'Face ripper' rally is in place, says Fundstrat's Tom Lee

804 Megtekintés 83 E

Fundstrat's Tom Lee says conditions are in place for this rally to continue well into April. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Brian Kelly.
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Tom Lee said Monday he expects the stock market’s strong start to April to continue throughout the month as part of what he’s previously dubbed a “face-ripper rally.”
The co-founder of Fundstrat Global Advisors made his case in an interview on CNBC’s “Fast Money,” following the S&P 500′s 1.4% gain Monday to notch a record close of 4,077.91.
“Institutions raised almost $200 billion of cash since the start of the year, so they’ve turned quite cautious, and they’ve been fading or selling their tech and growth holdings but they’ve only just begun to nibble on the ... epicenter [stocks],” said Lee, whose firm considers those to be companies that were among the hardest-hit in the pandemic but stand to gain from the economic recovery.
“So, I think there’s a level of surprise coming in April because we already had a strong finish beginning Wednesday of last week. It’s really three days of strong rallies and history shows this is really building up to be what could be a, potentially, S&P 4,200 before the end of the month,” Lee said.
The broad equity index reaching that level would represent roughly 3% upside from Monday’s close.
Additionally, Lee said it would make the April rally “something that is both really strong but, more importantly, quite a big surprise for institutions.”
As for what happens after a so-called face-ripper rally, Lee said there could be a period of choppy trading.
“I think if the S&P does in fact rally strongly this month at a time when institutions are sitting on so much cash and there’s so much skepticism on this market, we could see a big chase and that could mark the high for the year,” he said. “I wouldn’t say that’s our base case, but yes, we would have to consolidate these gains.”
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Megjegyzés

  1. April Harris
    April Harris
    2 napja

    It is a month after this interview and we did not have a "face ripper rally". As a matter of fact, many of us are in the red. Those of us invested in growth stocks have watched as our stocks have sunk to all-time lows since last year.

  2. DH
    DH
    16 napja

    On April 5th, the day of the interview, the S&P closed at 4077. On April 29th S&P was 4211. Tom Lee's forecast was spot on.

  3. Zep Nut
    Zep Nut
    19 napja

    And the lord said unto the people ‘There will be a face ripper rally and the S&P will hit 4200 by end April’ And Lo it did come to pass

  4. Y M
    Y M
    23 napja

    Well can’t blame guy. The CN tower is larger and nicer than the spade needle

  5. PutCall Ratio
    PutCall Ratio
    Hónapja

    11 days later spx is at 4191!!!!!

  6. Saed al-Tamimi
    Saed al-Tamimi
    Hónapja

    Tom Lee is in the zone . he is amazing

  7. Toby smith
    Toby smith
    Hónapja

    Face ripping rally 😬

  8. Harly Slamm
    Harly Slamm
    Hónapja

    here's my call! just buy the market, it will continue to go higher for at least a year. Now I am a guru

  9. emma jade chew
    emma jade chew
    Hónapja

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the procedure involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies/traders neglect day trading their coins and stick to holding which is very dangerous as when the market goes bearish, My advise any newbies/traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy . I underwent series of trading loses I'd best not talk about before I was introduced to trading analyst Dr Benjamin Aldrich. My contact with her has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC in just 5 weeks. I will advice traders esp newbies to have orientation of trading before they involve in it. Ben Aldrich makes you learn daily while you make profit with his signals. Aldrich can be contacted via what's app : +447-86871-4959 ** and telegram: Ben_Aldrich * for inquiries ....

    1. toufik mag
      toufik mag
      Hónapja

      i believe we shall be experiencing a grate move in short time.

    2. 1982rossh
      1982rossh
      Hónapja

      His technical analysis is very lucrative .

  10. MrArtm87
    MrArtm87
    Hónapja

    Namsan Tower?

  11. Robbie B
    Robbie B
    Hónapja

    what was so offensive with "space needle"?

  12. Jim P
    Jim P
    Hónapja

    This entire crypto market has been fraudulently propped by Tether which has printed close to 40 BILLION USDT. NYAG and crypto nation Tether is not backed 1:1 USD/USDT as it claims. I personally don’t mind since I have benefitted from this alleged scam but one day, Tether will come to an end.

  13. Nathan Ramsey
    Nathan Ramsey
    Hónapja

    well he's already half way there in 3 days

  14. ubergrep
    ubergrep
    Hónapja

    Tom Lee, the most bullish guy in Wallstreet, even during the worst pandemic to have hit the US Stock market.Truly a legend!

  15. garybalatennis
    garybalatennis
    Hónapja

    Space needle without the dome. Meaning straight up to the Moon.

