Tom Lee

[winston]

Here's what Wall Street analyst Tom Lee thinks could spark a stock market rally

by TODD CAMPBELL

His research suggests that core CPI will be cooler than predicted, potentially leading those who sold stocks because of inflation worries, to become buyers again.

Lee's outlook for cooler inflation is due to lower auto and shelter costs. Auto and shelter accounted for two-thirds of the increase in core CPI since 2019.

Source: The Street

https://www.thestreet.com/personal-fina ... m_content=

[winston]

There are 2 big catalysts that could spark a stock market rally this week, according to Fundstrat

by Matthew Fox

Investors should expect a stock market rally this week amid two big catalysts, according to Fundstrat's Tom Lee.

Lee expects solid earnings from Nvidia and dovish comments from Fed Chair Jerome Powell at Jackson Hole.

"I think the Fed might be worried something's going to break" amid a renewed surge in interest rates, Lee said.

Source: Business insider

https://finance.yahoo.com/news/2-big-ca ... 34265.html

[winston]

The analyst who called the rally says stocks can still go higher

by TODD CAMPBELL

"Fed Chair Powell's speech at Jackson Hole was actually very constructive and supportive of our view that the Fed and FOMC remain data dependent".

"We expect incoming data in coming months to tilt heavily "disinflation" and "softer jobs market," and the upshot is the Fed is not likely to raise rates again for this cycle."

If Lee is correct, 10-year Treasury yields should fall, and because those yields are used as the risk-free rate in stock valuation models, stocks could head higher.

Source: The Street

https://www.thestreet.com/personal-fina ... m_content=

[winston]

Analyst Tom Lee says stock market losses were 'front end loaded' this month

The S&P 500's seasonal weakness in September could soon shift to bullish tailwinds

by TODD CAMPBELL

Energy does impact goods and some services. But recall, the largest weight in Core CPI is housing at 40%, and unless higher oil prices drive up the price of homes, this surge matters less to the Fed stance.

The market has again become a "game of inches" where investors need to be tactically mindful.

August, for instance, was soft in the start and gained later. And September, the first three days were terrible.

We think the weakness was front-loaded this month.

We still see equity markets higher by year-end, and once we are through this continued chop, we see the S&P 500 rising to 4,750 or greater by year-end.

Source: The Street

https://www.thestreet.com/personal-fina ... m_content=

[winston]

The stock market will rally into year-end on a wave of dovish Fed comments, Fundstrat says

by Matthew Fox

A wave of dovish comments from the Federal Reserve solidifies the chances of a strong year-end rally for stocks.

Fundstrat's Tom Lee said sellers are getting exhausted following a two-month long market decline.

"This cycle is all about breaking the back of inflation, not breaking the economy."

Source: Business Insider

https://finance.yahoo.com/news/stock-ma ... 01148.html

[winston]

Tom Lee: Stocks Have Positive Tailwinds Heading Into Year-End

Bottom line, we see stocks with positive tailwinds into YE.

This month is likely a zig-zag as conflicting inflation and growth data cause moves in rates and thus stocks.

But the primary turning point higher is mid-December post December FOMC.

Source: The Street

https://realmoney.thestreet.com/markets ... g=62795946

[winston]

Why one of Wall Street's biggest bulls says investors should brace for a 7% drop in the stock market

by Jennifer Sor

Brace for a 7% drop in the stock market after this month, Fundstrat's Tom Lee warned.

That's due to uncertainty over a potential recession and Fed rate cuts this year, he said.

But over the course of the year, Lee remains bullish on the stock market.

Source: Business Insider

https://finance.yahoo.com/news/why-one- ... 14424.html

[winston]

One of Wall Street's most bullish strategists says a stock market correction is imminent

by Matthew Fox

A stock market correction appears imminent after the S&P 500 rallied 21% over a period of 14 weeks, according to Fundstrat's Tom Lee.

Lee still maintains a bullish view on stocks for 2024, but said history suggests the market is about to reach a short-term peak.

"I think we [the S&P 500] might be approaching something close to 5,000, maybe a little higher, and then I think a drawdown follows," Lee said.

Source: Business Insider

https://finance.yahoo.com/news/one-wall ... 51561.html

[winston]

Here's when you will know the stock market has peaked, according to Fundstrat

by Matthew Fox

Fundstrat's Tom Lee says the recent dip isn't a concern

It's unlikely that the stock market hit its peak following the hotter-than-expected January CPI report, according to Fundstrat.

The firm said there are too many bullish factors that suggest this is another buy-the-dip type of decline.

Here's when investors will really need to be concerned that the stock market has peaked, according to Fundstrat.

"As the adage goes, we will peak when we 'sell-off on good news' — we are watching for a top, but this sell-off seems too consensus," Lee said.

There is a record $6 trillion sitting in money market funds. On top of that, FINRA margin debt levels are well below their peak and typically surge to a new record as the market peaks.


Source: Business Insider

https://finance.yahoo.com/news/heres-kn ... 04131.html

[winston]

The upcoming inflation report could spark the stock market's next big sell-off, Fundstrat says

by Matthew Fox

The next big catalyst for the stock market is the February CPI inflation report, according to Fundstrat.

It will be released on March 12, and will signal to investors whether the Fed could soon cut interest rates.

"We wonder if this is potentially the fundamental catalyst for a sell-off," Fundstrat said.

Source: Business Insider

https://finance.yahoo.com/news/upcoming ... 22608.html