Latest news with #TomLee
Yahoo
15 hours ago
- Business
- Yahoo
Why Tom Lee says the odds favor a stock-market rally after the Fed decision
Happy Fed Day to all who observe, and at least one widely followed analyst says there's potential for market fireworks despite the 98.8% probability (according to futures markets) the central bank won't move interest rates. That analyst is none other than Tom Lee, the head of research at Fundstrat Global Advisors, whose enthusiasm for stocks generally extends to any day ending with the letter 'Y.' 'I'm at my wit's end': My niece paid off her husband's credit card but fell behind on her taxes. How can I help her? 'I prepaid our mom's rent for a year': My sister is a millionaire and never helps our mother. How do I cut her out of her will? Israel-Iran clash delivers a fresh shock to investors. History suggests this is the move to make. I'm 51, earn $129K and have $165K in my 401(k). Can I afford to retire when my husband, 59, draws Social Security at 62? Why Tom Lee says the odds favor a stock-market rally after the Fed decision Lee, like most everyone, isn't expecting the Fed to cut interest rates later on Wednesday. But he does make a notable case for why the market may react positively. 'We believe the Fed will acknowledge that inflation is undershooting their expectations. Recall the Fed has argued that tariff uncertainty causes them to be on hold. But incoming inflation has been soft,' says Lee. The consumer price index rose a scant 0.1% on a monthly basis in May. Import prices were flat. A real-time measure of import prices, updated through data last week, also has shown little pass through from tariffs to end prices. Market-based measures have fallen to the lowest level in a year, he adds. 'So we think Fed will have to acknowledge this. And we know there is a lot of partisan bias in the inflation consumer surveys,' says Lee. 'So markets likely realize Fed will have to relent eventually and return to a dovish bias.' Lee expects the stock market to return to all-tim highs (the S&P 500 was only 3% away anyway) — he said bitcoin is a leading indicator and the cryptocurrency achievved a record last week. He still has a 6,600 target for the S&P 500 by year end. Stock-market futures ES00 NQ00 were flipping between small gains and losses after an 0.8% retreat for the S&P 500 SPX on Tuesday. Oil CL00 edged higher. Key asset performance Last 5d 1m YTD 1y S&P 500 5982.72 -0.93% 0.71% 1.72% 9.03% Nasdaq Composite 19,521.09 -0.98% 1.98% 1.09% 9.29% 10-year Treasury 4.382 -4.50 -22.30 -19.40 15.50 Gold 3396.8 0.62% 2.42% 28.70% 44.90% Oil 72.63 6.34% 18.41% 1.06% -10.09% Data: MarketWatch. Treasury yields change expressed in basis points Need to Know starts early and is updated until the opening bell, but to get it delivered once to your email box. The emailed version will be sent out at about 7:30 a.m. Eastern. At pixel time, the U.S. military still has not joined Israel's fight with Iran, which continued into Wednesday. Iran's supreme leader said the country would not surrender, replying to U.S. President Donald Trump's demand on Tuesday. The Fed decision — and importantly, the dot plot of interest-rate projections — is coming at 2 p.m. Eastern, with Fed Chair Jerome Powell's press conference at 2:30 p.m. Morgan Stanley's economists say they still expecting the dot plot to forecast two rate cuts this year. Weekly jobless claims dipped by 5,000 to 245,000, while housing starts tumbled 9.8% in May to an annual rate of 1.26 million. The Senate passed the stablecoin bill, which creates a regulatory framework for cryptocurrency tokens, and now goes to the House. Goldman ditches ban on SPACs as blank-check firms stage comeback. Jamie Dimon wants workers in the office. So why is he letting JPMorgan's European chief work remotely? The bigger picture from Bulgaria joining the euro Data on the U.S. economy is clearly deteriorating, says Neil Dutta, head of economic research at Renaissance Macro. This chart plots the decline in building material sales, which at a seasonally adjusted annual rate have tumbled 7.7% over the last six months. 'Recall that building material store sales represent an intermediate product that ultimately affects residential investment,' he says. Besides the retail sales report, Dutta also noted the New York Fed's service sector index points on ongoing contraction, industrial production fell for the second time in three months and home builder confidence fell to the lowest level since 2022. Here were the top stock-market tickers on MarketWatch as of 6 a.m. Eastern. Ticker Security name TSLA Tesla NVDA Nvidia GME GameStop PLTR Palantir Technologies AMD Advanced Micro Devices AAPL Apple TSM Taiwan Semiconductor Manufacturing AMZN MLGO MicroAlgo CRCL Circle Internet Group An Italian museum had a crystal-covered chair on display, and the inevitable happened. An 80-year old man tried driving down the famous Spanish Steps in Rome, and it didn't go well. This elderly dog, however, had more success taking on a wild bear. For more market updates plus actionable trade ideas for stocks, options and crypto, . I'm 75 and have a reverse mortgage. Should I pay it off with my $200K savings — and live off Social Security instead? 20 companies in the S&P 500 whose investors have gained the greatest rewards from stock buybacks Israel-Iran conflict poses three challenges for stocks that could slam market by up to 20%, warns RBC 'I'm 68 and my 401(k) has dwindled to $82,000': My husband committed financial infidelity and has $50,000 in credit-card debt. What now? 'It might be another Apple or Microsoft': My wife invested $100K in one stock and it exploded 1,500%. Do we sell?
