The latest prediction from the "Wall Street God Operator": The US stock market is expected to fall by 10% in the next 8 weeks, so it is advisable to buy on dips at the right time!
因醉鞭名马幌
发表于 2024-9-4 11:42:30
148
0
0
① Tom Lee stated that the stock market may experience a maximum correction of 10% in the next eight weeks He said that investors should remain cautious before the Federal Reserve cuts interest rates and elections, but should also "buy on dips" in a timely manner.
Tom Lee, co-founder and research director of Fundstrat Global Advisors, a US investment firm, said that the US stock market may plummet by 7% to 10% in the next eight weeks, and advised investors to be prepared for severe turbulence, as a series of events will challenge the recent strength of the US stock market during this period.
I think investors should remain cautious in the next eight weeks. In seven out of the eight months this year, the market has been rising. So we know this is a very strong market. But then the Fed's interest rate cut in September and the US presidential election will make people nervous
According to the CME Federal Reserve Observation Tool, the market currently expects a high probability of a 25 basis point (61%) rate cut in September, but the probability of a 50 basis point rate cut also reaches 39%.
Wall Street analysts generally believe that the market may not welcome significant interest rate cuts. Bank of America wrote on Tuesday that if the Federal Reserve had to cut interest rates by 50 basis points, it could be in response to rising recession risks.
This Friday, the United States will release a key non farm payroll data. Some Wall Street insiders are concerned that this report may be weaker than expected. But Lee pointed out that as investors readjust their interest rate outlook, even if the non farm payroll data is better than expected, there may still be a pullback.
If the strong non farm payroll data causes investors to worry and leads to a decline in the US stock market on Friday, I will buy on dips, "he said.
Lee was one of the few bulls on Wall Street last year, predicting at the end of 2022 that the S&P 500 index would soar more than 20% to 4750 points in 2023. As expected, the index unexpectedly rose sharply last year, with the final price only slightly below its set target level by more than thirty points. According to reports, among the strategists tracked by Bloomberg, Lee's prediction is the closest, jokingly referred to as the "Wall Street God Operator".
Moreover, his optimistic outlook for the US stock market in 2024 is largely correct, with the S&P 500 index rising 16.57% so far this year.
Lee believes that the uncertainty of the election may deter investors before the election results are announced. For non election year stock markets, September is also a challenging month. Some analysts believe that the volatility related to the election may continue until mid October.
However, he firmly believes that the "difficult" weeks ahead should be seen as buying opportunities.
I think people have the opportunity to buy (on dips) in the next eight weeks, "he said in an interview." I think being cautious is a good thing, but I'm just prepared to buy
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Goldman Sachs Lays Over a Thousand Employees, Wall Street Worries Over 'September Curse'
- Nvidia fell 16% in a week! Wall Street analyst: Key bottom may be here
- Wall Street's sharp review of non farm payroll data: pragmatism and hope coexist, kicking the ball to next week's CPI
- 4 trillion financial giants plunged last night! JPMorgan Chase fell more than 7% at one point, CEO warns Wall Street expectations too optimistic
- Wall Street guru warns again: if Harris wins election, I will withdraw funds from the market
- The time for the Federal Reserve to cut interest rates has arrived tonight! Wall Street economists: will usher in an era of dollar depreciation
- Don't get addicted to the 'FED interest rate cut frenzy' for now! Wall Street guru: US stocks will continue to fluctuate before the election
- Is the Fed's interest rate cut actually a risk for the US stock market? Bank of America tip: Buy bonds and gold at low prices!
- The call for 6000 points is gradually increasing! Another Wall Street prediction: US stocks are expected to rise another 10% by the end of the year
- Abandon polls! Wall Street analyst: Predicting US beauty pageant stocks is more reliable!
-
AP通信9月27日、インテルは今月中旬に発表された重大な業務調整に加え、近日中にクアルコムに買収合併される可能性があるとの情報を伝えていることを明らかにした。 しかし、ウォール街のほとんどのアナリストは、 ...
- 什么大师特
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
9月27日、ネット通信社武漢グローバル本社の操業停止による荒廃について、同社の公式対応インタフェースニュースによると、同社本社の建設は操業停止ではなく、現在建設作業は計画通り着実に進められており、この1 ...
- 一念之间323
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
Alphabet傘下のグーグルの最新情報によると、同社は米国サウスカロライナ州に33億ドルを投資し、データセンターとクラウドインフラストラクチャを拡張する計画だ。 グーグルのサンダル・ピチャイ最高経営責任者は木 ...
- SNT
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
8月のトヨタ自動車(ダイハツ自動車と日野自動車を除く、レクサスを含む)の世界生産台数は前年同月比11.2%減の709571台、世界販売台数は前年同月比3.1%減の826863台だった。 日本本土市場では、トヨタ自動車の8月 ...
- SOGO
- 前天 18:03
- 支持
- 反对
- 回复
- 收藏