Tom Lee Tracker (Not actually Tom)

Daily updates on Tom Lee’s market insights/research, the Fundstrat GRNY ETF, and BMNR. | Not affiliated with Tom Lee, Fundstrat or BMNR.

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE AND BITMINE $BMNR JUST UPDATED THEIR ETHEREUM HOLDINGS

Here are the updated holdings:

- 6.07 million $ETH up from 6.06M on November 2nd
- 216 Bitcoin $BTC
- $475M cash
- $180M stake in Beast Industries
- $75M stake in Eightco $ORBS

Tom Lee and BMNR now own 4.97% of the total Ethereum supply, 99% of the way to their 5% target

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

🚨 TOM LEE ON A MARKET REVERSAL:

"The SOX relative to the S&P had one of the worst 9-day periods ever..."

"It's actually the worst in 24 years"

[WOLF Terminal @WOLF_Terminal]

🚨 TOM LEE (@fundstrat) SAYS THE MARKET HAS REACHED A TURNING POINT AFTER THE BIGGEST TECH MOMENTUM DRAWDOWN EVER:

"Take a look at this Morgan Stanley momentum index for tech and media. It's down 62% from its highs. It's the biggest drawdown ever, even worse than the dot-com"

The semis:

"The SOX relative to the S&P had one of the worst 9-day periods ever. It's actually the worst in 24 years"

"The underperformance of 1,400 basis points, you haven't really seen since the dot-com bust"

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

@WOLF_Terminal 😭

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE SAYS TOO MUCH LEVERAGE CAN WIPE OUT INVESTORS EVEN WHEN THEY PICK A 100X STOCK

@fundstrat shares one of the most important investing lessons he learned early in his career:

- Cisco $CSCO experienced multiple 50% crashes in 1997 and 1998, wiping out heavily leveraged investors
- Despite those crashes, Cisco eventually surged from $0.80 to $80, delivering a 100x return for investors who held on
- Borrowing too much can force investors to sell during corrections, even when their long-term investment thesis is right

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

🚨 FUNDSTRAT'S MARK NEWTON SAID:

"It's right to BUY THE DIP in technology"

[WOLF Terminal @WOLF_Terminal]

🚨 FUNDSTRAT HEAD OF TECHNICAL STRATEGY @MarkNewtonCMT ON WHY IT'S TIME TO BUY THE TECH DIP:

"Investors need to be prepared for these shifts in sectors. Arguably you need to be diversified"

"But right now, in my opinion, it's right to buy the dip in technology"

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE SAYS GOING LONG ETHEREUM $ETH IS THE BEST TRADE MOST INVESTORS ARE MISSING

@fundstrat believes Ethereum offers a unique opportunity to benefit from two major trends:

- Going long ETH is what Lee considers the easiest alpha opportunity, with the potential for a high Sharpe ratio
- Ethereum benefits from the AI revolution through its programmability, which can help prevent exploits
- Wall Street's move toward blockchain tokenization represents another major growth opportunity for Ethereum

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

🚨 TOM LEE:

"As long as the AI trade isn't extinguished, which we don't expect..."

"I think it's gonna come out of this correction, we've got a big rally into year end"

[WOLF Terminal @WOLF_Terminal]

🚨 TOM LEE (@fundstrat) ON WHY THE S&P 500 CAN HIT 8,200 BY YEAR END:

"I think the 4th quarter could be one of the biggest rallies, and I think it continues to next year to one of the biggest rallies of our lifetime"

He says tech will do the heavy lifting:

"I think we could easily be above 8,200 by the end of the year, and that's because tech is gonna be doing a lot of the heavy lifting. The Mag 7 are starting to come back to life"

And says the AI trade is still intact:

"As long as the AI trade isn't extinguished, which we don't expect, I think it's gonna come out of this correction, we've got a big rally into year end"

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE SAYS THE MARKET LIKELY BOTTOMED LAST WEEK AS STOCKS RALLY ON BAD NEWS

@fundstrat points to two encouraging signals suggesting the recent market selloff may be over:

