These ‘panic events’ could soon spell relief for stock markets, says top strategist Thomas Lee

MarketWatch2021-05-12

Critical information for the U.S. trading day. The clock is ticking down to a big reading on U.S. inflation, a red-hot topic for markets. Ahead of that, stock futures are pointing south, but by a ...

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KingJo
·2021-05-21
No fear! Inflation up, stock drop, people lose money and inflation comes down, then stock recovers
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SquareGuy
·2021-05-19
Such an interesting article. We will see the spike soon , at least most likely.
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cheeyang
·2021-05-13
Like and comment
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1
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- cheeyang:
  test
  2021-05-13
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Sim1
·2021-05-12
Please like. Thanks.
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2
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Raymondteo
·2021-05-12
Like and comment
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- Sim1:
  DOne
  2021-05-12
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滚筒
·2021-05-12
When will we run out of dip buyers?
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CaseyChang
·2021-05-12
Like and comment please thanks ??
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- cookiemonstr:
  Commented and liked
  2021-05-12
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- Raymondteo:
  done
  2021-05-12
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- 滚筒:
  u help me, i help u~
  2021-05-12
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璇瑤
·2021-05-12
Panic
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- CaseyChang:
  Dont
  2021-05-12
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Blackrosez
·2021-05-12
I see
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canoboi
·2021-05-12
Like n comment. Thanks
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3
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- Raymondteo:
  done
  2021-05-12
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- CaseyChang:
  Comment
  2021-05-12
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- Keychain:
  Good
  2021-05-12
  Reply
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TomTam
·2021-05-12
Like and comment pls
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4
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- Jinyuan:
  done
  2021-05-12
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- Ljj96:
  Me too
  2021-05-12
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Minhoshuting
·2021-05-12
Ooo
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5
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Kelvin1122
·2021-05-12
mission
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Eileenz88
·2021-05-12
Like n comment pls ?
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- Keychain:
  Good
  2021-05-12
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LeoNeeK
·2021-05-12
Like n comment
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2
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- Eileenz88:
  ?
  2021-05-12
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Yoxin
·2021-05-12
Ok
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- Yoxin:
  Ok
  2021-05-12
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Elleysss
·2021-05-12
Vix is going higher. Market volatility is increasing.
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gogostocks
·2021-05-12
Buy!
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Ryanval2007
·2021-05-12
Think it's time to sell please like and share
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Tedam
·2021-05-12
Please like and comment :)
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- Eileenz88:
  ?
  2021-05-12
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- BuzzyBee3:
  Please help like and comment too
  2021-05-12
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Ahead of that, stock futures are pointing south, but by a ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-panic-events-could-soon-spell-relief-for-stock-markets-says-top-strategist-thomas-lee-11620818511\">Source Link</a>\n\n</div>\n","source":"lsy1603348471595","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These ‘panic events’ could soon spell relief for stock markets, says top strategist Thomas Lee</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese ‘panic events’ could soon spell relief for stock markets, says top strategist Thomas Lee\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 19:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-panic-events-could-soon-spell-relief-for-stock-markets-says-top-strategist-thomas-lee-11620818511><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Critical information for the U.S. trading day.\n\nThe clock is ticking down to a big reading on U.S. inflation, a red-hot topic for markets. Ahead of that, stock futures are pointing south, but by a ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-panic-events-could-soon-spell-relief-for-stock-markets-says-top-strategist-thomas-lee-11620818511\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.marketwatch.com/story/these-panic-events-could-soon-spell-relief-for-stock-markets-says-top-strategist-thomas-lee-11620818511","article_id":"1106026658","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106026658","pubTimestamp":1620820023,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"Critical information for the U.S. trading day.