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3 reasons why the stock market just bottomed and will rally into year-end, according to Fundstrat's Tom Lee

1 month ago   |   By Business Insider

Cindy Ord/Getty Images The stock market has bottomed and will rally into year-end, according to Fundstrat's Tom Lee. "Literally this is a textbook bottom, and a sign of capitulation," Lee said in a Wednesday note. There are the three signals that suggest to Lee the market has capitulated and is setup for a rally. The week-long decline in the stock market, sparked by fears of the new Omicron COVID-19 variant and a potential policy pivot from Fed Chairman Jerome Powell , is likely over, according to Fundstrat's Tom Lee. In a Wednesday note, Lee pointed to three factors that suggest the...
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