Why Fundstrat’s Tom Lee says the ‘epicenter’ stock rally is still in its early days

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Tom Lee, Fundstrat Global Advisors

Scott Mlyn | CNBC

Tom Lee stated Tuesday he still sees loads of room for economically delicate shares to maintain rallying.

In an interview on CNBC’s “TechCheck,” the co-founder of Fundstrat Global Advisors stated his view is knowledgeable partly by current conversations he is had together with his agency’s purchasers after months of touting this group of so-called “epicenter” sectors.

“For the first time possibly since we have been recommending epicenter, final week, we received lastly some traders to check out these cyclicals,” Lee stated. “So I believe it is simply the door has lastly opened. We’re most likely in stage zero of stage 30.”

Fundstrat’s present basket of epicenter sectors consists of industrials, power and, most recently, financials, which simply changed supplies.



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