\n\nThe clock is ticking down to a big reading on U.S. i","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"translate_title":"首席策略师Thomas Lee说，这些“恐慌事件”可能很快就会给股市带来缓解","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9},"content_text":"Critical information for the U.S. trading day.\n\nThe clock is ticking down to a big reading on U.S. inflation, a red-hot topic for markets. Ahead of that, stock futures are pointing south, but by a less hefty amount than seen as of late.\nPerhaps helping out were the dip buyers who picked off beaten-down technology stocks on Tuesday, helping the Nasdaq erase a nearly 2% drop. The Dow Jones Industrial Average DJIA had its biggest one-day drop since the February rout.\nBut could the worst be over?\nProviding our call of the day, Fundstrat Global Advisors’ founder Thomas Lee zeroes in on a couple of “panic events” that he believes could signal market capitulation. That occurs when investors dump their holdings, often driven by a correction, leading to a potential bottom for stocks.\nIn a note to clients that published on Wednesday, Lee explained those events, starting with a 40% surge over two days for the Cboe Volatility Index, or the VIX VIX. Such action, he noted, has only been seen 20 times since 1990.\n\n\"Based on similar instances of VIX spikes since 1990, “unless we are entering a recession, the VIX spike is simply a panic/reset. And this washes out investor sentiment,” said Lee.\nHis data show that since 1990, the S&P 500 has experienced four bear-market instances and 16 bull-market instances when the VIX has seen a similar two-day surge. The median forward return in those bullish follow-ups has been 1.6%, 6% and 8.7% on a one, three and six-month basis.\nThe second “panic event” also happened on Tuesday, when the NYSE Tick index, which compares the number of stocks moving up versus down, collapsed to its worst reading since 1999, dropping 2,069 points, said Lee.\n\nHe said all nine other worst TICK readings took place during bull-market periods, with the exception of 2001, though he doesn’t think markets are repeating that year, given stocks were already in a downtrend two years before that.\nHere, he highlights (circled in blue) what happens after those low TICK readings:\n\nWhile many investors might view [Tuesday’s] plunge and the surge in the VIX as a negative sign, it might surprise you but these are actually bullish signals. Foremost, keep in mind that bull markets ‘ride an escalator, and fall down an elevator,’ meaning, in a bull market, stocks rise steadily and then plunge suddenly. Thus, a VIX surge and massive negative NYSE tick reading is positive,” said Lee.\nIf a capitulation is en route, he said, investors should rotate out of tech and into so-called “epicenter recommended areas,” referring to economically sensitive companies.\nHere are 10 from his list of dozens such stocks: Advance Auto Parts AAP, motorcycle maker Harley-Davidson HOG, Wyndham Hotels WH, Prosperity Bancshares PB, Bank of New York Mellon BK, amusement-park company Six Flags SIX, energy companies Exxon Mobil XOM and GE GE, airline JetBlue JBLU and department store Kohl’s KSS.\nInflation day and ether surges\nEconomists expect consumer prices, due ahead of the open, to climb in April for the 11th straight month, and the annual rate could reach above 3.5% for the first time since 2011. Ahead of those data, U.S. stock futures ES00 YM00 NQ00 are pointing south. Selling in Asia sent Taiwan’s TAIEX TW:Y9999 down more than 8% at one point, while European stocks XX:SXXP have rebounded after the worst session of the year.\nDays after a cyberattack, the Colonial Pipeline fuel outage continues to cause misery for U.S. drivers. The U.S. Energy Department says it is trying to help:\n\nDigital currency ether ETHUSD has resumed its run higher after a brief pullback, with most digital currencies moving up. As some on Twitter TWTR are pointing out, the market cap of the cryptocurrency that runs on the ethereum blockchain is now bigger than that of JPMorgan JPM. And while meme cryptocurrency Dogecoin DOGEUSD is down, one Goldman Sachs GS worker reportedly made enough to quit his job.\n\nDespite poor results in western trials, China’s Sinovac COVID-19 vaccine has eliminated the coronavirus that causes the disease among more than 25,000 Indonesian health workers.\nThere has been no let up in the attacks on the Gaza Strip, which is turning into the worst outbreak of violence since 2014.\nRep. Liz Cheney warned former President Donald Trump and his Republican supporters are trying to “undermine our democracy,” ahead of a vote that may strip her of a leadership post.