Veteran market strategist Tom Lee signaled that the US stock market may be approaching a pivotal turning point. He highlighted three sectors, including crypto, as potential leaders in the next market rally. Market Rotation and Crypto Set the Stage for Next Rally, Tom Lee Says Speaking on CNBC’s Closing Bell, Lee outlined a cautiously optimistic scenario in which the S&P 500 could climb toward 7,300 as risk-off positioning eases and earnings remain strong. “Stocks have taken some hits,” Lee said, pointing to a recent software downturn and a rotation out of the MAG 7 mega-cap tech stocks into AI-focused “bullet makers,” alongside broader risk-off moves into gold
source: https://beincrypto.com/tom-lee-sp500-crypto-bottom/