Posted on 03/10/2025 10:33:34 AM PDT by SoConPubbie
A top Wall Street strategist who predicted two of the last major stock surges says he believes another market boom is possible over the next several months despite recent sell-offs and mounting concerns that the U.S. economy is slowing. Tom Lee, co-founder of Fundstrat Global Advisors, says he foresees a possible substantial rally in the coming months, emphasizing that the majority of annual stock gains historically occur during just 10 key trading days.
“I think it’s very possible that March, April, May could actually be one of these huge rally months where we’re rallying 10-15 percent,” Lee said during a recent media interview. The investment strategist contends that the market has already priced in a lot of negative indicators cushioning any correction.
Lee’s predictions hold particular significance after his correct forecast of the S&P 500‘s consecutive gains exceeding 20 percent over the past two years. In 2023, Lee’s forecast was the most accurate among those surveyed by Bloomberg. His projection for the S&P 500 to conclude 2024 above 5,500 was later adjusted to 6,000, with the index closing just below 5,900.
He cautioned that missing key trading days could be detrimental, as the 10 best days in the previous year collectively added 20 percentage points to the S&P 500, contrasting with a mere 4 percent gain without them. Lee believes significant trading days may soon occur, depending on economic growth and employment data. Additionally, the investment strategist says a potential “Trump put” or “Fed put” could also arise if the economy falters, with possible intervention by the President or Federal Reserve to bolster the economy.
Gas is WAY down.
Meet Bob.
Bob is the world’s worst market timer.
What follows is Bob’s tale of terrible timing of his stock purchases.
Bob began his career in 1970 at age 22. He was a diligent saver and planner.
<<<————
So how did he do?
Even though he only bought at the very top of the market, Bob still ended up a millionaire with $1.1 million.
https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/
Wow, tough prediction... Bull market about late April to about late July/early August. Happens almost every year.
My brother did that. As a young lawyer in 1972-73, he got a nice $400K settlement early in his career. He threw the money into two ordinary mutual funds, Science & Tech and Healthcare. He’s never sold a share. And, he endured some utterly horrific tech losses 2000-2001 in other accounts.
Today: $7.5 million.
There is no intelligence that can surpass the numerology (or whatever other name you might choose to give the phenomenon) of long term investing.
What? Not in Central Florida at 3.21 a gallon Saturday morning.
I expect a summer rally.
We're experiencing an economic hangover from Bidenomics, so claiming that inflation is suddenly a problem, when that was the case and wasn't be covered by the DNC's many many media shills, is a good test for whether a given money shows are worth watching.
There has been a minor tech bubble, just as there is every freakin' year, so I suspect prices will continue to be bouncing down a gentle staircase. I suspect I'll be in a few of them, but time will tell.
As someone noted above, crude oil has come off a peak and fallen about 30% since the inauguration. Warren B started stocking up in Occidental Petroleum last year, great call. :^) He's pivoting into Domino's Pizza for that fat under-2% dividend.
The gambling stocks were discussed on one of the financial shows and they'd posted the clip on YouTube -- Fanduel's P/E ratio was in the 1100s, but the price has declined to improve that to 940. ;^) I don't get involved with hospitality, airline, restaurant, or gambling stocks, always too many forward unknowns.
DAL (Delta) is up a nudge over 12 months, but basically is trading in a narrow range. The price of fuel might improve, but when the Demagogic Party and other ne'er-do-wells flee prosecution, a bunch of flights will be full on the way out and near-empty on the way back. :^)
Disclosure: I'm long NTDOY (the ADR for Nintendo) and have a few dozen recently purchased shares of Nvidia (I had a few grand left over, just setting there doin' nothin'). I expect to sell the latter near the end of April.
So, you agree. One simple thing I’ve noticed after 45 years of investing:
Values of most everything go down after they go up noticeably.
Values of most everything go up after going down noticeably.
Over longer periods of time, the value of almost everything goes up.
I base my market timing on whatever my shoe shine boy says.
President “Bobby”: Mr. Gardner, do you agree with Ben, or do you think that we can stimulate growth through temporary incentives?
[Long pause]
Chance the Gardener: As long as the roots are not severed, all is well. And all will be well in the garden.
President “Bobby”: In the garden.
Chance the Gardener: Yes. In the garden, growth has it seasons. First comes spring and summer, but then we have fall and winter. And then we get spring and summer again.
President “Bobby”: Spring and summer.
Chance the Gardener: Yes.
President “Bobby”: Then fall and winter.
Chance the Gardener: Yes.
Benjamin Rand: I think what our insightful young friend is saying is that we welcome the inevitable seasons of nature, but we’re upset by the seasons of our economy.
Chance the Gardener: Yes! There will be growth in the spring!
Benjamin Rand: Hmm!
Chance the Gardener: Hmm!
President “Bobby”: Hm. Well, Mr. Gardner, I must admit that is one of the most refreshing and optimistic statements I’ve heard in a very, very long time.
[Benjamin Rand applauds]
President “Bobby”: I admire your good, solid sense. That’s precisely what we lack on Capitol Hill.
Which means he’d selling to you and it’s really gonna drop 10-15%
At the very least you get some value for your money.
No way to predict precise timings of the stock market.
Dollar cost average into a diversified basket of index funds, hold it until retirement and it will pay off.
Yeah, I agree which is why I’m just holding for now. I’m only down overall about 10% from my highs in late January so no big deal and not really unexpected for this time of year. Things are already recovering a little. He’s not really going out on any limbs with this prediction.
That said, I strongly believe this action was necessary and that the long-term results will be very positive—except for those exposed as having defrauded the country.
The truth is, I looooove it when the market's nervous. :^) Some of this is the usual new year selloff, people taking their capital gains now and having taken their capital losses before the end of the old year. And some of the new year selloffs are due to impending tax bills. :^)
Not getting Trump’s actions about Tariffs...Markets down 1100+ and heading South...
It’ll be much more if Trump can reform taxes, cut regulatory costs, and not instigate a tariff war with the rest of the planet.
Today is a bloodbath. I won’t be surprised if If my losses hit 6 figures by the time the market closes. I was a bit pissed spending $2k at the vet this morning, but now that seems pretty inconsequential...
IMHO, those suggesting prosperity is just around the corner need to take off the rose tinted glasses.
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