Wall Street wizard Tom Lee predicts a massive surge in August: 1. Solid earnings reports After months of sideways movement in June and July, corporate profits have been steadily accumulating. August could see a strong rebound, with the market potentially shooting straight to 7800 points! 2. Another -10% shakeout! Deleveraging impact—there’s still one more -10% correction coming before the end of the year, similar to a deep pullback in a bear market. 3. Unprecedented year-end rally past 8000 The U.S. stock market is set to break the historic 8000-point barrier by the end of the year!