S&P 500 will rally 7% in second half of 2021, but July will be 'choppy,' warns Fundstrat's Lee

MarketWatch2021-07-01

Lee's prediction would see the S&P 500 notch its best year since an over 28% gain in 2019 Will the second half of 2021 be a strong one for the S&P 500 DREW ANGERER/GETTY IMAGES Despite U.S. stocks ...

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精彩评论

ViKenZhu
2021-07-01
ViKenZhu
Good sharing
Showcase
2021-07-01
Showcase
Nice
YPT
2021-07-01
YPT
Just b watchful
- Acsw:
  [Smile]
derek90
2021-07-01
derek90
hi
Norman911
2021-07-01
Norman911
hi
- Norman911:
  hi
- Norman911:
  hi
derek90
2021-07-01
derek90
good

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That would bring the year-to-date gain for the S&P 500 to a rise of more than 22% and its best annual gain since a 29% rise in 2019, FactSet data show.\nFUNDSTRAT GLOBAL ADVISORS\nLee makes the case to stay \"constructive\" on stocks due to data showing that strong first half gains tend to be followed by further gains in the remaining six months of a year.\nThe Fundstrat analysts also said that economic growth was gaining steam, interest rates remain stable, the Federal Reserve remains relatively accommodative, and the White House is still working on fiscal stimulus proposals, among other reasons.\n\"There is a litany of reasons to stay constructive,\" Lee wrote.\nHowever, the analysts said that delta variant of COVID-19 and a choppier than expected July could derail his bull thesis.\nOn Wednesday , the S&P 500 was flirting with Lee's earlier 4,300 forecast, while the Dow Jones Industrial Average was up 0.6% and the Nasdaq Composite Index was struggling to gain traction 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