Strategist who called market bottom sees more gains ahead as 'epicenter' stocks are set to rally

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New for subscribers: Strategist who called market bottom sees more gains ahead as 'epicenter' stocks are set to rally Check out CNBCPro today.

is primed for another leg higher led by stocks benefiting from the economy reopening.

Lee hiked his S&P 500 price target to 3,525 on from 3,450 on Thursday night. His new target implies an upside of 4.4% from the S&P 500 previous close of 3,373.43. The S&P 500 has never traded above 3,400. His call came after a massive rally off the March low — which he called — that left the S&P 500 a stone's throw away from its Feb. 19 intraday record of 3,393.52. Since hitting an intraday low on March 23, the S&P 500 is up more than 50%. Those gains have been largely led by growth stocks, especially the major tech names.

 

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Pro With the stall in stim talks I can’t really see this market growth continuing in the short term. Seems like a perfect time to tp for institutional and retail investors alike. Waiting on cares2..

Pro ok ok

Pro Psycho

Pro I Called Stockmarket Bottoms *2 YEARs BEFORE* Stockmarketcrash SPY NASDAQ Dowjones Nikkei FTSE100 DAX

Pro This dude is a permabull and luckily for him, Trump has been illegally appropriating untraceable government funds to prop up the markets.

Pro I called the market bottom better than that permabull charlatan and I have the opposite view from the muppet now

Pro This strategist can say anything, but keep in mind he has no control on any geopolitical factors such as US - China tension, which is expected to escalate as we get closer to election. I still expect the market to go down in the next 3 months.

Pro I called bottom of the $DJI by 118$ last summer.... Want to know how?

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