Tom Lee: Market Has Digested Over 90% of Selling Pressure, Stocks Typically Bottom in Early Stages of War

AirdropBlackHole · 2026-04-01T03:51:18+00:00

Tom Lee believes the stock market has absorbed most of its selling pressure and may be near a bottom, especially during wartime. He notes that bad news can trigger risk aversion but anticipates a potential V-shaped rebound as sentiment improves. Lee also expresses confidence in the U.S. economy's resilience against high oil prices.

AirdropBlackHole

2026-04-01 03:51:18

Abstract generation in progress

On April 1, Tom Lee stated in an interview with CNBC: “I believe the market has absorbed 90% to 95% of the selling pressure, and the process of selling may have come to an end. We can start to build a bottom now. We must recognize that in a wartime environment, the stock market often bottoms out early. We have studied every war since 1900, and the stock market tends to hit its bottom within the first 10% of the war’s progression. So, if this follows the same pattern, we are currently in the early stages of that process. At this stage, any piece of bad news can trigger risk-off behavior. But you know, this is also why positioning is worth paying attention to, because at some point, when people become overly neutral, even if the situation isn’t that bad, the market could see a V-shaped rebound.” Tom Lee also added on social media that even if the “bottom” has not yet been reached, he believes the U.S. economy can withstand oil prices of $100, or even $120.

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