I recently watched an interview with Tom Lee on CNBC from April 9th that caught my attention. The analyst was discussing something interesting about how the market has reacted to the escalation of tensions between the United States and Iran and the rise in oil prices.

The curious thing is that all of this has not caused a significant drop in the stock markets. In fact, Tom Lee points out that this demonstrates quite solid market resilience. Basically, the negative risks had already been priced in for some time.

Now, what I found most interesting was his historical perspective. Tom Lee mentions that data shows a clear pattern: stocks typically hit bottom in the early phases of a conflict, not when it ends. This is a point that many traders tend to overlook.

Regarding the numbers, Tom Lee observes that 70% of the components of the S&P 500 have already gone through significant adjustments. The selling pressure has been exhausted, positions have been reset. This suggests that the worst may be behind the market.

As for where he sees opportunities, Tom Lee appears quite optimistic. Ethereum, the Mag 7 group, the tech sector in general, the industrial sector, and also mid- and small-cap stocks seem attractive in this context. It’s definitely a bullish outlook after all this volatility.