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":130700805,"gmtCreate":1621563581107,"gmtModify":1704359724439,"author":{"id":"3559556416091691","authorId":"3559556416091691","name":"KingJo","avatar":"https://static.tigerbbs.com/b0c610addd66a5842a11cbf8ce38b5f0","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":1,"idStr":"3559556416091691","authorIdStr":"3559556416091691"},"htmlText":"No fear! Inflation up, stock drop, people lose money and inflation comes down, then stock recovers&nbsp;","listText":"No fear! Inflation up, stock drop, people lose money and inflation comes down, then stock recovers&nbsp;","text":"No fear! Inflation up, stock drop, people lose money and inflation comes down, then stock recovers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130700805","repostId":1106026658,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":194692737,"gmtCreate":1621373387429,"gmtModify":1704356452183,"author":{"id":"3561259559295872","authorId":"3561259559295872","name":"SquareGuy","avatar":"https://static.tigerbbs.com/c4aa86e9311a7ff0643a2e9f93645a8c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3561259559295872","authorIdStr":"3561259559295872"},"htmlText":"Such an interesting article.&nbsp; We will see the spike soon , at least most likely.","listText":"Such an interesting article.&nbsp; We will see the spike soon , at least most likely.","text":"Such an interesting article. We will see the spike soon , at least most likely.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194692737","repostId":1106026658,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191577673,"gmtCreate":1620895006892,"gmtModify":1704350039908,"author":{"id":"3580489378983205","authorId":"3580489378983205","name":"cheeyang","avatar":"https://static.tigerbbs.com/08fa982f605ab633c4bdab795e3394fc","vip":1,"hat":"https://static.tigerbbs.com/2b6219675842600ebb42baa43c645832","crmLevel":4,"crmLevelSwitch":1,"idStr":"3580489378983205","authorIdStr":"3580489378983205"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191577673","repostId":1106026658,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4312873,"gmtCreate":1620895206957,"gmtModify":1680788505739,"authorId":3580489378983205,"author":{"id":3580489378983205,"idStr":"3580489378983205","authorId":3580489378983205,"name":"cheeyang","avatar":"https://static.tigerbbs.com/08fa982f605ab633c4bdab795e3394fc","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.07%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191577673,"type":1,"supId":0,"prevId":0,"content":"<u>test</u>","text":"<u>test</u>","html":"<u>test</u>"}],"langContent":"EN"},{"id":191082798,"gmtCreate":1620828030214,"gmtModify":1704349015191,"author":{"id":"3573709257975993","authorId":"3573709257975993","name":"Sim1","avatar":"https://static.tigerbbs.com/45f90a5e23b6dc713a314a1c2365d6b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573709257975993","authorIdStr":"3573709257975993"},"htmlText":"Please like. Thanks.&nbsp;","listText":"Please like. Thanks.&nbsp;","text":"Please like. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191082798","repostId":1106026658,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191082849,"gmtCreate":1620828007981,"gmtModify":1704349011143,"author":{"id":"3555329560165073","authorId":"3555329560165073","name":"Raymondteo","avatar":"https://static.tigerbbs.com/45504858b97b8442132e14532730082d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555329560165073","authorIdStr":"3555329560165073"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191082849","repostId":1106026658,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4304059,"gmtCreate":1620828047937,"gmtModify":1680788340673,"authorId":3573709257975993,"author":{"id":3573709257975993,"idStr":"3573709257975993","authorId":3573709257975993,"name":"Sim1","avatar":"https://static.tigerbbs.com/45f90a5e23b6dc713a314a1c2365d6b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191082849,"type":1,"supId":0,"prevId":0,"content":"DOne","text":"DOne","html":"DOne"}],"langContent":"EN"},{"id":191086235,"gmtCreate":1620827979027,"gmtModify":1704349010336,"author":{"id":"3572057948118382","authorId":"3572057948118382","name":"滚筒","avatar":"https://static.tigerbbs.com/ff35c63639130db9306c87ac66c94640","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3572057948118382","authorIdStr":"3572057948118382"},"htmlText":"When will we run out of dip buyers?","listText":"When will we run out of dip buyers?","text":"When will we run out of dip buyers?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191086235","repostId":1106026658,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191088847,"gmtCreate":1620827926289,"gmtModify":1704349009039,"author":{"id":"3575725520070561","authorId":"3575725520070561","name":"CaseyChang","avatar":"https://static.tigerbbs.com/c9f6d1cea1883ee033d286947b55646b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575725520070561","authorIdStr":"3575725520070561"},"htmlText":"Like and comment please thanks ??&nbsp;","listText":"Like and comment please thanks ??&nbsp;","text":"Like and comment please thanks ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/191088847","repostId":1106026658,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4304032,"gmtCreate":1620827954702,"gmtModify":1680788342767,"authorId":3582026584233746,"author":{"id":3582026584233746,"idStr":"3582026584233746","authorId":3582026584233746,"name":"cookiemonstr","avatar":"https://static.tigerbbs.com/dfdda60d9914bdbf35bd08fe9ee92d34","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191088847,"type":1,"supId":0,"prevId":0,"content":"Commented and liked","text":"Commented and liked","html":"Commented and 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