- Despite negative headlines involving NVIDIA $NVDA and Texas taking action against Elon Musk's companies, the affected stocks are rallying
- The VIX term structure, which inverted last week, has now normalized, a signal that often accompanies market bottoms
- Markets rising despite bad news reinforce Lee's belief that last week's lows marked the bottom

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE SAYS THIS CRYPTO CYCLE WILL BE ABOUT ETHEREUM $ETH, SMART CONTRACTS, AND TOKENIZATION

@fundstrat believes rising AI cybersecurity risks will make blockchain technology increasingly important:

- AI is becoming increasingly capable of exploiting vulnerabilities in corporate databases and traditional cybersecurity systems

- Blockchain's transaction records, chain of custody, and smart contracts could help protect the financial system, with public blockchains offering greater censorship resistance

- Bitcoin $BTC will remain important, but Lee expects this cycle to focus on smart contracts and tokenization, with Ethereum as the leading platform

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

🚨 TOM LEE ON THE MARKET SELL-0FF:

"I think we're near the end stages of the sell-off, because it's become a consensus short to be shorting tech."

[WOLF Terminal @WOLF_Terminal]

🚨 TOM LEE (@fundstrat) ON WHY HE’D BUY THE TECH SELLOFF:

"I think we're near the end stages of the sell-off, because it's become a consensus short to be shorting tech."

On the AI spending debate:

"The mobile network build was about 25 trillion, and roadways are 25 trillion... I think AI is a more important infrastructure build arguably than mobile."

"I don't think there's too much money being thrown at AI today."

What’s changed:

"The Fed, quite hawkish, now it's flipping potentially dovish, and interest rates, which were touching 5%, people fearing 6%, are now back below 5%."

The remaining risks:

"Debt markets are kind of closed at the moment, and of course, the uncertainty about the war."

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

@WOLF_Terminal @fundstrat 👀

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE'S BITMINE $BMNR NOW HOLDS 4.97% OF ALL ETHEREUM $ETH

- Share of ETH supply: 4.97%
- Total ETH held: 6,070,092
- Current value: $13.56B at $2,234 per ETH

One company now owns 1 in every ~20 ETH in existence.

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE AND BITMINE $BMNR JUST UPDATED THEIR ETHEREUM HOLDINGS

Here are the updated holdings:

- 6.07 million $ETH up from 6.06M on November 2nd
- 216 Bitcoin $BTC
- $475M cash
- $180M stake in Beast Industries
- $75M stake in Eightco $ORBS

Tom Lee and BMNR now own 4.97% of the total Ethereum supply, 99% of the way to their 5% target

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

🚨 The banking system is about to become 24/7 right in front of our eyes

[WOLF Terminal @WOLF_Terminal]

🚨 $V VISA IS EXPANDING ITS STABLECOIN SETTLEMENT NETWORK TO RUN ON WEEKENDS AND HOLIDAYS

Banks close on Saturday. Stablecoins don't

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

@WOLF_Financial 🔥

[WOLF @WOLF_Financial]

Your Money After the Midterms: What a Democratic Congress Means for your Portfolio (ft. Adam Kovacevich) https://t.co/LWNt15wpD9

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE SAYS ETHEREUM $ETH WILL BECOME MONEY AND A STORE OF VALUE LIKE BITCOIN $BTC

@fundstrat believes tokenization could fundamentally change how investors view Ethereum:

- Bitcoin is primarily seen as a store of value, while Ethereum has been associated with the financialization of Wall Street
- Ethereum is increasingly becoming a collateral layer for transactions, giving investors a reason to hold ETH
- As Ethereum becomes the most widely used trading pair for tokenization, Lee expects a narrative shift toward ETH being viewed as money and a store of value

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

BEAR WEEKS, RED CANDLES, PANIC HEADLINES. TOM LEE AND BITMINE $BMNR ADDED ETHEREUM $ETH THROUGH ALL OF IT, EVERY SINGLE WEEK

Here's how much Ethereum they've added each time they've given an update:

