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Why This Market Strategist Sees 23% Gain For S&P 500 Index This Year: 'Volatility To Sink Sharply'
Tuesday, January 10, 2023 - 7:37am | 714Fundstrat’s Head of Research Tom Lee, who has the most optimistic end-of-year S&P 500 forecast once again raised the specter of a strong year for the market. What Happened: The first four days of 2023 have seen a gain of 1.4% by the S&P 500 Index. This is an omen for a strong...
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Today In Cryptocurrency: Bank Of America Calls Cryptos 'Troubling,' Fundstrat Predicts $64,000 Bitcoin Price
Thursday, May 10, 2018 - 6:15pm | 510The cryptocurrency market continued a sluggish start to the week Thursday, with most major currencies trading down more than than 1.5 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move. Headlines...
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What Is Backwardation, And Why Could It Mean $60 Oil?
Monday, June 5, 2017 - 3:17pm | 457While the S&P 500 has rallied 8.9 percent in 2017, oil and energy investors have been left in the dust. The Energy Select Sector SPDR (ETF) (NYSE: XLE) is down 13.3 percent and the United States Oil Fund LP (ETF) (NYSE: USO) is down 16.8 percent on the year as WTI crude oil prices have once...
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This High Yield Indicator Is Predicting A 100% Probability Of A Stock Market Spike
Saturday, May 7, 2016 - 2:01pm | 305The S&P 500 has started off the month of May with a scary 1.9 percent selloff, but the credit markets are looking much more bullish. According to Fundstrat analyst Thomas Lee, the credit market is predicting that the S&P 500 may be in for a major bounce in coming months. “High-yield...
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Historical Analysis: Do Returning Founder CEOs Boost A Company's Stock Price?
Friday, April 8, 2016 - 12:49pm | 381Twitter Inc (NYSE: TWTR) and Pandora Media Inc (NYSE: P) are the latest companies hoping that a blast from the past can kick-start their businesses. Both companies are struggling with generating profits, and both have recently named founders of the company to the CEO position in an effort to turn...
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14 Healthcare Stocks Fundstrat Is Buying
Monday, October 5, 2015 - 11:39am | 501Fundstrat believes that traders should be buying the dip in Healthcare stocks. The firm sees a compelling risk/reward balance in several quality healthcare stocks. History shows that buying Groups that have fallen 20 percent or more in a month typically generates strong returns. In a...
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Fundstrat's 2 SMid-Cap Tech Ways To Play Jobs Market
Wednesday, July 1, 2015 - 10:00am | 271In a report published Wednesday, Fundstrat analyst Sam Doctor said that the jobs market was improving, while adding GrubHub Inc (NYSE: GRUB) and Sabre Corp (NASDAQ: SABR) to the Actionable Ideas list. In the report Fundstrat noted, "The US economy still underinvests by about $1T annually, including...