It's over bears! Tim Lee has the high ground!

    https://markets.businessinsider.com/news/stocks/stock-market-outlook-fed-rate-cuts-recession-outlook-fomc-meeting-2024-9

    Posted by FoldItBackandSlapIt

    41 Comments

    1. Tom is the MF GOAT. I was lucky to be in a room with him and about 5 other people, where he wrote out the math on a whiteboard as to why SPX earnings expectations and GDP expectations were too low. He was “generationally” bullish. Demographics, demand, etc…

      This was in 2016… right after he left JPM, probably 150% lower in SPX

    2. Honestly thinking a pump to 2 PM EST and then dump.

      Than 3 PM power hour we see the direction.

      Unless J Pow comes out like doves in a wedding.

    3. networkninja2k24 on

      I am amazed how people things rate cuts are going to dump the market. Sure may be a day or so lol. But overall interest rate cuts always always changed money flow into market.

    4. SPY & QQQ ARE LITERALLY TRIPLE TOPPING ![img](emote|t5_2th52|53057)![img](emote|t5_2th52|53057)![img](emote|t5_2th52|53057)![img](emote|t5_2th52|53057)![img](emote|t5_2th52|53057)

    5. When rates go down, don’t folks typically start moving money into stocks to get a better rate of return? Am I missing something, why would folks expect a significant drop?

    6. Syab_of_Caltrops on

      Tom “Mothafuckinbigcock” Lee

      ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276) LFG ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)

    7. If we took this threads responses as a survey to the question: Will it be 25 or 50Bps and will the market rally or drop? You would find that none of us knows anything from one another. All the points are valid and supported. No one will know until tomorrow. Good luck.

      Also, 9/30 QQQ 500C. Let’s go!

    8. Tom Lee 2 weeks ago

      [“I think investors should be cautious for the next eight weeks,” the typically bullish investor said. “Market’s been up seven of the eight months this year. So we know it’s an incredibly strong market. But we also have the September cuts, and we have the election: things that’ll get people nervous.”](https://markets.businessinsider.com/news/stocks/stock-market-selloff-outlook-election-rate-cuts-jobs-tom-lee-2024-9)

      Dude is a 🤡

    9. Yeah but this guy is always bullish where the market is bullish-weighted
      They say if you’re right 60% of the time you’re a legend, but that just means the odds are slightly better than hitting on black

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