Recent Bitcoin movements have surpassed levels seen on April 2, suggesting a possible rise for the S&P 500 toward 5800. Tom Lee from Fundstrat highlights that stabilization in financial markets and improving economic signals support this bullish outlook.
Tom Lee emphasizes that while tariff fears linger, the macroeconomic conditions are better than early April. Positive earnings expectations and the recovery of key market indicators suggest that investor confidence may lead to substantial equity market gains.
Leave a Reply