Market bull Tom Lee predicts a record September, but warns that a 10% correction could come in October

Longtime market bull Tom Lee is predicting a profitable period for investors in September.

"We could have a really strong rally in September," the Fundstrat Global Advisors' co-founder and head of research told CNBC's "" on Friday. "We didn't think there was a window for a 10% correction for most of 2021. The window where we think you could start to have potentially a 10% pullback is October."

"We get that much closer to tapering," the CNBC contributor said. "That's really when the debt ceiling rhetoric comes back, and if there are going to be concerns about the debt ceiling, the bond market could panic."

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TradingNation That’s called “talking out of both sides of your mouth“

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TradingNation Any time I hear expert opinions like this guy I question why he isn’t a trillionaire. He knows as much as my mechanic does

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TradingNation He was also expressing caution literally ON THE LOW of the month in July. His opinion has no relevance and I don't think he is a very good dancer.

TradingNation I’ve been hearing about a 5-10% correction for 12 months. Someone will predict it right eventually, prob not cramer

TradingNation ROFL NorthmanTrader when even permabulls are calling for a 10% pullback, smh....

TradingNation Translation: sell off in September and rally October

TradingNation Tom Lee is a permabull charlatan

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TradingNation Only 10% pullback?!

TradingNation My eyes rolled so far back in ny head I’m having trouble correcting them. 🙄 AMC AMCNOTLEAVING

TradingNation Always glad to hear Mr Lee s take. He is money.

TradingNation Means sell off in September

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TradingNation So basically flat going into the strongest trading month of the year. Awesome 👏

TradingNation Lol….. algorithmic setups an all…. Manipulated markets move in prescription fashion😘💅🏼 The entire “retail” market is ready to slap the sheet out of the American stock markets…. Dips, corrections, runs, crashes; Apes Will be the downfall of the manipulation by market makers

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