My Work Suggests More Downside Ahead

The market is bouncing around. My work does not confirm that a “shocking rally” is imminent.  With being said, the equity market is tactically oversold, and a bounce could happen at any moment.  Importantly, my earnings revisions indicators do not support the likelihood of a powerful and sustainable bounce at this time.  Thus, I am still viewing rallies as opportunities to sell into, raise hedges, or short once they show signs of failing.  

I don’t like to be t...

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
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