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Tom Lee's Fund Analyst: U.S. Stock Rebound Expected to Last Six to Eight Weeks, Then Face Resistance
Summary: In a recent report, Mark Newton, a fund analyst under Tom Lee, predicted that the S&P 500 index will face choppy conditions in 2026. Despite a year-end target of 7300 for the index, the market may experience a consolidation phase before reaching this goal, leading to a decline from this spring onwards. He forecasts that ...
In a recent report, Mark Newton, a fund analyst under Tom Lee, predicted that the S&P 500 index will face choppy conditions in 2026. Despite a year-end target of 7300 for the index, the market may experience a consolidation phase before reaching this goal, leading to a decline from this spring onwards.
He forecasts that the current rebound in the market will last for another six to eight weeks before encountering resistance. This is expected to be a period of consolidation and volatility within the year. This is likely to start from late February or early March, when market pressures may begin to emerge and continue until the end of May. The main catalyst for this volatility is the decline in the technology sector. Leading companies like Nvidia and Microsoft are showing signs of growth stagnation after an extraordinary three-year growth period.
It is worth noting that after internal disagreements within Tom Lee's company at the end of last year, Tom Lee and his analysts have now aligned their views at the beginning of this year, all agreeing that the market will face turbulence but remain optimistic about the overall situation.
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Link: Tom Lee's Fund Analyst: U.S. Stock Rebound Expected to Last Six to Eight Weeks, Then Face Resistance [Copy]
