Tom Lee: Rising oil prices are actually bullish for U.S. stocks! Tech stocks remain steady, and a bottom may form this month. Tom Lee stated that tech stocks, including the software sector, have actually performed quite steadily during this round of sell-offs. He believes this makes sense and pointed out a counterintuitive logic: rising oil prices are actually good for the U.S. stock market because the U.S. is now a net oil exporter. When investors worry about global growth slowing due to high oil prices, they are more inclined to buy growth stocks, and the U.S. stock market is a prime example of a growth index, especially Mag7 and software companies. He also expressed optimism, stating that the stock market is likely to form a bottom this month.