Fundstrat’s Tom Lee Says November Stock Market Bull Run Incoming – Here Are His Targets
Fundstat’s Tom Lee is predicting sizeable gains for the S&P 500 in the last two months of the year.
In a new interview with CNBC, Lee says he believes the S&P 500 will gain 200-250 points in November and reach 7,500 by the end of the year, though he acknowledges equities might be choppy over the next couple of weeks.
“I think there is something the market is trying to figure out, which is: AI is consuming jobs, but that’s turning it into profits for corporates, so profits are expanding. And then profit margins have actually been going up in the middle of tariffs. So how are companies able to take 70% of the tariff hit, but margins are going up? So there must be a productivity boom somewhere.
And then we have $7 trillion in cash on the sidelines, but we have high rates, and so the Fed, I think, is trying to not overheat the economy. But we know… housing’s in big trouble, so I would say it makes sense, if inflation’s in a good place and jobs aren’t really strengthening, for cuts to happen, and that would be really dovish. So I think that sort of comes together before the end of the year.”
The S&P 500 is trading at 6,856.21 at time of writing.
The leading index is up 0.23% on Monday but down 0.6% in the past five days.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Update: Digitap's Practical Applications Put XRP's Delayed Ambitions to the Test
- Digitap ($TAP) raised $1.4M in November 2025, outpacing rivals like Bitcoin Hyper and Pepenode with an 80% early investor discount. - The project combines crypto and fiat banking via a live app, Visa cards, and deflationary tokenomics, positioning it as XRP's real-world competitor. - $TAP's fixed 2B token supply and transaction-burning model create scarcity, with analysts projecting 50x-70x price growth by late 2026. - Digitap's 124% APR staking rewards and privacy-focused features like offshore-shielded
Vitalik Buterin Unveils a Fresh ZK Perspective and What It Means for the Crypto Industry
- Vitalik Buterin's GKR protocol revolutionizes ZK scalability, slashing verification costs by 10-15x and enabling ZKsync's 15,000 TPS with near-zero fees. - ZKsync's 150% token surge and institutional adoption by Citibank highlight ZK's market potential, while Starknet and Immutable expand use cases in DeFi and gaming. - Despite progress, Ethereum's modexp bottleneck and regulatory scrutiny of privacy coins like Zcash underscore technical and compliance challenges for ZK's long-term viability.
Vitalik Buterin Backs ZKsync: Accelerating Ethereum Layer 2 Expansion and Driving DeFi Growth
- Vitalik Buterin endorsed ZKsync's Atlas upgrade, praising its transformative potential for Ethereum's scalability and DeFi. - The upgrade's unified liquidity framework enables real-time settlements and near-zero fees, attracting 30+ institutions like Citibank. - ZKsync's TVL lags behind competitors, but ZK token's 30x trading volume surge reflects investor confidence in its tokenomics overhaul. - Institutional adoption and Buterin's support highlight ZKsync's role in bridging DeFi and traditional finance
Stellar News Today: XLM Battles at $0.2705—Major Players and Sellers Face Off at Crucial Resistance
- Stellar's XLM token saw volatile trading on Nov. 7, with price consolidating near $0.2702 after hitting key resistance at $0.2777 amid surging institutional volume. - Coordinated institutional buying of 2.5M and 1.5M tokens reversed bearish momentum, defending $0.2663 support while confirming $0.2777 resistance through 45.09M-token volume spikes. - Market remains divided as XLM struggles to break above $0.2815, with analysts warning renewed selling pressure could accelerate declines below $0.2709 amid mi
Trending news
MoreCrypto prices
More