Yahoo
12-06-2025
- Business
- Yahoo
Tom Lee Mulls Roughed-Up Semler Scientific for 'Granny Shot' Portfolio
The recent wave of companies adding bitcoin to their balance sheets has not yielded universally positive results. Semler Scientific (SMLR), a medical technology firm that pivoted into bitcoin treasury strategy, has seen its stock fall over nearly 50% in 2025 to nearly the level it was at a bit more than one year ago when it first began to accumulate BTC. The company's premium to its net asset value (NAV), often referred to as multiple-to-NAV (mNAV), has dropped below 1x. On a basic share count basis, its market cap sits at approximately $420 million compared to bitcoin holdings valued around $491 million (4,449 BTC), putting its NAV ratio at just 0.859x, according to Strategy-Tracker. The mNAV being below 1.0 is crucial as Semler's main mechanism for accumulating bitcoin is to raise capital via share sales. However, for the share sale strategy to be accretive to shareholders, the stock must trade at a premium to the value of the company's bitcoin holdings. With the share price at or below NAV, issuing new shares would dilute existing shareholders without adding proportional value, effectively halting the company's ability to pursue further bitcoin accumulation under the current strategy. Bitcoin bull Tom Lee, Head of Research at Fundstrat, however, views Semler Scientific as an opportunity in his firm's "Granny shot" research portfolio. Granny shot refers to an unconventional way of shooting free throws in basketball and Fundstrat's Granny Shot (GRNY) portfolio is meant to emphasize the firm's unusual approach to research.
Hypebeast
10-06-2025
- Automotive
- Hypebeast
MG Motor's Latest ZS SUV Model Arrives in the Middle East
MG Motorannounces the regional launch of its all-new ZS SUV model, bringing its latest developments in design and tech to theMiddle East. Having cut through the noise of the car market with its previous ZS generations, the latest arrival continues to build on the range's success by delivering a practical combination of space and enhanced performance. From the outside, the signature sculpted shape, hunter-eye style LED headlights, and 18-inch alloy wheels are maintained, while the addition of a spoiler gives the model a new sporty quality. With inner-city driving becoming a growing factor for those in the region, theSUVoffers a 1.5-liter engine with two powertrain options, including a 112 horsepower and 168 horsepower variant. Both of these options come with three drive modes that allow the car to adapt from tight city streets to open highways. Keeping safety at the forefront of the design approach, the brand updates the ZS with forward collision warning and speed assist as well as a 360° camera that shares visuals on a built-in infotainment system. Inside, the driving experience is complete with a jet wing-inspired console, panoramic sunroof, and a mix of premium woven and leather fabrics. In an official statement, Tom Lee, Managing Director of MG Motor shared, 'The new MG ZS delivers exactly what today's drivers seek—style, capability, and outstanding value. This latest generation reflects MG's commitment to innovation, not only through upgraded technology but also as part of our broader vision to integrate new EV technologies into our global lineup. We are excited to bring this model to our customers across the region, offering a dynamic and future-ready driving experience.' Take a closer look at the latest MG ZS in the gallery above. To find out more, head to MG Motor'swebsitenow.
