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Search resuls for: "Fundstrat’s Tom Lee"


5 mentions found


☆ Stock market's earnings backdrop upholds positive outlook, says Fundstrat's Tom Lee
  + stars: | 2024-04-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStock market's earnings backdrop upholds positive outlook, says Fundstrat's Tom LeeVirtus’ Joe Terranova and Fundstrat’s Tom Lee, join 'Closing Bell' to discuss whether markets have hit a landing, earnings, inflation and the Fed.
Persons: Tom Lee Virtus ’ Joe Terranova, Fundstrat’s Tom Lee
☆ Watch CNBC’s full interview with Virtus’ Joe Terranova, Fundstrat’s Tom Lee and Wedbush's Dan Ives
  + stars: | 2024-04-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Virtus’ Joe Terranova, Fundstrat’s Tom Lee and Wedbush's Dan IvesVirtus’ Joe Terranova, Fundstrat’s Tom Lee and Wedbush's Dan Ives, join 'Closing Bell' to discuss whether markets have hit a landing, earnings, inflation and the Fed.
Persons: Virtus ’ Joe Terranova, Fundstrat’s Tom Lee, Wedbush's Dan Ives, Joe Terranova Organizations: Virtus ’, Wedbush's Dan Ives Virtus
☆ Busy Fed week, tech earnings could dictate the course of this rally, Fundstrat’s Tom Lee says
  + stars: | 2024-01-29 | by ( Darla Mercado | Cfp | ) www.cnbc.com   time to read: +1 min
Investors are embarking on a hectic week with key tech companies reporting and a big Federal Reserve meeting – and it could shape the next steps for the stock market's rally, said Fundstrat's Tom Lee. The surge in Big Tech helped carry the S&P 500 to a fresh record – and its first close above 4,900. "We were penciling in 5,000 [on the S&P 500], and we could maybe go higher," he said. "I do think we continue to be strong, but then after that, there's a big air pocket," Lee added. His year-end target for the S&P 500 is 5,200.
Persons: Tom Lee, Lee, CNBC's Contessa Brewer Organizations: Research, Fundstrat Global Advisors, Investors, Reserve, Microsoft, Apple, Meta, Big Tech, Dow Jones
☆ Fundstrat’s Tom Lee sees a buying opportunity in tech stocks as the Nasdaq faces a losing week
  + stars: | 2023-09-08 | by ( Michelle Fox | ) www.cnbc.com   time to read: +1 min
The selloff this week in the Nasdaq Composite is a buying opportunity, according to Tom Lee, head of research at Fundstrat Global Advisors. .IXIC 5D mountain Nasdaq Composite's 5-day performance However, Lee said there are signs that inflation is tracking lower. "If inflation is falling and companies are becoming more confident — and we already know corporate profit revisions have been positive. The tech giant slid 5% this week on reports that China is restricting iPhone use by government workers. However, Lee thinks Apple isn't going to face big risks in China because it is a structural partner with the country.
Persons: Tom Lee, Lee, Apple Organizations: Nasdaq, Fundstrat Global Advisors Locations: China
☆ Drop in Wall Street’s fear gauge is the least-appreciated market positive, Fundstrat’s Tom Lee says
  + stars: | 2023-06-09 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
Fundstrat's Tom Lee thinks investors are underappreciating the drop in Wall Street's "fear gauge" as one of the key drivers of this year's gains. The S & P 500 is up nearly 12% through Thursday's close and on Friday crossed above 4,300 — a level not seen since August 2022. Lee is one of the biggest bulls on Wall Street, forecasting the S & P 500 will rise more than 20% this year. May consumer price index release Tuesday : Lee said a month-over-month reading of less than 0.3% would be a "positive surprise" for the market. However, Lee pointed out the fed funds futures market is pricing in about an 80% chance of a July rate hike.
Persons: Fundstrat's Tom Lee, Lee, VIX Organizations: Federal
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