Announcement
Super Grannies and Market Update – June 30 Webinar Cancelled

Stocks Down 1% this Week; 62% Retrace Could be Key Level

For the past three weeks, equities faltered as a renewed set of concerns has undermined the generally positive narrative building a heightened sense of dread heading into critical election day (11/3). And given that stocks saw such prodigious gains since March, and especially August, is it any wonder why we are seeing some profit taking? At the same time, there are some certainties on future market performance, which I will discuss more below.

On the COVID-19 daily case data front, the seven-day ...

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)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

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

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

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