Tom Lee, the chairman of BitMine and professional optimist, declared that the stock market has officially hit rock bottom and is now ready for a glorious rally back to its all-time highs. Cue the confetti!
In an exclusive chat with CNBC, Lee graciously shared his latest insights, arguing that recent market movements and the slightly less chaotic state of world events are clear signs of an impending recovery. So, basically, we’re about to start moonwalking to prosperity.
War Resilience: Because Nothing Says ‘Recovery’ Like Global Conflict
Lee pointed to last week’s trading as the turning point. Stocks were stubbornly holding steady despite the intensifying war and surging oil prices. Now, if that’s not a classic “buy the dip” moment, I don’t know what is. Lee described this as “a good precondition” for a bounce back. And here we thought the good precondition was just a good night’s sleep.
“I think the bottom is in…because last week was a period where the war was getting worse and oil was going up, but stocks weren’t going down,” Lee said, as if the stock market were the cool kid at the party who just won’t let the drama ruin their vibe.
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Is the market bottom in? Here’s why @fundstrat’s Tom Lee thinks so:
– CNBC’s Closing Bell (@CNBCClosingBell) April 8, 2026
Thanks to de-escalating hostilities (and, let’s be honest, Lee’s borderline unshakable optimism), he believes “stocks are now in the process of going back to their all-time highs.” You know, the same highs that made everyone so giddy last time.
“I think maybe get to that 7300 that we were expecting this year,” Lee forecasted. But really, who’s counting?
Lee also reminded everyone that the market has already survived a series of bear attacks: energy and financials last year, and now the Mag-7 and software sectors this year. So, basically, 70% of the S&P 500 has already gone through a bear market boot camp. Don’t worry, they’re ready for whatever comes next-probably with a coffee in hand and a slight edge of paranoia.
This gives Lee confidence that any summer slowdown will be “shallow,” which sounds suspiciously like a motivational speech you’d hear at a self-help seminar. The market, he says, has already pulled back by 8%, so what’s a little more dip?
“I think there’s an inflation shock still coming. I think that the broadening is taking place. The narrowing is I think more investors are going to buy US because the US has proven its resilience in this wartime period. Plus, the US makes more money in a war. But the broadening is that more US stocks rise,” he added, as if all we need is a little more war and a lot more stock-buying. Who knew?
Meanwhile, BeInCrypto is over here like, “Yes, we know. Seasonality points to a favorable outlook for stocks.” They went ahead and did the math, and it turns out the MSCI World Index has delivered positive returns in April 75% of the time over the past 25 years. So there’s that. April is the new January.
Of course, the real stars here are US stocks, which make up about 70% of the index. The S&P 500 is flexing a 1.3% average gain in April since 1928-making it the second-best month of the year, just behind July, which obviously means the stock market’s party never ends.
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2026-04-09 12:47