VIX dip sparks bet of a 7,400 S&P as Fundstrat flags three bullish signals
TL;DR Summary
Market-watch notes Fundstrat’s Tom Lee says three signs point to a stock bottom being in: a sharp VIX drop below 20, continued rally on less-bad news, and an improving sentiment despite geopolitical risk. He cites historical cases where VIX >30 preceded a >15% oil drop and a sub-20 VIX, which produced median six‑month gains around 9%, suggesting the S&P 500 could reach about 7,400 in coming months as the uptrend persists.
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