Fundstrat’s Tom Lee Runs Victory Lap, Predicts Robust Earnings in 2020
Fundstrat’s Tom Lee was on the money about the S&P 500 this year while recession alarmists cried wolf. Now Lee is expecting earnings in 2020
Gerelyn Terzo November 2, 2019
Fundstrat’s Tom Lee was on the money about the S&P 500 this year while recession alarmists cried wolf. Now Lee is expecting earnings in 2020
The U.S. stock market as seen in the performance of the S&P 500 still remains near its record high following the attacks on Saudi Arabia’s
It seems like a lifetime ago that the Bitcoin price grazed the $20,000 mark in late 2017, and bulls have been pining for a new
As the stock market looks to shrug off an extremely volatile August, bulls will be praying that JP Morgan is right in its bet that
Bakkt has been trumpeted as a future main driver of crypto institutional adoption and even the bull market. The bitcoin futures exchange boasts everything Wall
By CCN.com: The stock market still has more runway for gains despite the trade war. Fundstrat Co-Founder Thomas Lee is doubling down on his year-end
By CCN.com: As Donald Trump and China continue to play Russian roulette with the global economy, the Dow Jones Industrial Average is doing just fine,
By CCN.com: Fundstrat Co-Founder Thomas Lee has been covering the stock market for longer than he’s been analyzing bitcoin. And while crypto has been a
By CCN.com: Following a banner quarter, one Wall Street analyst says that the US stock market is teetering on the brink of a cooling-off period.
The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin.
After a long and arduous winter, green shoots of a crypto market recovery have begun to emerge. Perhaps the only ones left out are the
Bitcoin perma-bull Tom Lee of Fundstrat tried to buttress his recent projection that the bitcoin price is due for a major rally soon. On March
The battered US stock market enters the week’s final trading session with little hope of patching its previous-day wounds. Rather, trade war pessimism looks poised
The past 12 months haven’t been easy for any bitcoin bull, but perhaps no cryptocurrency proponent has had a worse time than Tom Lee, the
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
Fundstrat’s Tom Lee says the stock market sell-off doesn’t indicate a recession is nigh, but the earnings season looks “ugly” and the U.S Federal Reserve
Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder
Fundstrat co-founder Tom Lee stands by his reduced year-end bitcoin price target of $15,000, saying continued fallout from a market slump in tech stocks is
There’s a general perception that retail investors are susceptible to rosy-eyed forecasts about the future of bitcoin, while institutions are more clear-headed about the prospects
Despite the positive news seen in the crypto space recently with ICE, the owner of the world’s largest stock exchange, setting up a new bitcoin
Fundstrat founder Thomas Lee, better known to the cryptocurrency community as Tom Lee, has expressed his enthusiasm towards the swift recovery of the bitcoin price
Fundstrat’s Thomas Lee has lowered his Bitcoin price forecast for this year to $22,000 from $25,000. In making his case the co-founder and managing partner
The bitcoin price has experienced a “gut-wrenching” decline in 2018, and Wall Street strategy firm Fundstrat believes it has finally identified the reason why. Writing
Bitcoin’s price has bottomed and will break out over the next few days. That’s what Robert Sluymer, head of technical strategy at Fundstrat Global Advisors,
Bitcoin’s price has hit rock-bottom and will rally again soon like the mythical phoenix rising from the ashes. That’s what technical analysis suggests, according to Robert
Billionaire investor and former hedge fund manager Mike Novogratz said that he is optimistic that the US Department of Justice’s (DOJ) recently-launched probe into allegations
The bitcoin bears may be in control at the moment, but that is not leading one cryptocurrency market strategist to recoil. Fundstrat Global co-founder Thomas
Widely followed cryptocurrency analyst Thomas Lee’s short-term market forecast may not have materialized, but he’s sticking with his bullish long-term prediction despite the setback. If anything, Fundstrat
Fundstrat Global Advisers is a finance market strategy firm well-known for making bullish predictions on cryptocurrency prices. Co-founder Thomas Lee posted the group’s predictions that
The bitcoin price could reach $64,000 by the end of 2019, according to a new analysis of cryptocurrency mining economics. The study, conducted by Wall
Leading cryptocurrencies are all trading in the green today, as Ethereum takes the recent development of a possible regulatory crackdown in stride. After falling from the
Institutional investors that have already invested in cryptoassets and are long-term bullish on the industry believe that the Bitcoin price has already bottomed out and
Bitcoin is trading in the green again, and the bullish forecasts are rolling in. Thomas Lee, Fundstrat’s co-founder and head of research, predicts that the
Bitcoin prices will probably climb after April 17, when Tax Day in the United States is over. That’s what Fundstrat co-founder Tom Lee, a noted bitcoin
Fundstrat’s Thomas Lee is emerging as a voice of reason for cryptocurrency investors even as bitcoin continues to trade in the doldrums. JPMorgan Chase’s former chief
The altcoin bloodbath may finally be nearing its culmination, but small-cap coins will likely spend the next quarter in “purgatory” as they await a late-summer
Fundstrat’s Tom Lee is making a bullish call on bitcoin in the next two years, suggesting that the latest 70% drop actually bodes well for
Bitcoin miners may be turning off their machines, at least until the bitcoin price rebounds. It’s no secret the BTC price has been in a
It’s been a dismal year so far for the cryptocurrency markets, and — as evidenced by the Bitcoin price’s more than 50 percent retrace from
Wall Street strategist Tom Lee has raised his mid-2018 bitcoin price target to $11,500, anticipating that the most prominent cryptocurrency’s recent correction has removed “weak
Wall Street strategist Tom Lee is urging investors to exercise caution following the bitcoin price’s staggering advance during the first week of November. The bitcoin
Wall Street strategist Tom Lee predicts that the Bitcoin Investment Trust (OTC: GBTC) could triple in value by 2022 if his bitcoin price predictions prove
FundStrat Global Advisor co-founder Tom Lee turned heads when he first predicted that the bitcoin price could reach $25,000 by 2022, but he has maintained
The bitcoin price pulled back from its all-time high this weekend, weighed down by a bitcoin cash price surge and disagreements over the SegWit2x scaling