Fundstrat’s Tom Lee Runs Victory Lap, Predicts Robust Earnings in 2020
Fundstrat’s Tom Lee was on the money about the S&P 500 this year while recession alarmists cried wolf. Now Lee is expecting earnings in 2020 to grow by double-digits, at least. The last six months of the year are historically bullish in the stock market. Recession alarmists may have chuckled when stock market bull Tom…
Weak US Economy Flashes ‘Risk On’ Signal for Stock Market Bulls
The S&P 500 extended its recovery on Friday, adding to Thursday’s solid bounce following an intense two-day stock market correction. The bullish price action prompted many traders to predict that the market’s bellwether index had already bottomed out. A professional trader believes that the SPX is bound to rally soon | Source: TwitterThese traders are…
Stock Market Bull Tom Lee: Buy the Trade War-Induced S&P 500 Dip
Stock market bull Thomas Lee of Fundstrat has invited investors to “back up the truck” and load up on the trade war induced dip. | Source: AP Photo / Mark LennihanStock market bull Thomas Lee of Fundstrat has invited investors to “back up the truck” and load up on the trade war-induced dip in the…
