Fund analyst under Tom Lee: The rebound in US stocks will continue for another six to eight weeks, after which it will face resistance.

On January 9th, Tom Lee’s fund analyst Mark Newton released an email report stating that the S&P 500 index faces a “Choppy” 2026. Although the index’s year-end target could reach 7300, the market may experience a consolidation phase before reaching this goal, leading to a pullback starting from this spring. He predicts that the current rebound will last another six to eight weeks, after which the stock market will encounter resistance. “This is expected to be a year of consolidation and volatility. It is very likely to begin in late February or early March, at which point we will start to see some pressure on the stock market, and this pressure could last until the end of May. The main catalyst for this volatility is the recession in the tech industry. After an extraordinary three-year growth period, leading companies like Nvidia and Microsoft are showing signs of stagnation.” Notably, after the “internal disagreement within Tom Lee’s company” event at the end of last year, Tom Lee and his analysts have been highly unified at the start of this year, all agreeing that the market will face turbulence but remain optimistic about the overall trend.