All articles tagged with #fundstrat
Tom Lee's Fundstrat Granny Shots US Large Cap ETF has rapidly grown to $1.5 billion in assets within eight months, outperforming its benchmark and peers through a disciplined, thematic, rules-based stock selection strategy focused on long-term trends like energy, cybersecurity, AI, and millennial influence, with top holdings including Robinhood, Oracle, and AMD.
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.
Fundstrat's Tom Lee believes the recent stock market dip is not a cause for concern, citing numerous bullish factors and predicting it to be another buy-the-dip opportunity. According to Lee, investors should be worried when the market declines on good economic news, as opposed to reacting to bad news. He notes that the current skittishness and skepticism among investors indicate that the market has not yet peaked, and points to the significant amount of cash on the sidelines as a potential catalyst for further market gains.
Fundstrat believes that the recent stock market decline following the January CPI report is not indicative of a peak, citing numerous bullish factors and labeling it as a typical buy-the-dip opportunity. According to Fundstrat's Tom Lee, investors should be concerned about a market peak when it declines on good economic news, as opposed to reacting to bad news. Lee also points to the prevalence of skeptics and a significant amount of cash on the sidelines as reasons why the stock market still has room to move higher, suggesting that the recent sell-off dip will likely be bought.
Fundstrat's Tom Lee, a bullish equity strategist, warns that a stock market correction is imminent after the S&P 500's 21% rally over 14 weeks, citing historical patterns and potential concerns over the Federal Reserve's interest rate cuts. Lee expects a 7% decline, sending the S&P 500 to about 4,600, but maintains a bullish view for 2024, predicting a rise to a range of 5,200 to 5,400.
Fundstrat's Tom Lee predicts an imminent stock market correction after the S&P 500's 21% rally over 14 weeks, citing historical patterns and a potential 7% decline. He expects the index to reach around 5,000 before the drawdown, possibly driven by concerns over the Federal Reserve's interest rate decisions. Despite this short-term bearish outlook, Lee maintains a bullish view for 2024, projecting the S&P 500 to rise to a range of 5,200 to 5,400.
Fundstrat's Tom Lee suggests that the S&P 500 could surpass his 2024 year-end price target of 5,200, potentially reaching 5,500 or more, following a positive January for the stock market. He believes that the January Barometer, which indicates a strong start to the year, bodes well for further gains throughout 2024, citing historical data to support his bullish outlook. Lee attributes the potential for double-digit gains to the Federal Reserve's easing mode and anticipates a great year for stocks ahead.
Fundstrat's Tom Lee predicts a stock market pullback in early 2024, despite overall bullish expectations for the year. He anticipates a 5% consolidation after January's all-time highs, driven by four factors: market anticipation of more Federal Reserve interest rate cuts than expected, potential delays in AI development due to systematic hacks, the need to consolidate late 2023's rapid gains, and typical election year market patterns. However, any dips are seen as buying opportunities, with sidelined cash poised to support a quick recovery.
Fundstrat's Mark Newton predicts that stocks are bottoming out and the market is approaching a perfect buying opportunity for investors. He suggests that the S&P 500 could drop to 4,200 before recovering, partly due to short-term market volatility. However, the downside is expected to be contained, and a recovery in stock prices is anticipated. Newton believes that the Fed's likely halt in interest rate hikes and seasonal tailwinds heading into Q4 will support risk assets. He also mentions that lower rates could fuel economic growth, particularly benefiting sectors like tech. Despite concerns over inflation and recession, Newton expects inflationary pressure to resolve itself and points to strong demand in the housing and labor markets as factors that could postpone any downturn.
Fundstrat's head of research, Tom Lee, believes that the recent August sell-off in the stock market presents a buy-the-dip opportunity for investors. While more downside may be expected in the near term, Lee predicts that the market will bounce back, particularly with the upcoming Jackson Hole Symposium and Nvidia's earnings report. Factors such as China's weakening economy and the potential for rising interest rates have contributed to the recent sell-off, but Lee remains optimistic about the market outlook for the rest of the year. However, other economists caution that stocks may be overvalued and a correction could be on the horizon.
Fundstrat's Tom Lee advises investors to buy stocks regardless of the market's reaction to the jobs report, emphasizing the long-term potential for gains.
Fundstrat has issued a tactical buy recommendation on the S&P 500, expecting a 2% rally this week that could push the index past 4,500. The main catalyst for the expected surge is lower-than-expected inflation, with the June CPI report anticipated to show a deceleration. Fundstrat's Tom Lee believes that a low inflation reading would be bullish for the stock market, undermining the view of a "hawkish Fed" and potentially shattering the bear market thesis. The tactical buy recommendation is in place until July 14.
Fundstrat's Tom Lee predicts that the S&P 500 could retest its all-time-high from early 2022 and rally to 4,750 by the end of 2023, as the Fed is expected to issue its last rate hike this week. Falling inflation indicators and the limited impact of banking turmoil support this view. A Fed pause could be a "make or break" moment for stocks, Lee said, as steep rate hikes weighed heavily on equities in 2022.
Fundstrat's Tom Lee has said that the stock market has flashed another signal that suggests a new bull market has begun, with the S&P 500's near-20% rise since its mid-October low trapping bearish investors that expect a hawkish Fed. Lee believes that if inflation falls as quickly as expected, the Fed will tolerate easing financial conditions, meaning that bears are trapped. Hedge funds have built the largest short exposure against the S&P 500 since 2011, and those bears could be the fuel that drives a sustainable bull market as they slowly capitulate and flip their exposure from bearish to bullish.