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US Stocks Brace For Negative Start Amid Tech Earnings Disappointments, Caution Ahead Of Data: 'Worst Of This Two-Week Decline Is Behind Us,' Says Analyst
Thursday, April 25, 2024 - 6:17am | 2063Read More...The back-and-forth motion in the market continues, with the index futures pointing to a lower opening on Thursday. Meta Platforms, Inc.’s (NASDAQ:META) lukewarm second-quarter revenue guidance and commentary regarding investment punctured the stock, while International Business Machines Corp...
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Nasdaq Futures Get A Lift From Tesla, Texas Instruments Earnings: Analyst Points To Key Catalyst For Boosting Rally
Wednesday, April 24, 2024 - 6:37am | 1749Read More...Nasdaq and S&P 500 futures signaled a higher open on Wednesday, thanks to upbeat guidance from EV giant Tesla, Inc. (NASDAQ:TSLA) and semiconductor major Texas Instruments, Inc. (NASDAQ:TXN), although Dow futures were marginally lower. Investors will keep their eyes peeled for some important...
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Buying The Dip? Jim Cramer And Tom Lee Warn Market Hasn't Hit Rock Bottom Yet: 'Quintessential Wrong Thing To Do'
Friday, April 19, 2024 - 2:47am | 896Read More...CNBC’s Jim Cramer warned that the market hasn’t found its bottom, advising against buying the dip. Tom Lee of Fundstrat echoed this caution, urging investors to hold off on purchasing stocks, anticipating a forthcoming wave of selling that could signal a bottom in the weeks ahead. What...
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Wall Street Experts Dismiss Rate Cut Fears, Middle East Tensions, Predict Bull Market's Continuation
Wednesday, April 17, 2024 - 1:03am | 878Read More...Despite recent concerns, Wall Street veterans are confident that the bull market will persist, citing a robust U.S. economy and the potential of artificial intelligence (AI) as key drivers. What Happened: The U.S. stock market has experienced a recent downturn due to escalating tensions in the...
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Fundstrat's Tom Lee Encourages Investors to Seize Market Dip Amid Inflation Concerns, June Rate Cut Remains Feasible
Thursday, April 11, 2024 - 10:24pm | 661Read More...In the wake of a market sell-off triggered by the inflation report, investors are being urged to buy stocks, with Fundstrat suggesting a potential June rate cut is still on the table. What Happened: Fundstrat’s Tom Lee has advised investors to take advantage of the market downturn following...
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Never Mind Jerome Powell? Bullish Analyst Predicts Over 3 Rate Cuts This Year, Calls Recent Inflation Spike 'Statistical Aberration'
Thursday, April 4, 2024 - 4:28am | 890Read More...Federal Reserve Chair Jerome Powell sounded hawkish on Wednesday, stating it wouldn’t be appropriate for the central bank to lower the policy rate until it has more confidence in inflation moving sustainably toward the 2% target. Despite Powell’s stance, Tom Lee, a bullish analyst at...
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Market Strategist Highlights 2 Data Pieces That Make The Case For Buying The Dip: 'Investors Uncomfortably Underinvested'
Saturday, March 16, 2024 - 3:32pm | 607Read More...The market reversed course this week after a duo of inflation reports spooked investors by suggesting that rate cuts may not be imminent. A bullish analyst, who was accurate with his predictions in 2023, said on Friday that he sees the dip as a buying opportunity. What Happened: The dips amid the...
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February 'Hot' Inflation Report Could Spark Market's Next Big Sell-Off, Warns Fundstrat's Tom Lee: 'Stocks Could See Selling Pressure'
Thursday, March 7, 2024 - 9:56pm | 709Read More...The stock market could be on the verge of a significant shift, with a crucial inflation report potentially triggering the next major sell-off, according to Tom Lee, the head of research at Fundstrat. What Happened: The February Consumer Price Index (CPI) report, scheduled for release on Mar. 12,...
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Bitcoin To Hit $150K By Year-End, Says Fundstrat's Tom Lee: '...A Beeline Back Towards Its Long-Term Trend Line'
Tuesday, March 5, 2024 - 2:56am | 717Read More...In a recent development, Tom Lee, the head of research at Fundstrat, has made a bullish prediction for Bitcoin. What Happened: Lee shared his outlook for the future of Bitcoin on CNBC’s “Last Call.” He believes that Bitcoin’s price will soon reach its long-term trend line of...
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Bitcoin Could Triple In 10 Months, Tom Lee Says: 'Criminals Don't Trust Anybody, But They Trust Bitcoin'
Wednesday, February 21, 2024 - 2:22pm | 563Read More...Fundstrat's Tom Lee is out with another bullish call on Bitcoin (CRYPTO: BTC) with the world’s largest cryptocurrency trading around the $51,000 level. “I think it, you know, could be as high as $150,000 this year,” Lee said Wednesday on CNBC’s “Squawk Box.”...
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S&P 500 Set For 9% Gain To 5,400, UBS Ups Target: 'Higher Inflation Tends To Be A Positive For Stock Prices'
Tuesday, February 20, 2024 - 11:45pm | 668Read More...UBS has raised its S&P 500 target to 5,400, citing demand-driven inflation as a positive factor for stocks. What Happened: UBS has increased its S&P 500 target to 5,400, the most bullish forecast yet, representing a 9% increase from current levels, reported Business Insider. Despite the...
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Top Market Strategist Tom Lee Weighs In On Nvidia And AI Boom: 'Doesn't Seem Like A Bubble'
Tuesday, February 13, 2024 - 12:40am | 761Read More...Renowned market strategist Tom Lee predicts a sustained AI boom, spotlighting NVIDIA Corp‘s (NASDAQ:NVDA) role in the trend. What Happened: On Monday, Lee, a partner at Fundstrat Global Advisors, expressed his optimism about the ongoing AI surge in an interview with CNBC’s Last Call. ...
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Leon Cooperman Predicts Stock Market Downturn, Foresees Rise In Long-Term Rates: 'I Believe That One Should Have A Cautious View'
Wednesday, February 7, 2024 - 3:59am | 656Read More...Renowned investor Leon Cooperman has issued a warning about the stock market, citing the potential for a downturn. He also anticipates a rise in long-term interest rates. What Happened: Cooperman, the chair and CEO of the Omega Family Office, expressed his concerns about the stock market’s...
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Market Correction Coming? Fundstrat's Tom Lee Issues Warning As S&P 500 Nears 5,000 Mark: 'I Think A Drawdown Follows'
Wednesday, February 7, 2024 - 3:43am | 653Read More...The stock market is on the brink of a significant correction, according to a prominent Wall Street strategist. What Happened: Tom Lee, a well-known equity strategist at Fundstrat, has warned investors that a stock market correction is imminent. This prediction comes on the heels of a 21% surge in...
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Fundstrat's Tom Lee Bullish On Strengthening Stock Market Amid Falling Inflation And Fed's Labor Market Confidence
Tuesday, February 6, 2024 - 3:58am | 681Read More...The stock market is showing remarkable resilience in 2024, with inflation easing and the Federal Reserve less worried about the robust U.S. job market. This is the view of Fundstrat‘s Head of Research, Tom Lee, who accurately predicted the S&P 500’s 24% increase in 2023. What...
















