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.
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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