Tom Lee: Small Caps will rip 40% in 2 Months, IWM Sees $300
$iShares Russell 2000 ETF(IWM)$ Time for #3?
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Tom Lee watching $iShares Russell 2000 ETF(IWM)$: Small Caps can rip 40% in the next 10 weeks.
On July 23rd’s morning on CNBC, Tom Lee @fundstrat said small caps could rally 40% by the end of summer taking $iShares Russell 2000 ETF(IWM)$ to $300 in just under 2 months!
He’s got an unusual track record with his predictions over the past 2-3 yrs and if this one plays out, it basically means the top for Mag 7 is in for some time..
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