"Market Bottoming Amid Fresh Selling: What Could Trigger Further Decline"

1 min read
Source: Markets Insider
"Market Bottoming Amid Fresh Selling: What Could Trigger Further Decline"
Photo: Markets Insider
TL;DR Summary

Fundstrat's Tom Lee advises investors not to rush into buying the dip in the stock market due to rising volatility, which could lead to near-term pressure on stocks. He predicts that the market could bottom out within the next month, citing positive catalysts such as strong corporate earnings growth and potential Fed rate cuts. Lee sees the current pullback as an opportunity for good entry points and predicts the S&P 500 could reach 5,200 by the end of the year.

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