could go decisively in favor of the former.

Against this backdrop, here’s a look at how returns from investing in key instruments pan out in case these assets retest their record highs.

See also: Now that Tesla stock has split, how have Wall Street analysts adjusted their price targets?

How are returns stacked? Apple is a blue chip that has the highest weighting in the S&P 500 index. The stock bottomed out at $129.04 in mid-June and saw a nice rally until the Powell shocker.

Amazon, Inc. AMZN has been the best FAANG stock so far this year, and given the company’s many profit centers, it’s worth tracking.

Cryptocurrencies have also come under considerable pressure this year, with Bitcoin BTC/USD trading far from their historic highs. On Saturday and Sunday, the crypto broke below the psychological level of $20,000.

Are you ready for the next crypto bull run? Be prepared before it happens! Hear from industry thought leaders like Kevin O’Leary and Anthony Scaramucci at the 2022 Benzinga Crypto Conference on December 7 in New York City.

Equally interesting would be to look at gold, often considered a safe haven investment and inflation hedge, and the likely returns it could generate for potential investors if it returns to its heyday.

  • An investment of $1,000 in Apple Inc AAPL at Friday’s closing price of $163.62, that would add up to just over 6 shares. If the stock reaches its all-time high of $182.94 reached on January 4, the shares will be valued at $1,115.90, a return of about 12%.
  • A $1,000 put in Amazon shares at $130.75 as they closed on Friday would get 7.7 shares. If the stock fights back to the intraday high of $188.11 reached on November 11, 2021, the same shares would be valued at $1,448.50, yielding a return of 44.9%.
  • A $1,000 invested in Bitcoin at Saturday’s closing price of $20,041.74 would get 0.05 bitcoin. This fraction of bitcoin, if the crypto tests its November 10 all-time high of $68,789.63, would be worth $3,439.50, a return of 244%.
  • Gold ended Friday’s session at $1,750.80 per ounce, and the yellow metal had hit an intraday high of $2,089.20 on August 9, 2020. This would mean gold could generate a 19% return if it reaches this level.

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