Tom Lee Sees US Stocks in Bull Cycle, S&P 500 Hits Low
- Tom Lee believes US equities are in a bull cycle after a normal correction.
- The S&P 500 has likely reached its low, but recovery style is uncertain.
- Only 6% of S&P 500 stocks are above their 50-day moving average.
- 19% of S&P 500 stocks are above their 200-day moving average.
- Historically, low percentages have led to higher stock prices six months later.
According to Tom Lee, the S&P 500 has likely hit its structural low, with only a small percentage of stocks currently above key moving averages. Historically, this setup suggests potential for future gains.
Source (2.6)https://dailyhodl.com/2025/04/21/fundstrats-tom-lee-says-us-stock-market-still-in-a-bull-run-thinks-sp-500-has-hit-price-lows-this-year/?rand=59076