11/9 - +9,587 ETH
11/2 - +8,573 ETH
10/26 - +10,452 ETH
10/19 - +12,535 ETH
10/12 - +12,532 ETH
10/5 - +15,112 ETH
9/28 - +17,362 ETH
9/21 - +27,562 ETH
9/14 - +27,180 ETH
9/8 - +28,086 ETH
8/31 - +53,501 ETH
8/24 - +32,447 ETH
8/17 - +9,926 ETH
8/10 - +7,425 ETH
8/3 - +10,399 ETH
7/27 - +9,946 ETH
7/20 - +7,430 ETH
7/13 - +27,801 ETH
7/6 - +42,197 ETH
6/29 - +27,084 ETH
6/22 - +52,207 ETH
6/15 - +76,877 ETH
6/8 - +126,971 ETH
6/1 - +26,497 ETH
5/26 - +111,942 ETH
5/18 - +71,672 ETH
5/11 - +26,659 ETH
5/4 - +101,745 ETH
4/27 - +101,901 ETH
4/20 - +101,627 ETH
4/13 - +71,524 ETH
4/6 - +71,252 ETH
3/30 - +71,179 ETH
3/23 - +65,341 ETH
3/16 - +60,999 ETH
3/9 - +60,976 ETH
3/2 - +50,928 ETH
2/23 - +51,162 ETH
2/17 - +45,759 ETH
2/9 - +40,613 ETH
2/2 - +41,787 ETH
1/26 - +40,302 ETH
1/20 - +35,268 ETH
1/12 - +24,266 ETH
1/5 - +32,977 ETH
12/29 - +44,463 ETH
12/22 - +98,852 ETH
12/15 - +102,259 ETH
12/8 - +138,452 ETH
11/30 - +96,798 ETH
11/24 - +69,822 ETH
11/17 - +54,156 ETH
11/10 - +110,301 ETH
11/3 - +82,353 ETH
10/27 - +77,055 ETH
10/20 - +203,826 ETH
10/13 - +202,037 ETH
10/6 - +179,251 ETH
9/29 - +234,846 ETH
9/22 - +264,378 ETH
9/15 - +82,233 ETH
9/8 - +202,469 ETH
9/2 - +153,075 ETH
8/25 - +190,526 ETH
8/18 - +373,110 ETH
8/11 - +317,126 ETH
8/4 - +208,137 ETH
7/28 - +58,224 ETH
7/24 - +266,119 ETH
7/17 - +137,515 ETH
7/14 - +163,142 ETH

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

TOM LEE AND BITMINE $BMNR JUST UPDATED THEIR ETHEREUM HOLDINGS

Here are the updated holdings:

- 6.07 million $ETH up from 6.06M on November 2nd
- 216 Bitcoin $BTC
- $475M cash
- $180M stake in Beast Industries
- $75M stake in Eightco $ORBS

Tom Lee and BMNR now own 4.97% of the total Ethereum supply, 99% of the way to their 5% target

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

$BMNR 🔥

[WOLF Terminal @WOLF_Terminal]

🚨 @FUNDSTRAT’S TOM LEE: "I THINK MARKETS ARE A LOT SAFER THAN PEOPLE THINK"

"We had a flurry of bad news over the weekend"

"It's now normalized today. That's usually a sign of a bottom"

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

@WOLF_Financial lets go

[Tom Lee Tracker (Not actually Tom) @TomLeeTracker]

CATHIE WOOD REVEALS WHERE SHE SEES OPPORTUNITY AFTER AN AI MARKET CRASH

She's LIVE NOW on WOLF Financial, discussing where investors should be looking next.

[WOLF @WOLF_Financial]

Cathie Wood: This Is Where Real Opportunity is After The AI Market Crash https://t.co/c07ybTxuPS

[WOLF Terminal @WOLF_Terminal]

🚨 TOM LEE (@fundstrat) ON PAST SELLOFFS THAT BOTTOMED WITHIN 3 DAYS:

"The longest it took to bottom was three days, and then it was a V-shaped symmetrical recovery with some six-month gains of over 20%."

On finding ways to build more data centers:

"You may be retrofitting empty industrial plants and office space to put in data centers. So I think there's gonna be ways for power and gigawatts to be constructed."

"I look at this as an opportunity for American businesses to use some ingenuity."