Wall Street Strategist Tom Lee Predicts S&P Rally in 2019

Author : Sunil Kumar   6 days ago  

Wall Street strategist Tom Lee, believes the massive sell-off in equities recorded in the U.S. financial markets within the fourth quarter of 2018 is nothing more than a “mid-life” crisis laying the groundwork for even larger gains in the financial market. Speaking in an interview with CNBC’s Fast Money: Half Time Report, Lee noted that U.S. stocks are well on the way for double-digit increases in 2019, and that they might go as high as 17% this year. “The buy the dip, which people thought died last year, is back. The probability of a double-digit year we think is the highest since 2009.” Friday’s Investor Notes

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