Sunday, 11 June 2023

A new bull market in stocks? Thank the VIX, says Fundstrat’s Tom Lee

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The S&P 500 index exited a bear market on Thursday, while a closely watched gauge of stock-market volatility dropped to a more-than-three-year low. Those two things are related, says Fundstrat Global Advisors founder Tom Lee.

Oracle is scheduled to report on Monday, June 12. Its stock hit a fresh record high on Thursday.

Citi analysts hiked the price target by $20 to $106 per share but remain Neutral-rated.






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