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Some experts think they will kickstart a new bull market in stocks. He says investors should be cautious and de-emphasize tech stocks until the market finds a new low. "Bank stocks are leading indicators, and we would be hard pressed to find a new bull market where they were underperforming," as they are now, he wrote. The right time to invest more heavily in tech stocks will be after a clear long-term low has been established. "We see little evidence that a new bull market has begun and believe the bear still has unfinished business."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Fundstrat Global Advisors' Tom LeeFundstrat Global Advisors' Tom Lee joins 'Closing Bell' to discuss his forecast for an equity rally, expectations for when the Fed will dampen its hawkish tone and the bond market's reaction to inflationary data.
Investors need to be playing offense, says Fundstrat's Tom Lee
  + stars: | 2023-02-13 | 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 EmailInvestors need to be playing offense, says Fundstrat's Tom LeeFundstrat Global Advisors' Tom Lee joins Frank Holland and the CNBC Special: Taking Stock' to discuss whether the current rally has staying power and how investors should position themselves now.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Fundstrat Global Advisors co-founder Tom LeeTom Lee, Fundstrat Global Advisors co-founder, joins 'Closing Bell: Overtime' to offers his bullish case for a strong market rally this year.
Fundstrat's Tom Lee expects a 20 percent rally this year
  + stars: | 2023-01-09 | 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 EmailFundstrat's Tom Lee expects a 20 percent rally this yearTom Lee, Fundstrat Global Advisors co-founder, joins 'Closing Bell: Overtime' to offer his bullish case for a strong market rally this year.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA dovish trajectory in February would be a huge catalyst for markets, says Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors co-founder, joins 'Squawk on the Street' to discuss what gets the markets to Lee's call for the S&P 500, what portion of inflation has normalized, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Fundstrat's Tom Lee on why he thinks Fed won't hike rates in 2023Tom Lee, Fundstrat Global Advisors co-founder, joins 'Closing Bell: Overtime' to defend his dovish Fed call that there will be no rate hikes in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFundstrat's Tom Lee reveals his 2023 S&P target and outlook for a soft landingTom Lee, Fundstrat Global Advisors head of research, joins the 'Halftime Report' to discuss his strategic outlook, things investors should consider and what he doesn't want to hear today from the Federal Reserve.
NEW YORK, Dec 8 (Reuters) - A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. Investors flocked to the dollar — a popular destination during uncertain times — to shelter from market volatility spurred by surging global inflation, spiking energy prices and Russia’s invasion of Ukraine. A stronger dollar makes U.S. exporters' products less competitive abroad while hurting U.S. multinationals that need to exchange their earnings into dollars. REUTERS/Lee Jae-Won/File PhotoNike (NKE.N), IBM (IBM.N) and Meta Platforms (META.O) were among the broad range of companies that warned of a hit from a stronger dollar this year. Nearly 80% of strategists polled by Reuters said there was little scope for dollar upside based on monetary policy.
A stronger dollar makes U.S. exporters' products less competitive abroad while hurting U.S. multinationals that need to exchange their earnings into dollars. Nike (NKE.N), IBM (IBM.N) and Meta Platforms (META.O) were among the broad range of companies that warned of a hit from a stronger dollar this year. The dollar's rally shaved about 8% from S&P earnings in 2022, according to Tom Lee, head of research at Fundstrat Global Advisors. Whether the dollar's decline continues may depend on the Fed's ability to contain inflation enough to eventually ease monetary policy. Nearly 80% of strategists polled by Reuters said there was little scope for dollar upside based on monetary policy.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo signs yet of the market truly rolling over, says Fundstrat Global Advisors' Mark NewtonFundstrat Global Advisors' Mark Newton joins the 'Halftime Report' to discuss Apple's contribution to the market slump, the influence of monetary policy on the tech sector and steps companies are taking to reduce downside risk.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets will see a stronger rally that carries the S&P to at least 4,400, says Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors, joins 'Closing Bell: Overtime' to discuss the market rally, rate hikes and his bullish calls on the market.
There will be things about gridlock the market doesn't like," said Ed Mills, Washington policy analyst at Raymond James. Meanwhile, under a Republican president, the stock market on average gains 4.9% when Democrats control Congress, and the market gains 7.3% with a split Congress. Strategas Research says the stock market is signaling that Republicans may sweep the election . There are clear stock market winners from a Republican victory, at least in the House. Laperriere, in a note, wrote that tech, small cap and financial firms are most vulnerable to higher taxes and tougher regulations, and they could benefit from a Republican Congress.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThursday's October CPI could be a game changer, says Fundstrat's Tom LeeFundstrat Global Advisors' Tom Lee joins the 'CNBC Special: Taking stock' to discuss his take on the midterms and the markets, a day before the midterm election is to take place.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors aren't fighting the Fed if they think stocks have upside, says Fundstrat's LeeTom Lee, Fundstrat Global Advisors co-founder and managing partner, joins 'Closing Bell' to discuss the notion of not fighting the Federal Reserve, the idea that the Fed is looking to pause any time soon and more.
Watch CNBC's full interview with Fundstrat's Tom Lee
  + stars: | 2022-09-22 | 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 Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors, joins 'TechCheck' to discuss whether he's changed his end of year S&P 500 outlook, how Lee values the tech sector and if Meta is indicative of corporate America's need to cut costs.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe may be surprised by the profit margin expansion of tech companies, says Fundstrat's LeeTom Lee, Fundstrat Global Advisors, joins 'TechCheck' to discuss whether he has changed his end of year S&P 500 outlook, how Lee values the tech sector and if Meta is indicative of corporate America's need to cut costs.
Rich Fury/GettyDear Readers,A strange dynamic is afoot in the stock market. The institutional heavyweights on Wall Street are being beaten at their own game by upstart day-traders and retail investors — and it's not been particularly close. Peter Cecchini, the former global chief market strategist at Cantor Fitzgerald, also recently weighed in on the retail-investor phenomenon. Put simply, Main Street is putting Wall Street to shame since late March. — Peter Cecchini, former global chief market strategist at Cantor Fitzgerald, commenting on Barstool Sports founder Dave Portnoy's irreverent day-trading exploits
The last time we spoke, market observers were scratching their heads over the stock market's seemingly unstoppable march higher. Turns out maybe the stock market was right all along. Exclusive interview with the head of iSharesBlackRockETFs helped investors navigate the recent period of volatility, particularly in parts of fixed income where liquidity dried up. This development signals that a new breed of stocks is taking over as the market leaders for the next period of economic expansion. Strategists at the firm highlighted two pairs trades that have been performing well since the stock market hit rock bottom in March.
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