Thomas Lee’s Fundstrat sees ‘monstrous’ stock rally starting next week

Sectors of the stock market that got pummeled the most from the COVID-19 pandemic may be poised to break out soon as Fundstrat Global Advisors research team says the number of virus cases may have peaked.
The number of COVID-19 cases, which rose to 19M globally and 4.9M in the U.S. as of Friday, are declining on a seven-day rolling basis to a decrease of 15,492.
The Fundstrat team sees the stock market climb starting on Aug. 14, with the potential for a 30% runup for equity markets in the next…

Click here to view the original article.