Key insights

• ⚡ Tom Le defies skeptics and predicts S&P 500 to end well above 5700
• 📈 Market near 5700, supported by strong fundamentals and cash on the sidelines
• 🚀 Stock market predicted to soar despite challenges, focus on long-term gains
• 💼 Tom Le takes responsibility for small caps prediction, believes in future gains
• ⚠️ Uncertainty and volatility due to Middle East conflicts, hurricanes, and elections
• 💰 Advice to buy stocks at a discount during market pullback
• ⏳ Long-term investment in S&P 500 recommended for positive returns
• 💡 Federal Reserve's actions create interesting setup for long-term investing

Q&A

• What is Tom Le's advice on long-term investing in the S&P 500?

  Tom emphasizes long-term investing in the S&P 500 as a winning strategy, particularly during economic downturns. He points out that top investors make minimal changes to their portfolio annually and stresses the potential for positive returns over 10 years or more, given the current economic setup and Federal Reserve's actions.

• How does the current market volatility create opportunities for investors?

  The current uncertainty and volatility in the market, influenced by factors such as Middle East conflicts, hurricanes, and elections, may present buying opportunities. Tom Le suggests buying stocks at a discount during market pullbacks, emphasizing the positivity derived from a decent economy, dovish fed, and a large amount of money on the sidelines.

• What does Tom Le say about small caps and high oil prices?

  Tom takes responsibility for a previous miscalculation on small caps but still believes in their potential for gains in the future, particularly in the new monetary policy environment. He also believes that high oil prices may not lead the economy into recession unless they reach extremely high levels.

• How does Tom Le address the uncertainty and volatility in the market?

  Tom acknowledges the uncertainty and turbulence in the market, especially as the election approaches. He advises investors to hold the line and focus on long-term gains amidst the short-term volatility. He also emphasizes the importance of staying the course and not being swayed by short-term fluctuations.

• What factors are supporting the S&P 500's strength near 5700?

  The S&P 500's strength near 5700 is supported by strong fundamentals and cash on the sidelines. Additionally, small caps show potential for long-term gains despite recent choppiness. However, uncertainty around the election and oil prices are noted as factors that could impact market dynamics.

• What is Tom Le's new prediction for the S&P 500?

  Tom Le defies skepticism and predicts the S&P 500 to end the year well above 5700, supported by strong fundamentals and cash on the sidelines. He also highlights the potential for small caps to gain in the long term, despite recent choppiness, and advises investors to focus on long-term gains amidst short-term volatility.

• 00:00 Tom Le made a bold new prediction on the S&P 500, defying previous skepticism. His past predictions have been mostly accurate, and despite earlier reluctance, he now forecasts the market to end the year well above 5700.
• 02:06 The S&P 500 is close to 5700 and may go higher, supported by strong fundamentals and cash on the sidelines. Small caps are showing potential for a multi-year gain despite recent choppiness. Uncertainty around the election and oil prices are factors to watch.
• 04:21 Stock market predicted to soar despite challenges; Hold the line and focus on long-term gains amidst short-term volatility. Uncertainty and turbulence expected to persist as election approaches.
• 06:36 Tom Le takes responsibility for a bad call on small caps but says they are still well positioned for gains in the future. He also believes that high oil prices won't push the economy into recession.
• 08:49 Uncertainty and volatility in the market due to Middle East conflicts, hurricanes, and elections. Smart investors are waiting for a pullback to buy stocks at a discount.
• 11:04 Long-term investing in the S&P 500 is a winning strategy, even during economic downturns. Tom Lee's advice is to stay the course and focus on long-term gains.