ilmscore | Prediction Details
By Traders Helping Traders | October 27, 2023 | Incorrect
Interpreted Prediction
Predicted that overvalued growth companies, using Amazon (AMZN) and Tesla (TSLA) as examples, will be the first to suffer significant losses during an upcoming market downturn or recession.
AI Evaluation Notes
The prediction stated that overvalued growth companies like Amazon (AMZN) and Tesla (TSLA) would suffer significant losses during an upcoming market downturn or recession. However, no significant market downturn or recession occurred between October 2023 and December 2025; instead, the overall market, as represented by the S&P 500 and NASDAQ, showed positive returns. Furthermore, both Amazon and Tesla experienced substantial gains during this period, with Amazon increasing by approximately 72.6% and Tesla by about 121.8%, directly contradicting the prediction of significant losses.

Prediction Details

Target
Overvalued growth companies will suffer significant losses
Predicted date
during the upcoming market downturn/recession

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