Dow and S&P 500 end week at fresh record closes

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Tom Lee, Fundstrat co-founder, and David Zervos, Jefferies chief market strategist, joins 'Closing Bell Overtime' to talk the day's record market action.
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I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.

Vivienedouglass
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Fundamentals are strongly supportive.This market is strong, period

simpiwemaqwara
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Tom Lee still can’t believe there hasn’t been a pullback. I hope the stock market isn’t in a euphoria

stevemelton
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Yes. This is the strongest economy the government can buy

stevemelton
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When did Chum Lee start a new career?!? 😂😂

eyelovecolorado
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I'm betting my life saving on this market😊😊😊 There is no dips

mauriceMrGrind
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Tom sadly told us to be cautious 4 weeks ago.
He was wrong.

thisguy
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1:27 He was always bullish, but he urged caution ahead of the election, advising people to buy any dips that presented themselves. He wasn't being bearish, just wise.

ichoudhury
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Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate. I am under pressure to grow my reserve.

HodgeChris
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At this level of market who will dare to buy, atleast not the retailers. It seems like Some Money Machine is buying the market

MohHus-ro
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Tom Lee's hair shows a strong bullish signal !!!

Albertux
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I'm holding a cash position right now, i'm ready to take advantage of the market and invest around 500k in the crash. Whats the best stocks to dive into?

TannerHorvath
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Global Investors loading the EV and AI sector Dips in Oct. NKLA.. Nikola..19 dealership network...88 new zero emissions Semi tractors deliveries Q3...Rivn . Rivian.. Lcid.. Lucid..Xos Trucks 2 % Fri . EVGO 96 % month... SRFM 61 % mth..Plug 10 % Fri .. VHAI rising 19 % week.. Vocodia holdings and more.

gainer
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Trying to predict short term moves in the market is a fool’s errand. It moves on caprice and lunacy short term. Long term however, that’s a different story. My opinion, dollar cost average after doing your homework, and have diamond hands. Leave the day trading to the hedge funds.

Vix
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Seeing the Dow and S&P hit record closes feels risky with recession fears looming. I'm second-guessing my $130K investment strategy, should I pull back or stay the course?

auboisdaline
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The stock market is way overvalued.. so many people are gonna get really scared when it drops just as fast as it moved up.

staroftheshow
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Let it keep going bc it’s close to falling off a cliff. This market is a complete fraud. 🤷🏻‍♂️ look at car repossessions and dealer inventory. Match that up with job numbers revisions of 800k 😂

Joe-njpy
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Tom Lee's hair just keeps getting more and more bullish!

sapien
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All this enthusiasm looks VERY FAMILIAR???? May be THE time to

PC-cswp
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I love what you said about having a long term view so much. Being in the market, even if it's the S&P, demands a lot of patience. I'm not close to being a great investor, but having a long term view has definitely helped me profit significantly, more than 400% in the last five years.

BaozhaiDongmei