Tom Lee Sees Signs of a Bottom for S&P 500 After Index Rises 2.35%
FinanceNov 10
Tom Lee Sees Signs of a Bottom for S&P 500 After Index Rises 2.35%
Co-founder of Fundstrat Tom Lee believes that the correction in the U.S. stock market may have ended last week. He points to the 2.35% rise in the S&P 500 and the normalization of the VIX volatility structure as evidence. However, analysts at Charles Schwab urge to assess the recovery not only by the performance of the largest tech companies.