Tom Lee: The market has already absorbed over 90% of the selling pressure, and stocks typically bottom out within the first 10% of the war progression.

MeNews · 2026-04-06T07:02:10+00:00

Tom Lee said in an interview with CNBC that the market has absorbed most of the selling pressure and may be entering a bottoming phase. He believes that stock markets typically bottom out early in a war, and the current bad news could trigger risk-off behavior, but the market could also experience a V-shaped rebound. He is confident that the U.S. economy can withstand oil prices of up to $120.

MeNews

2026-04-06 07:02:10

Abstract generation in progress

ME News message, April 1 (UTC+8). Tom Lee, in an interview with CNBC, said: “I think the market has already digested 90% to 95% of the selling pressure. The process of selling may already be over, and now we can start rebuilding a base again. I think we have to recognize that in a war environment, the stock market often bottoms out early. We’ve studied every war since 1900, and in each case, the stock market has bottomed out within the first 10% of the war’s progression. So if this time also follows that pattern, we are currently in the early stage of that process. At this stage, any bit of bad news will trigger people to de-risk. But you also know that’s why position sizing is worth paying attention to, because at some point, when people become too neutral, even if things aren’t that bad, the market could still see a round of a V-shaped rebound.” Tom Lee added on social media that even if the “bottom” hasn’t been reached yet, he believes the U.S. economy can withstand $100, even $120, oil. (Source: ChainCatcher)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.