  16. John Chieze
    John Chieze
    Hónapja

    thomas lee was a rare voice calling for a continuous bull run in 2020 when the rest of the analytical media heavyweights predicted the sky falling. it pays to listen to this man. mr.dow has plenty of legs that should drive it to 40,000 to 45,000 by december 2021. turn off all the doomsayers!

  17. sneaker bot
    sneaker bot
    Hónapja

    The unknown girdle interestedly bomb because pin conversantly sack a a classy yam. glamorous, painstaking education

  18. Mike Blackman
    Mike Blackman
    Hónapja

    THIS IS SCARY

  19. Neo V
    Neo V
    Hónapja

    Tom lee has beeen unbelivably accurate over last 12 months, excrpt for when he said in Dec'20 that 3900 S&P will call for a 15% correction till 3500, but that never happenned.

  20. Peter
    Peter
    Hónapja

    I love watching these shows because we know that they know that they don't actually know where this is going to go, but we just watch and enjoy it anyway because it's entertaining to speculate about making money. That's essentially all CNBC is.

  21. Know Your History
    Know Your History
    Hónapja

    When Tom speaks you better listen

  22. Pierre Baril
    Pierre Baril
    Hónapja

    Micheal of Bitcoinsamurai and his team continue to provide me the tools necessary to ensure my success as a new business owner. It’s not easy beating a new company with limited access to funding options, but Micheal and his team continue to provide reasonable options that meet my needs and will ensure our continued success. Once again, thank you micheal

  23. s18018
    s18018
    Hónapja

    Tom been wrong a lot, only sees up, never corrections or bear markets

    1. Y M
      Y M
      Hónapja

      @s18018 well if you bought the S&P right at the peak on the day right before the March crash (ie. 1 year ago) you’d still be up 22% today despite the crash. A 22% annual return is pretty incredible by any standard. I’m not sure how you characterize that as being “wrong”. Regarding Bitcoin it is up 10x since he was touting it 4 years ago. That’s a 1,000% gain in 4 years (ie. 250% annualized return). So again I’m not sure how you characterize that as being “wrong”

    2. s18018
      s18018
      Hónapja

      @Y M did u forget March 2020 crash so soon? And he was calling for $100K BTC like 3-4 years ago.

    3. Y M
      Y M
      Hónapja

      Lol. How has he been wrong. If he only sees up and the market is up 300% in the past decade then how could he possibly have been wrong??

  24. Nuno Alexandre
    Nuno Alexandre
    Hónapja

    As long as the Fed has my Back....

  25. Elena Stefanova
    Elena Stefanova
    Hónapja

    Blockchain can help you diversify amongst asset classes with Mr. Elton's new ECN, and provides you new age value and an incredible potential for growth. with all I know markets dips like this excites me, it's profits season!!!

    1. Elena Stefanova
      Elena Stefanova
      Hónapja

      oh wow, what a coincidence, you're not mistaking at all, you can always reach out to him via his official mail

    2. li chan
      li chan
      Hónapja

      Well I don't know much about blockchain or any of these finance jargons to be honest lol, but I think the Elton Consult rings a bell here in Canada, or am I mistaking?

    3. Elena Stefanova
      Elena Stefanova
      Hónapja

      @kelly Do some personal research and find out what's happening in the tech world, you think this dip is another random event? trillions will be pushed into tech this year and blockchain will definitely be getting it's fair share.

    4. kelly
      kelly
      Hónapja

      if you have your savings in crypto your going to be in trouble when the central governments outlaw it.... I guess i would be better suited in gold and US treasuries.

  26. Chris Perkins
    Chris Perkins
    Hónapja

    Typically, what follows a face ripping rally is an ass ripping crash!

  27. Freddie Jonesy
    Freddie Jonesy
    Hónapja

    I hope my face gets ripped off, LoL

  28. Tim W
    Tim W
    Hónapja

    its a faceripper until they let the mortgage problems unwind. once that happens this thing is going hard into the tank and taking everyone with it. There will be alot of tears be ready to catch this on the way down OUCH!!!

    1. loopje
      loopje
      Hónapja

      Wtf is wrong with u. Never seen a more butthurt bear

  29. Canada Canada
    Canada Canada
    Hónapja

    In Toronto, it's called CN tower. In Vancouver, it's called Cloud 9. In Seattle, it's called Space needle. In stocks, it's called pump and dump.

  30. Cooper Carr
    Cooper Carr
    Hónapja

    Buy SPY calls.

  31. Cooper Carr
    Cooper Carr
    Hónapja

    Jim Cramer eats cereal with his elbows.

