Christmas Eve market low could be a generational bottom like in March 2009: Fundstrat's Tom Lee

Dump it

😂

Tom Lee 1 year ago. Bitcoin will be 30,000 by year end. Tom Lee 6 months ago. Bitcoin will be 15,000 by Christmas.

Fu$k. Just when I was starting to feel good about the market this idiot said it’s a generational low.

Just like bitcoin, right?

THE ONLY WAY IS UP

Don’t say something you won’t regret in a year. I learned a lot from Tom Lee.

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Jumpy market gives young investors first big test of resolveNEW YORK (AP) — After gliding through years where stocks mostly just rose, a generation of investors last year suddenly confronted a hard financial truth: Stocks are risky and can plunge at any moment. For older investors, the nearly 20 percent drop in the S&P 500 index from late September through Christmas Eve was a reminder of the fear that gripped markets during the 2008 financial crisis, though not as bad. But for many investors in their 20s and early 30s, it was the first test of their mettle since they opened 401(k) and brokerage accounts. Yep I kept my $10 in apple stock and haven’t looked back Yeah, never mind the fact that most Millennials were over 18 in the last crash, this is the first one. Wait until they see the bottom.
La source: AP - 🏆 728. / 51 Lire la suite »

The market likes what the Fed said, but stocks are beginning to look priceyThe S&P is in an environment where investors have priced in a lot of positives, but there is very limited earnings growth. The Fed just inflated the bubble. Earnings and forward guidance haven’t dropped this far, this fast in 25 years and the FOMC rhetoric intended to inflate stocks at a time when earnings are collapsing?!?! Are you kidding me? Oh ya we are downing enough. Need to get uppppppp
La source: CNBC - 🏆 12. / 72 Lire la suite »