Yahoo
06-06-2025
- Business
- Yahoo
Tom Lee Says V-Shaped Rally Among 'Most Hated' Ever As Market Nears All-Time Highs, Warns Of Possible 'Face-Ripper' Surge
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tom Lee, co-founder and Head of Research at Fundstrat Global Advisors, predicts a substantial market rally despite widespread investor skepticism as the S&P 500, tracked by SPDR S&P 500 (NYSE:SPY), trades within 2% of all-time highs. What Happened: Lee wrote on X that 'This remains one of the 'most hated' V-shaped rallies and yet we are within 2% of all-time highs.' He cited short positioning, bear sentiment, and improving macro conditions as catalysts for a possible 'face-ripper rally.' The S&P 500, closed at 5,970.37 on Tuesday, up 0.58%, while the Nasdaq-100 gained 0.79% to 21,662.58. The benchmark index reached an all-time high of 6,152.87 in February. Trending: Start investing with eToro's CopyTrader — . Speaking on CNBC, Lee emphasized the disconnect between market performance and investor sentiment. 'You'd think that with the S&P doing well this week and a great May investors are bullish. They are not,' Lee said. 'In our calls and zooms with portfolio managers many are still cautious because they see tariff risks ahead.' Lee highlighted technical indicators supporting further upside. 'Given the amount of cash on the sidelines, the fact that short interest is going up and we have a quiet week and markets are rallying, I think the risk is now of a substantial leg up rally from here,' he stated. Why It Matters: Regarding tariff concerns, Lee downplayed their economic impact. He estimates a 10% tariff rate would create roughly a 1% GDP effect, comparing it to oil moving from $40 to $80. 'We wouldn't say $80 oil breaks the economy anymore,' Lee noted. The Fundstrat strategist expects the Federal Reserve to remain dovish through 2026 as housing prices decline and deliver deflationary pressure. Housing represented 75% of inflation increases since 2019, according to Lee's analysis. For sector positioning, Lee favors the Magnificent Seven technology stocks alongside financials, industrials, and small caps for the second half of 2025. He views the MAG 7 as 'the first to peak, the first to bottom' during recent market volatility. Lee's bullish outlook contrasts with mounting concerns from JPMorgan Chase Inc. CEO Jamie Dimon and others about potential bond market instability amid rising federal deficits and elevated long-term Treasury yields. Read Next: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Image Via Shutterstock This article Tom Lee Says V-Shaped Rally Among 'Most Hated' Ever As Market Nears All-Time Highs, Warns Of Possible 'Face-Ripper' Surge originally appeared on
Yahoo
06-06-2025
- Business
- Yahoo
Tom Lee Says V-Shaped Rally Among 'Most Hated' Ever As Market Nears All-Time Highs, Warns Of Possible 'Face-Ripper' Surge
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tom Lee, co-founder and Head of Research at Fundstrat Global Advisors, predicts a substantial market rally despite widespread investor skepticism as the S&P 500, tracked by SPDR S&P 500 (NYSE:SPY), trades within 2% of all-time highs. What Happened: Lee wrote on X that 'This remains one of the 'most hated' V-shaped rallies and yet we are within 2% of all-time highs.' He cited short positioning, bear sentiment, and improving macro conditions as catalysts for a possible 'face-ripper rally.' The S&P 500, closed at 5,970.37 on Tuesday, up 0.58%, while the Nasdaq-100 gained 0.79% to 21,662.58. The benchmark index reached an all-time high of 6,152.87 in February. Trending: Start investing with eToro's CopyTrader — . Speaking on CNBC, Lee emphasized the disconnect between market performance and investor sentiment. 'You'd think that with the S&P doing well this week and a great May investors are bullish. They are not,' Lee said. 'In our calls and zooms with portfolio managers many are still cautious because they see tariff risks ahead.' Lee highlighted technical indicators supporting further upside. 'Given the amount of cash on the sidelines, the fact that short interest is going up and we have a quiet week and markets are rallying, I think the risk is now of a substantial leg up rally from here,' he stated. Why It Matters: Regarding tariff concerns, Lee downplayed their economic impact. He estimates a 10% tariff rate would create roughly a 1% GDP effect, comparing it to oil moving from $40 to $80. 'We wouldn't say $80 oil breaks the economy anymore,' Lee noted. The Fundstrat strategist expects the Federal Reserve to remain dovish through 2026 as housing prices decline and deliver deflationary pressure. Housing represented 75% of inflation increases since 2019, according to Lee's analysis. For sector positioning, Lee favors the Magnificent Seven technology stocks alongside financials, industrials, and small caps for the second half of 2025. He views the MAG 7 as 'the first to peak, the first to bottom' during recent market volatility. Lee's bullish outlook contrasts with mounting concerns from JPMorgan Chase Inc. CEO Jamie Dimon and others about potential bond market instability amid rising federal deficits and elevated long-term Treasury yields. Read Next: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Image Via Shutterstock This article Tom Lee Says V-Shaped Rally Among 'Most Hated' Ever As Market Nears All-Time Highs, Warns Of Possible 'Face-Ripper' Surge originally appeared on Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
