Strong Q1 earnings will power stock market to new highs: Fundstrat

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Better than feared first quarter earnings results will power the stock market to new highs, Fundstrat says

report results. Lee has high hopes for tech stocks to beat earnings results given their strong year-to-date rally, with the technology sector posting the strongest performance so far this year despite recent weakness in April.

Lee isn't the only Wall Street strategist that sees continued strength in the latest batch of earnings. BMO chief investment officer Carol Schleif said in an e-mail to Insider that there have been"no major red flags" in earnings results.

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