华尔街神算子”预警：市场“消化期”即将到来，美国中期选举之后有大行情

Odaily Planet Daily News, Fundstrat strategist Tom Lee said in an interview with CNBC that the current market is in a cycle that may be divided into three phases, with the second phase potentially seeing a bear market-like correction.

Lee has long been known for his bullish stance and has successfully predicted bull market trends multiple times over the past few years. However, this time, he believes the short-term market trend will not be smooth sailing.

As of early June, the S&P 500 index has risen nearly 11% year-to-date, despite challenges such as early-year skepticism about the prospects of artificial intelligence and inflationary pressures driven by the Iran war pushing up energy prices.

Lee pointed out that corporate earnings significantly exceeding expectations are a key factor driving the market higher. Previously, the market generally expected first-quarter earnings per share (EPS) to be around $70, but the actual figure was approximately $80.

He stated that if this trend continues, full-year EPS could increase by an additional $40, theoretically pushing the S&P 500 index up by 800 to 1,000 points.

According to Lee's judgment, the first phase still favors an upward trend. With the S&P 500 index currently slightly above 7,560 points as of June 3, 2026, he believes there is still short-term upside potential, potentially rising to around 7,700 points.

The second phase may arrive soon and become the market's "digestion period." In the CNBC interview, Lee said, "Between now and October, the market will need to digest multiple factors." He listed sources of pressure including policy uncertainty from the new Federal Reserve Chairman, energy shocks (particularly shortages of oil products and lubricants), and additional stock supply from IPOs and lockup expirations of companies like SpaceX, OpenAI, and Anthropic. (Jin Shi)