Tom Lee may have just given his most bullish predictions yet. | Credit: CCN. Key Takeaways Tom Lee sees Bitcoin breaking historical patterns. Ethereum’s upside hinges on its ratio to Bitcoin, he said. Lee’s bullish forecasts have fueled backlash from Peter Schiff. Fundstrat co-founder and Bitmine chairman Tom Lee has begun the new year with what may be his most bullish outlook yet, predicting that Bitcoin (BTC) could climb as high as $250,000 in 2026 and that Ethereum (ETH) could post similarly dr ...

Tom Lee, the head of research at Fundstrat Global Advisors and the CIO at Fundstrat Capital, has made some bold predictions for the S&P 500 in 2026.Lee Sees S&P 500 At 7,700 By 2026 EndDuring Monday’s appearance on CNBC’s “Squawk Box,” Lee forecasted a significant rise in the S&P 500. He reiterated his projection of the index to reach 7700 by the end of 2026, with a possible 15-20% correction in the latter half of the year.Lee acknowledged that the market’s performance in 2026 would be marked by “joy, depre ...

The market has also dropped below a short-term 50% level, making $4350.27 to $4381.44 resistance. The daily chart now suggests traders are aiming for the value area created by the intermediate 50% level at $4211.60 and the 50-day moving average at $4174.88. We expect to see buyers return on a test of this area.The 50-day MA is of particular importance because it is also our main trend indicator. It has been directing the market higher since mid-August. Breaking it with conviction could shift the narrative o ...

Equity benchmark indices Sensex and Nifty surged on Friday after four days of decline in tandem with a rally in global markets as a lower-than-expected US consumer price inflation data for November reinforced expectations of further interest rate cuts by the Federal Reserve.Photograph: Danish Siddiqui/ReutersFresh foreign fund inflows also drove the equity markets higher.The 30-share BSE Sensex jumped 447.55 points, or 0.53 per cent, to settle at 84,929.36.During the day, it surged 585.69 points, or 0.69 pe ...

Hong Kong stocks rose for a third day on Friday, sending the benchmark gauge to its longest winning streak in three weeks, after softer US inflation data bolstered the case for monetary easing and allayed concerns about frothy valuations of global equities. The Hang Seng Index advanced 0.8 per cent to 25,690.53 at the close, paring the weekly loss to 1.1 per cent. The Hang Seng Tech Index gained 1.1 per cent. On the mainland, the CSI 300 Index climbed 0.3 per cent and the Shanghai Composite Index added 0. ...

Gold traded near a record and platinum extended a breakneck rally that saw it surge close to $2,000 an ounce after softer-than-expected US inflation data. The core US consumer prices index unexpectedly rose at the slowest pace since early 2021, supporting bets that the Federal Reserve will cut interest rates further. The Fed delivered its third straight rate cut last week — a tailwind for precious metals, which don’t pay interest — but has been ambiguous about the pace of monetary easing into 2026. Trader ...

Gold rose, approaching record levels, as investors looked ahead to US inflation data and monitored escalating tensions in Venezuela. Silver climbed to a fresh peak, and platinum jumped to the highest since 2008. Bullion traded near $4,350 an ounce, recovering from a modest decline in the previous session that snapped a five-day winning streak. Inflation numbers due Thursday will be watched closely for clues on how the Federal Reserve’s appetite for further rate cuts might be impacted. Ahead of the release ...

Hungary kept its key interest rate unchanged as expected before the publication of the central bank’s new inflation projections, which investors will scrutinize for any sign of a pivot toward monetary easing https://t.co/WqnjloIIL0 ...

Bond traders are betting on a shallower path of Fed interest-rate cuts in the year ahead, part of a global move to wager that major central banks will slow or halt their monetary easing https://t.co/cQ9IRalmmd ...

Chinese onshore stocks are trailing their US peers again after a weak economy cut short an earlier rally, while monetary easing hopes revived optimism on Wall Street https://t.co/EG1qPz4xCF ...