TOM LEE SAYS STOCKS COULD RALLY VERY STRONGLY AFTER THE MIDTERM ELECTIONS
@fundstrat believes the current market uncertainty is creating a buying opportunity:
- Defensive sectors like healthcare, staples, utilities, and waste services are rallying, signalling investors are nervous
- Tech stocks appear to be reaching key support levels, according to Mark Newton
- The next few weeks of risk-off trading could offer a buying opportunity before a broad and powerful post-midterm rally
Traders see a 72% chance of the S&P 500 $SPX reaching 8,000 by year-end.