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Wall Street Experts Dismiss Rate Cut Fears, Middle East Tensions, Predict Bull Market's Continuation
Wednesday, April 17, 2024 - 1:03am | 878Despite recent concerns, Wall Street veterans are confident that the bull market will persist, citing a robust U.S. economy and the potential of artificial intelligence (AI) as key drivers. What Happened: The U.S. stock market has experienced a recent downturn due to escalating tensions in the...
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Fundstrat's Tom Lee Encourages Investors to Seize Market Dip Amid Inflation Concerns, June Rate Cut Remains Feasible
Thursday, April 11, 2024 - 10:24pm | 661In the wake of a market sell-off triggered by the inflation report, investors are being urged to buy stocks, with Fundstrat suggesting a potential June rate cut is still on the table. What Happened: Fundstrat’s Tom Lee has advised investors to take advantage of the market downturn following...
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February 'Hot' Inflation Report Could Spark Market's Next Big Sell-Off, Warns Fundstrat's Tom Lee: 'Stocks Could See Selling Pressure'
Thursday, March 7, 2024 - 9:56pm | 709The stock market could be on the verge of a significant shift, with a crucial inflation report potentially triggering the next major sell-off, according to Tom Lee, the head of research at Fundstrat. What Happened: The February Consumer Price Index (CPI) report, scheduled for release on Mar. 12,...
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Bitcoin To Hit $150K By Year-End, Says Fundstrat's Tom Lee: '...A Beeline Back Towards Its Long-Term Trend Line'
Tuesday, March 5, 2024 - 2:56am | 717In a recent development, Tom Lee, the head of research at Fundstrat, has made a bullish prediction for Bitcoin. What Happened: Lee shared his outlook for the future of Bitcoin on CNBC’s “Last Call.” He believes that Bitcoin’s price will soon reach its long-term trend line of...
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Market Correction Coming? Fundstrat's Tom Lee Issues Warning As S&P 500 Nears 5,000 Mark: 'I Think A Drawdown Follows'
Wednesday, February 7, 2024 - 3:43am | 653The stock market is on the brink of a significant correction, according to a prominent Wall Street strategist. What Happened: Tom Lee, a well-known equity strategist at Fundstrat, has warned investors that a stock market correction is imminent. This prediction comes on the heels of a 21% surge in...
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Fundstrat's Tom Lee Bullish On Strengthening Stock Market Amid Falling Inflation And Fed's Labor Market Confidence
Tuesday, February 6, 2024 - 3:58am | 681The stock market is showing remarkable resilience in 2024, with inflation easing and the Federal Reserve less worried about the robust U.S. job market. This is the view of Fundstrat‘s Head of Research, Tom Lee, who accurately predicted the S&P 500’s 24% increase in 2023. What...
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Bitcoin $150k This Year? Fake SEC Post Is Reminder Bitcoin Can Be Trusted In 'Trustless World,' Tom Lee Says
Wednesday, January 10, 2024 - 3:25pm | 554The U.S. Securities and Exchange Commission is making headlines Wednesday after the agency’s X account was compromised and an unauthorized post was sent. Fundstrat’s Tom Lee believed it’s a reminder that Bitcoin (CRYPTO: BTC) is one of the only things in this world that can be...
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$6 Trillion Cash On The Sidelines Poised To Drive Stock Market Growth In 2024: Fundstrat
Sunday, December 24, 2023 - 3:08pm | 317The stock market is set to see a significant boost next year, thanks to a record $6 trillion and a growing cash pile in money market funds, according to Fundstrat’s technical strategist Mark Newton. What Happened: Newton is of the opinion that funds might begin to deploy cash in the new year...
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Gold Prices On Track For All-Time Highs, Eyeing $2,500: Fundstrat
Thursday, November 23, 2023 - 7:34am | 476In a golden ray of hope for investors, the price of the precious metal is set to climb to record highs, with a potential leap to a staggering $2,500. A report by Business Insider revealed a 3% surge in gold futures in recent weeks, temporarily breaking the significant $2,000 per ounce barrier. This...
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US Stocks Ease As Oil Price Spikes To 10-Month High, Dollar Gains: What's Driving Markets Tuesday?
Tuesday, September 5, 2023 - 1:42pm | 1004The U.S. stock market resumed trading Tuesday following the Labor Day holiday, and investor confidence appears subdued due to concerns stemming from a significant surge in oil prices resulting from the announcement of prolonged production cuts by Russia and Saudi Arabia. The major U.S. stock...
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Stocks Rebound, Value Makes Comeback, Treasury Yields Resume Climb: What's Driving Markets Monday?
Monday, August 7, 2023 - 1:50pm | 1106At the start of the week, the U.S. stock market is attempting to break the negative streak of four consecutive sessions in the red, with all major indices for large-cap stocks showing gains at midday trading in New York. The outperformance of value stocks compared to growth stocks continues, as the...
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Notable Wall Street Bull Says 'Be Wary' As Potential Stock Market Sell-Off Looms: 'Investors Simply Need To Be Vigilant'
Friday, August 4, 2023 - 11:06pm | 469Fundstrat’s Tom Lee, a notable Wall Street bull, warns of a potential stock market sell-off in the coming weeks, Business Insider reports. Despite his bullish stance on stocks for the second half of the year, Lee sees worrying signals that prompted him to issue a tactical warning. “...
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Nasdaq Plunges, VIX Spikes As US Credit Downgrade Sparks Rush To Cash: What's Driving Markets Wednesday?
Wednesday, August 2, 2023 - 1:17pm | 1463Wednesday is shaping up to become one of the most negative trading sessions of the year, with a sharp spike in the VIX, the market’s fear gauge, rising by 16% as of midday New York trading, the largest daily increase since March 9 when Silicon Valley Bank collapsed. Wall Street was rattled by...
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Bullish Analyst's Bold Tactical Call: S&P 500 To Rally 1% This Week As CPI Print Will Shatter 'Entrenched Pessimism'
Monday, July 10, 2023 - 10:16am | 634The market has been on a lean trot since last week. Major averages pulled back from multi-month highs amid rate fears. Now, the most bullish analyst on Wall Street is giving a bold, "tactical call" for the S&P 500 Index. What Happened: The market moves a lot around the consumer price inflation...
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S&P 500 Could Rally Over 20% In 2023, Says Market Strategist: 'Akin To 1982 When Stocks Went Nearly Vertical'
Wednesday, January 25, 2023 - 2:53am | 617The stock market has started off 2023 on a positive note, raising hopes of a revival after 2022's dismal showing. What Happened: The S&P 500 Index could rise over 20% this year, going by the rule of first five days, Fundstrat’s head of research Tom Lee tweeted on Tuesday. When the S...