Tom Lee calling for a face-ripping rally after last week's max pain setup.
His read: hawkish Fed + spiking oil + rate pressure all hit at once. Classic kitchen sink moment.
But over the weekend? Oil cooled off. Rates started settling. Fed suddenly has breathing room to soften the tone.
And look — Tom's been bullish the whole way through. Still holding his $SPY 8,200 year-end target. Not many stuck to that conviction when things got messy.
Not saying he's right. But he's been consistent. And the setup he's describing? That's how reversals usually start.
His read: hawkish Fed + spiking oil + rate pressure all hit at once. Classic kitchen sink moment.
But over the weekend? Oil cooled off. Rates started settling. Fed suddenly has breathing room to soften the tone.
And look — Tom's been bullish the whole way through. Still holding his $SPY 8,200 year-end target. Not many stuck to that conviction when things got messy.
Not saying he's right. But he's been consistent. And the setup he's describing? That's how reversals usually start.