-
Why Trump's Win Has 2 Market Experts Betting On Small Caps, Financials
Monday, November 11, 2024 - 3:32pm | 502Famed 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...
-
Trump Presidency Could Be A Boon For Small Cap Stocks: Fundstrat's Tom Lee Sees Them Doubling Over Next 2 Years
Saturday, November 9, 2024 - 4:14am | 528Small-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...
-
Market Surge Predicted To Reach 10% By Year-End As Trump Victory Fuels Stock Rally, Says Fundstrat's Tom Lee
Friday, November 8, 2024 - 6:28am | 512Wall 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...
-
US Stocks Remains On Edge Ahead Of Flurry Of Earnings From Lockheed Martin, GM And Others: This Is Still A 'Buy The Dip' Market, Says Expert
Tuesday, October 22, 2024 - 7:11am | 1170Wall 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...
-
Jim Cramer Says Earnings Season Will Fuel Market's Record Run, But Warns Of This 'Horrendous' Headwind That Could Apply Brakes To Rally
Tuesday, October 15, 2024 - 4:08am | 871The 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....
-
Nasdaq, S&P 500 Futures Rise Solidly Ahead Of Q3 Earnings Season, Boeing Drags Dow: This Strategist Sees 'A Lot Of Firepower' Supporting Market After Election
Monday, October 14, 2024 - 6:59am | 1379U.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...
-
Investor Advises Buying The Dip Amid 'Tricky Period' In Market: 'The Setup Into Year-End Has A Lot Of Tailwinds'
Wednesday, October 2, 2024 - 10:20am | 543Tom 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...
-
US Stocks Set For Shaky Start Ahead Of JOLTS Data, Nike Earnings: Strategist Says These 3 Structural Drivers Support 'Buying The Dip'
Tuesday, October 1, 2024 - 6:54am | 1395Stocks 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...
-
No Respite For US Stocks As Futures Sag, VIX Spikes 10%, Bitcoin Slides: Strategist Warns Of Further Pain In September, But Recommends Buying Dip
Wednesday, September 4, 2024 - 7:01am | 1499The 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...
-
Market Bull Warns Of Up To 10% September Pullback, Urges Caution But Stresses Be Ready To 'Buy That Dip'
Wednesday, September 4, 2024 - 3:30am | 620Tom 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...
-
US Stocks Eye Strong Start As Traders Discount Dovish Comments From Jerome Powell At Jackson Hole: Nvidia's Earnings Will Reinforce That Tech Stocks Are In Good Place, Says Strategist
Friday, August 23, 2024 - 6:39am | 1206Traders 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...
-
Jerome Powell's 'Data Dependence' Approach Criticized By Fundstrat's Tom Lee: 'It's The Reason They Missed The Inflation Turn'
Thursday, August 22, 2024 - 9:25pm | 689Fundstrat 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...
-
Wall Street Labels Kamala Harris' Proposed Tax On Unrealized Gains As 'Dumb' Move: 'Opposite Of Creating Incentives To Be Long-Term Oriented'
Wednesday, August 21, 2024 - 9:15am | 753Democratic 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...
-
US Stocks Strive To Keep Winning Run Alive As Kamala Harris Prepares To Unveil Economic Policy: Analyst Says 'Risk-On' Sentiment Will Persist Until This Event
Friday, August 16, 2024 - 6:38am | 1142Wall 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....
-
Nasdaq, S&P 500 Futures Climb After Volatile Week As Traders Eye Inflation Data and Retail Earnings: Strategist Says Not CPI But This Data Can Give People Lot Of Conviction
Monday, August 12, 2024 - 7:31am | 1259The 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...