Lark Davis
Lark Davis|Jul 06, 2026 03:39
Tom Lee dropped his 2026 market roadmap. Phase one is the easy part, running from now through late summer. The bull market stays intact, AI and growth stocks lead, and the S&P 500 targets 7,700 to 7,800. But Phase two hits in September and October, bringing a brutal autumn correction that will feel like a bear market. It is triggered by a massive tech supply shock when OpenAI and Anthropic IPO simultaneously, dropping new supply equal to 5% to 6% of the entire S&P 500 market cap all at once. Combined with energy risks and the Fed transition, it gets ugly fast. Finally, Phase three kicks in late 2026 with one of the strongest recovery periods in decades, as AI productivity drives the next major leg higher. Do you think he is right or wrong? Are you positioned for all three phases or just the first?(Lark Davis)
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