Tom Lee

Famed market analyst Tom Lee, managing partner of Fundstrat, summarized trade ideas on Monday following President-Elect Donald Trump’s victory. Fellow analyst Ryan Detrick concurred with two of Lee’s ideas. Tom Lee’s Picks: Lee appeared on CNBC Monday morning, touting cyclical and...

Small-cap stocks could see a significant boost under President-elect Donald Trump’s presidency, potentially doubling their value over the next two years, according to Tom Lee, head of research at Fundstrat. What Happened: During an interview with CNBC on Friday, Wall Street strategist Lee...

Wall Street strategist Tom Lee forecasts a significant market rally through year-end, citing renewed investor confidence following President-elect Donald Trump‘s victory and strong market performance. What Happened: Lee, head of research at Fundstrat, told CNBC’s Halftime Report that...

Wall Street maintained a cautious stance amid a flurry of earnings reports this week, while markets posted gains for the sixth consecutive week. With some important tech companies scheduled to announce their earnings this week, the Nasdaq Composite kicked off the week on a positive note even as the...

The S&P 500 and the Dow Jones Industrial Average are perched at record highs, while the Nasdaq Composite is on the cusp of joining its major counterparts in record territory. Unfazed by the stretched valuations, CNBC Mad Money host Jim Cramer on Monday raised the specter of further upside....

U.S. stocks could get off to a mixed start on Monday after the averages posted weekly gains for a fifth straight week. The bond market is closed on account of Columbus Day, which is a federal holiday, but the stock market will trade during usual hours. The majority opinion among strategists hints...

Tom Lee, Managing Partner at Fundstrat, expressed his views on the current market situation amid a backdrop of heightened market uncertainties, including Middle East tensions, the impact of Hurricane Helene, the ongoing dockworkers’ strike and the looming presidential election. What Happened...

Stocks are gearing up for another nervy start on Tuesday after they scrapped through in the previous session to finish a seasonally weak September on a high. Some strategists point to the unusual September gains as a testament to the market’s resilience. The unequivocal belief is the gains...

The September slump will likely continue as the index futures are sharply lower early Wednesday. Traders will likely wait and watch to see how the labor market data, due for the week, pan out and their implications for the Fed funds rate. Wharton Professor and WisdomTree Chief Economist Jeremy...

Tom Lee, a prominent equity strategist, has shifted to a cautious stance, anticipating a 7%-10% market pullback in the coming weeks. What Happened: Lee, co-founder and head of research at The Fundstrat who has been accurately bullish on the market, now foresees turbulence over the next eight weeks...

Traders apparently are baking in expectations that Federal Reserve Chairman Jerome Powell will confirm at Jackson Hole that a rate cut is forthcoming. After Thursday’s hiccup, stocks appear on track to open higher, with the index futures modestly higher early Friday. While delving into...

Fundstrat Global Advisors’ managing partner Tom Lee has criticized Federal Reserve Chair Jerome Powell for overly relying on data, which Lee says is impairing the Fed’s decision-making capabilities. What Happened: Lee expressed concern over the Fed’s heavy reliance on data to...

Democratic presidential candidate Kamala Harris is widely expected to continue the policies of President Joe Biden’s administration, where she has played a key role. At the Democratic National Convention that is being held in Chicago, Harris outlined her stance on taxation and it did not go...

Wall Street appears on track to build on gain as expectations concerning a continued moderation in inflation and soft-landing gain ground. The major index futures point to a modestly higher open on Friday as the S&P 500 and the Nasdaq Composite indices look to extend their six-day winning run....

The resilience of the market was in full display on Monday after last week’s “historical comeback” by the market. The major index futures traded higher, albeit by a modest magnitude. The yen weakened amid a stock market holiday in Japan and this should serve to keep the carry...