Tom Lee

U.S. stocks could get off to a mixed start on Monday after the averages posted weekly gains for a fifth straight week. The bond market is closed on account of Columbus Day, which is a federal holiday, but the stock market will trade during usual hours. The majority opinion among strategists hints...

Tom Lee, Managing Partner at Fundstrat, expressed his views on the current market situation amid a backdrop of heightened market uncertainties, including Middle East tensions, the impact of Hurricane Helene, the ongoing dockworkers’ strike and the looming presidential election. What Happened...

Stocks are gearing up for another nervy start on Tuesday after they scrapped through in the previous session to finish a seasonally weak September on a high. Some strategists point to the unusual September gains as a testament to the market’s resilience. The unequivocal belief is the gains...

The September slump will likely continue as the index futures are sharply lower early Wednesday. Traders will likely wait and watch to see how the labor market data, due for the week, pan out and their implications for the Fed funds rate. Wharton Professor and WisdomTree Chief Economist Jeremy...

Tom Lee, a prominent equity strategist, has shifted to a cautious stance, anticipating a 7%-10% market pullback in the coming weeks. What Happened: Lee, co-founder and head of research at The Fundstrat who has been accurately bullish on the market, now foresees turbulence over the next eight weeks...

Traders apparently are baking in expectations that Federal Reserve Chairman Jerome Powell will confirm at Jackson Hole that a rate cut is forthcoming. After Thursday’s hiccup, stocks appear on track to open higher, with the index futures modestly higher early Friday. While delving into...

Fundstrat Global Advisors’ managing partner Tom Lee has criticized Federal Reserve Chair Jerome Powell for overly relying on data, which Lee says is impairing the Fed’s decision-making capabilities. What Happened: Lee expressed concern over the Fed’s heavy reliance on data to...

Democratic presidential candidate Kamala Harris is widely expected to continue the policies of President Joe Biden’s administration, where she has played a key role. At the Democratic National Convention that is being held in Chicago, Harris outlined her stance on taxation and it did not go...

Wall Street appears on track to build on gain as expectations concerning a continued moderation in inflation and soft-landing gain ground. The major index futures point to a modestly higher open on Friday as the S&P 500 and the Nasdaq Composite indices look to extend their six-day winning run....

The resilience of the market was in full display on Monday after last week’s “historical comeback” by the market. The major index futures traded higher, albeit by a modest magnitude. The yen weakened amid a stock market holiday in Japan and this should serve to keep the carry...

Wall Street could go from strength to strength as the index futures point to another session in the green as investors seek to put the worst behind. Volatility continued to drop, as evidenced by another sharp slide in the CBOE Volatility Index, which is now approaching pre-sell-off levels. Earnings...

The Federal Reserve and Federal Open Market Committee are scheduled to announce July's interest rate decision at 2 p.m. ET Wednesday. Although the expectations are for the Fed to keep rates unchanged, one analyst is projecting that stock prices will surge following the announcement.CME Group's...

The market mood turned jittery after Monday’s rebound, with index futures trading on either side of the unchanged line early Tuesday. The apprehensions reflect uncertainties regarding geopolitics, monetary policy, and the health of the reporting season ahead of earnings from AI stalwart...

U.S. stocks are stubbornly holding onto their upward momentum, as evidenced by the gains for the index futures early Tuesday. The small-cap rally reflects market hopes that the Fed is getting closer to interest-rate cuts. Bond yields are slipping back amid the expectations. San Francisco Federal...

Small-caps have been on tear ever since the second day of Federal Reserve Chair Jerome Powell’s Congressional testimony when he chose to adopt a dovish tone, and a market strategist said on Monday that the rally in the space is only getting started. What Happened: The rally seen in the...