  32. Rob Bobcat
    Rob Bobcat
    Hónapja

    Tom is the only person i believe at the moment. people ready to get out of this covid crap

  33. Jeremie Roy
    Jeremie Roy
    Hónapja

    Face ripping inflation rally: that's all what's left in this country

  34. Chris N
    Chris N
    Hónapja

    $tsla @420 on 4/20

    1. Plopseven
      Plopseven
      Hónapja

      The ultimate negative meme crash. Not so fun on the way down, lol.

  35. DowskiVision MagicalOracle
    DowskiVision MagicalOracle
    Hónapja

    Wow! A literal googly-eyed looking goofball. He didn't have this problem in the past, I take it he got this shortly after his covaids shot but, of course, that's all just coincidence and to suggest otherwise is conspiracy-theory crazy talk.

  36. James Fraser
    James Fraser
    Hónapja

    this man is a bad joke failure. been sacked all over , now he has to have his own firm, I doubt that will last long. Where does he get the money from to pay them for being on their show ?

  37. Patrick Khosarvani
    Patrick Khosarvani
    Hónapja

    What is he talking about?

  38. Andres Pedersen
    Andres Pedersen
    Hónapja

    I'm so tired of the stock market manipulated by the FED, that's why I've decided to try another investment

    1. Richard Hart
      Richard Hart
      Hónapja

      How does this whole Bitcoin thing work?, I know Bitcoin trading can be very profitable but whenever I try to trade, I loose most of my funds, lost about $ 6000 in a week

    2. Abigail Fred
      Abigail Fred
      Hónapja

      I actually see crypto taking over the financial world, it's making waves

    3. George Wolfebarger
      George Wolfebarger
      Hónapja

      Market crash is inevitable, invest in cryp to and gold, they are really profitable right now

    4. Harry Williams
      Harry Williams
      Hónapja

      They are making the lives of the masses suffer

  39. Antoni Balbus
    Antoni Balbus
    Hónapja

    It's gonna be the repercussions of that passive investing xD📉📉

  40. Charles F. Elliott
    Charles F. Elliott
    Hónapja

    I was scared that this was another ponzi scheme. But my fears have been cleared after I took the long route of 180 days investment plan. I now know for

  41. Lewis Breakell
    Lewis Breakell
    Hónapja

    🎣 Watch the market crash🤣

  42. MJM
    MJM
    Hónapja

    I love this guy

  43. Roger Rogers
    Roger Rogers
    Hónapja

    sarcastically comments in "3 weeks" when it just moved that amount in 5 days

  44. LuluDemon
    LuluDemon
    Hónapja

    Guy sounds so sharp. I wonder why he was fired from JP Morgan

    1. H
      H
      Hónapja

      How do you know he was fired?

    2. Estark
      Estark
      Hónapja

      because he was giving out real advice and making other people money.

  45. Chris Revol
    Chris Revol
    Hónapja

    There’s no mergers coming until a meltdown lol. Why would companies merge? They hittin up spacs

  46. J NS
    J NS
    Hónapja

    so todays candle being completely above the bollinger band at all time high levels doesnt mean anything.....used to be automatic pullback in next 3 trading days

  47. Max Màher•
    Max Màher•
    Hónapja

    Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

    1. Willa L Harris
      Willa L Harris
      Hónapja

      Believe me he's the best when it comes to Cryptocurrency trading, your profit is assured.

    2. Pinned: By Digital Assets News•••
      Pinned: By Digital Assets News•••
      Hónapja

      Thanks

    3. Michael M Bitner
      Michael M Bitner
      Hónapja

      +,,,,,,,,1,,,,,,,,(,,,,,,,,8,,,,,,,,1,,,,,,,3,,,,,,),,,,,,,,,5,,,,,,,,,,5,,,,,,,,,,,3,,,,,,,,,,,1,,,,,,,,5,,,,,,,,0,,,,,,,,9

    4. Bills Tommy
      Bills Tommy
      Hónapja

      Seeing alot of success stories, he must be honest and trustworthy for people to talk this good about him

  48. Ken Havens
    Ken Havens
    Hónapja

    He looks likehe has bodies hidden in the cellar

    1. yonchrr
      yonchrr
      Hónapja

      Errr no he doesn't.

  49. Dan Kruse
    Dan Kruse
    Hónapja

    Tom has saved me from the doom and gloom crowd many times over the years.

  50. Chris Kellerman
    Chris Kellerman
    Hónapja

    They all get on TV and bait everyone into participating into this false narrative.

  51. Chris Kellerman
    Chris Kellerman
    Hónapja

    Wow the false narrative continues

  52. Dom Johnson
    Dom Johnson
    Hónapja

    I remember people saying the same thing in 2007.

