No fomo please. Market gapped a lot and I’m not going to chase. We are touching some important resistances and I bet we get another chance to buy low into September.
Still plenty opened from lows so we enjoy the gains now.
BREAKING: 🇺🇸 S&P 500 just hit $70 TRILLION in total market cap for the first time in history.
500 companies are now worth more than double the entire US economy.
Tom Lee yesterday reiterated his $SPX 7,800 near term PT before we see a 10-15% drawdown then a moonshot to 8,000+ by eoy.
So far his ATH call, a few days late, but has been on point.