Larry Williams his decennial pattern, one reason he is so bullish for US stocks in 2025. And another bullish reason based on the 4 year presidency cycle (Almanac).
One more thing the Gold reserves I heard they are rumors now that they gonna be revalued at the current market prices, because they are ridiculous low priced in the books currently. So the finance department could get around $800 billion in addition. This could be used to cut tax rates etc.
Probably neither this year. 7000 possibly next year. The Band chosen is too wide. 5500 or 6500, one of those will be hit this year. However a black swan event, if it happens, would take the S&P down to below 5000 this year..
Geezus. You beat me to it. Was just about to post this same video....... Anytime the markets fall 1 or 2% cnbc rolls out the red carpet and invites Lee immediately to an interview so he can tell the masses to just keep buying stocks.
They always use the money on the sidelines as a gift that keeps on giving.... Tom lee "What really stands out to us is that the market has alluded extended periods of weakness because investors are bearish at the highs at the time when there’s record cash on the sidelines. So to us, this is a market that is very skeptical of these new highs. That bearishness and the concerns about tariffs means there’s a wall of worry so I think this is actually a very positive setup for stocks.”
Oh man you are even too lazy to look at your own SP500 chart longterm. In October 2022 we had the low of 2022, since then average gain would mean 9000 points for the SP500 end of 2026.