    1. yonchrr
      yonchrr
      Hónapja

      Shut up.

  53. Jeff
    Jeff
    Hónapja

    CNBC also reports: After finishing this interview, Lee logged in to his u/FaceRipper420 account and posted the comment "Bears are fukt 🚀"

  54. Rene Camilleri
    Rene Camilleri
    Hónapja

    Not sure where Tom’s hometown is however he definitely is the “The Oracle of.......”

  55. Steve D
    Steve D
    Hónapja

    the fed will take care of everone

  56. Steve D
    Steve D
    Hónapja

    lets borrow all the money

  57. Steve D
    Steve D
    Hónapja

    this guy is smart

  58. Ty Chang
    Ty Chang
    Hónapja

    His eye tells you how parabolic this market has been

    1. theKONGSTOCKS
      theKONGSTOCKS
      Hónapja

      You funny guy, you Wang Chang you!

  59. Danielle Stan
    Danielle Stan
    Hónapja

    The fluttering hand progressively unite because pants reassembly whisper across a robust mandolin. wandering, wrong colony

    1. Fredrico Kalo
      Fredrico Kalo
      Hónapja

      Welcome to HUfrom Mr Bot

  60. Pine Forest
    Pine Forest
    Hónapja

    He's a smart guy who thought long and hard to come up with an unpleasant, rip-roaring phrase that would capture the financial media's attention.

  61. Pine Forest
    Pine Forest
    Hónapja

    Tom Lee has a face transplant. That's why he is an expert on face-ripper rallies. I personally prefer belly-ripper rallies.

  62. amadeus0123
    amadeus0123
    Hónapja

    When Tom Lee talks world better listen! Staying invested given his advice

  63. Joshua Burns
    Joshua Burns
    Hónapja

    Black swan

  64. Joshua Burns
    Joshua Burns
    Hónapja

    The biggest danger? The Fed stops asset purchases and stimulus ends.

  65. GS400
    GS400
    Hónapja

    ME: SCARED SCARED SCARED TOM LEE: BUY BUY BUY

  66. Kevin Owen
    Kevin Owen
    Hónapja

    Long term, traditioal energy is dead! Short term I agree on some upside. Its like a terminally ill patient in remission. Biden is speeding this process up nicely. Put your money in Tech sure there will be short term pain but the long term synopsis is bright!

  67. Deimos Viking
    Deimos Viking
    Hónapja

    this guy always says everything will only go up. a broken clock is right twice a day.

  68. T MARZ
    T MARZ
    Hónapja

    Anyone else click because they thought this was an interview with Bill Hwang?

    1. yonchrr
      yonchrr
      Hónapja

      @voicification literally thought the same thing. Such an unfunny comment

    2. voicification
      voicification
      Hónapja

      Nope. Just you.

  69. vivien slennett
    vivien slennett
    Hónapja

    Xrp crypto currency going to melt your face off 🚀

  70. A Guy In a Van
    A Guy In a Van
    Hónapja

    "Which stocks are going to be impacted the most by the climbing covid cases?"

  71. Zep Nut
    Zep Nut
    Hónapja

    The GOAT 🐐

  72. C Wag
    C Wag
    Hónapja

    Bought energy and banks a month ago when he said they are going to go crazy. Returns so far -1% vs other parts of market 6% to 8%. I have not lost the faith yet. I will hold for 2 more months.

    1. Monticha Imsuksri
      Monticha Imsuksri
      Hónapja

      im thinking goin into energy but seem like maybe reopening stocks are better buys? im not sure

  73. Persona
    Persona
    Hónapja

    This guy says face ripper to grab your attention, then spews mumbo jumbo with bs. Just as shill

  74. necraduq
    necraduq
    Hónapja

    Whatching these cucumbers not know where the Space Needle is, while I'm wearing a t-shirt from the Space Needle. And I don't even live in America..

  75. Small Pockets Big Rockets
    Small Pockets Big Rockets
    Hónapja

    I’m all about a face ripper rally.

  76. Sasha & Savisha
    Sasha & Savisha
    Hónapja

    Anyone who doesn’t know where the space needle is needs to get out of the living room more. Or else just google the space needle.

  77. Not the man of the hour
    Not the man of the hour
    Hónapja

    this week is gonna be a genital slasher rally

  78. jinny
    jinny
    Hónapja

    at 6:00 he says "it would look like a space needle or another term for it Koreans use" still haven't figured out what that other term is ....

    1. Y M
      Y M
      Hónapja

      @H CP yup. Exactly my thoughts 🍆

    2. H CP
      H CP
      Hónapja

      I’m guessing the term is phallic in nature.

