Fundstrat’s Tom Lee says stocks could face their next “speed bump” between mid-October and the midterm elections, but sees a pullback as a potential clearing event before year-end. (Original source: @SquawkCNBC)

.@Fundstrat's Tom Lee discussed the ingredients we have right now for a face-ripper rally with @SullyCNBC on CNBC's @PowerLunch. He will go in-depth with @MarkNewtonCMT tomorrow on Fundstrat's Macro Update webinar and also share his top stock ideas. Reserve your spot now:

.@fundstrat Tom Lee responds to the Fed's move. @MarkNewtonCMT is watching the market technical signals. Tomorrow at 2 p.m. ET they go live, break down both, and go through the updated large-cap and SMID-cap lists name by name. Join us live→

.@fundstrat's Tom Lee: The crypto winter looks largely over. He sees the same setup with equities. Full case on Wednesday's webinar with Tom Lee and @MarkNewtonCMT →

FUNDSTRAT'S MARK NEWTON SAYS THE FED, OIL AND THE 10-YEAR "REALLY HAVE NO BEARING ON WHAT THE STOCK MARKET IS GOING TO DO" @MarkNewtonCMT told @StockMKTNewz at Future Proof this week that people are watching the wrong things. "Many people overemphasize all these exogenous factors, which really have no bearing on what the stock market is going to do. Outside of technical analysis, we've had the best profit growth in about 30 years' time." "The AI spend is really not going away anytime soon. I know there's obviously fears about that being overblown, but we've seen really no evidence of that slowing down." He says the next real test is mid-October, when Q3 earnings come in. The Fed hiked Wednesday. The S&P 500 had its best day in six weeks on Thursday.

.@fundstrat's Tom Lee still sees $NVDA as inexpensive. Find out why. Plus, an update on Tom's views on a possible market correction and Fundstrat's latest top stock ideas:

.@fundstrat's Tom Lee on @CNBCClosingBell today: he still sees upside near term, then a potential pullback, before a push into year-end. He breaks it all down, with Fundstrat's latest top stock ideas, in our Macro Update webinar July 16. Request your invite: