One measure suggests the stock market has bottomed based on roadmaps from 2008 and 2020
From Yahoo Finance: 2025-04-15 19:27:00
Stock trader Tom Lee from Fundstrat sees a buy signal flashing, indicating the stock market may have bottomed. The VIX, measuring stock volatility, is following patterns from past market recoveries. The S&P 500 briefly entered bear-market territory but rallied 10%, still down 12% from highs. The VIX closed below 31, signaling potential market lows and a new upward trend.
Treasury Secretary Scott Bessent suggests market uncertainty has peaked, supported by a decline in the VIX. Trump’s exemption of certain consumer goods from Chinese tariffs and comments on helping the auto sector adapt to tariffs signal a potential rollback. Lee advises investors to shift back to long-term investment strategies for possible significant upside in the market.
Read more at Yahoo Finance: One measure suggests the stock market has bottomed based on roadmaps from 2008 and 2020