  79. Miami999 Q
    Miami999 Q
    Hónapja

    Diamond hands, buying the dip for the last 6 weeks

  80. The Modern School of Ancient Thought
    The Modern School of Ancient Thought
    Hónapja

    Hahah shot out to Seattle we love ya Melissa 🌸

  81. hello hater
    hello hater
    Hónapja

    Moments before disaster......

  82. limlwl
    limlwl
    Hónapja

    4600 and then Crash of Epic proportion as this is the last market pump and dump by the elites. The $1.9 Stimulus hasn't even moved the market much and so someone is selling

  83. Elvin Hayes
    Elvin Hayes
    Hónapja

    This guy's one job in life is to sucker losers into going all in on the market just before the big boys he shills for cash out. The market goes up when more money gets dumped in it. It crashes when the money runs out. When the market stops hoovering up the current stim money, it's going to wobble, then crash. There's no other money out there to keep it inflating.

    1. Fredrico Kalo
      Fredrico Kalo
      Hónapja

      Agreed

  84. alexng4
    alexng4
    Hónapja

    fgf

  85. Eric Zambrana
    Eric Zambrana
    Hónapja

    The final straw will be sustained higher oil prices

  86. --
    --
    Hónapja

    1:10 lolz

  87. ray Bar
    ray Bar
    Hónapja

    When Tom speaks, YOU MUST LISTEN!!! Glad he is a contributor now.

  88. 姥姥王
    姥姥王
    Hónapja

    Tom is so sharp, better listen to him like he is the King of Money Bags! Hard to be a non Anglo yet so credible, you’d have to work triple hard to achieve it.

    1. Ivan2Jura
      Ivan2Jura
      Hónapja

      As a non-Anglo in business: this.

  89. BM C
    BM C
    Hónapja

    Tom Lee is a very humble and smart guy

    1. MJM
      MJM
      Hónapja

      what is love about him is he knows he's right but he's not full on it, like he's not like the other analysts that say Im right and this and that because im always right stuff like that

  90. TED BATES
    TED BATES
    Hónapja

    Weren't these the same people who were saying to get out of the market a couple weeks ago? #DailyAmnesia !!

    1. Jon
      Jon
      Hónapja

      Not Tom Lee.

  91. Richard Guthrie
    Richard Guthrie
    Hónapja

    Is there a face ripping correction ?

    1. loopje
      loopje
      Hónapja

      Were u asleep all of March?

  92. Neil Dillingham
    Neil Dillingham
    Hónapja

    Why is. Space needle. offensive to Koreans, I have Korean friends and don't want. to accidentally offend them

    1. davincicodedanbrown
      davincicodedanbrown
      Hónapja

      I was wondering the same thing.

  93. Chris Sain
    Chris Sain
    Hónapja

    Only person on Wall Street I listen to and who is right ALL the Time. #HeDontMiss

    1. Tony Trupp
      Tony Trupp
      Hónapja

      Seems like he’s just constantly bullish.

    2. Fred Frond
      Fred Frond
      Hónapja

      he is good but not perfect. He did call for 25 K yearend bitcoin pride in 2018 when bitcoin dropped to like 3K bitcoin finished at 11K but ultimately buying and hodling bitcoin at that time was more than the correct decision. So I listen when he talks nowadays.

    3. DowskiVision MagicalOracle
      DowskiVision MagicalOracle
      Hónapja

      Nobody's right all the time, check your confirmation bias.

  94. Brother Ho
    Brother Ho
    Hónapja

    tom lee one of the best analyst

  95. Jon Haley
    Jon Haley
    Hónapja

    Spy calls are still on the menu boys

  96. Billy Johnson
    Billy Johnson
    Hónapja

    Tom lee so far has outsmarted carter

  97. Reprogramming Mind
    Reprogramming Mind
    Hónapja

    Tom Lee speaking on face ripping seems to speak from experience

  98. Hau Raw
    Hau Raw
    Hónapja

    Bitcoin about to triple in value fast

  99. Ray Lopez
    Ray Lopez
    Hónapja

    Tom Lee is not made for TV. With purple prose like "face ripper rally" I expected a slick, fast-talking boiler room operator.

    1. yonchrr
      yonchrr
      Hónapja

      Too bad noone cares what you think mexican

    2. HansGruber
      HansGruber
      Hónapja

      He's low key, polite, never gets excited or angry when challenged, just presents his thesis in a calm, stated manner with data. And he's usually right. The guy is money

  100. Lucas Alshouse
    Lucas Alshouse
    Hónapja

    SPY 420$ on 04/20