Wednesday sell-off disappointing, but stocks "in a better place" vs 4/7-4/8. Thus, notion of structural low still intact.

NO VIDEO TODAY: I am on a flight today so unable to record a video

The S&P 500 had a rough session Wednesday, falling -2.2% and the Nasdaq 100 falling an even greater -3%. In this post-Liberation day environment, "headlines" not fundamental developments drive market moves, and we discuss the prominent headwinds below (NVDA charge-off and Powell statements). Our overall takeaway is that this pullback is disappointing (but not surprising) and markets are in a much better place Wednesday co...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in

More from the author

Disclosures (show)

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Events

Trending tickers in our research

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In