Tom Lee makes bullish case that 2019 will have a double digit year

Jenny Harrington, Gilman Hill Asset Management portfolio manager and CEO, and Tom Lee, Fundstrat Global Advisors head of research, join 'Fast Money Halftime Report' to discuss Lee's quarterly note and markets amid concerns of a global slowdown.

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[sruler]

Haha - Tom said stocks would be down in 2017, Bitcoin 25, 000 end of 2018 and now gives his 2019 view - run and hide

[mattranum]

I honestly think he is hired to make a case for what the opposite is going to happen

[kieki]

wasn't this guy the one that said bitcoin will be at $15k in december 2018?

[jgreenhaus]

this guy is literally always wrong...maybe the best contrarian indicator, better than cramer

[monkeyloven]

There is NO mistake in raising rates. The mistake was keeping rates too low for too long. Raise um!

[ChrisHuang]

Tom Lee still has his job? Amazing! What’s he saying now? Double digit rally? Ok. I will be preparing the same percentage of decline then.

[ShehaazSaif]

honestly, he is the most optimistic person on the internet. I love watching his interviews....After a tough day in the salt mines Tom Lee makes me happy

[tipoomaster]

Wasn't this the guy who predicted Bitcoin would hit $25, 000 by year end 2018, only to cut that prediction with a month and some change to go?

[AureliusStudios]

Didn't this guy lower BTC target from 25k to 15k in december? Now he's talking about "average" rally's after a decline since WW2? what a ridiculous argument.

[friedrichhayek]

tom lee is a brave bitcoin defendant, he probably did not read its sourcecode, if he he would be much more bullish

[drew]

Crazy predictions from Lee, e.g. Bitcoin to 25, 000 at end 2018, stocks down in 2017 & now double digit growth. They don’t invite Peter Schiff on as a balanced, contrarian view & yet have Lee on....

[jimbush]

He should stick to his Bitcoin predictions. I consider him the opposite indicator.

[gen-X-trader]

Need to be wearing a shirt that says "buy my bags" you guys may notice he has no real argument about Contracting GDP. Declining earnings and negative consumer sentiment. We haven't had a recession in ten years. Fed is still shrinking the balance sheet and the rest of the world is in downright trouble. I was a kid in 2001 and I remember CNBC hyping and giving out multiple upgrades on why all the dotcom stocks were such a good valuation. I remember 2009 and before we had the major fall they told everyone it was just a minor correction and at the bottom they promoted panic. 0/2 track record so far. Why would anyone think it would be different this time? Who knows, maybe some of the traders are aware but the network doesn't want them talking about it. Got me

[TraderTimmy]

Sorry. All of these people have no clue. I mean, one will be right. But when you say, oh this could happen or it might not, then you win either way. None of them will take a firm position. Not helpful.

[astro]

Goodness guy predicted $25, 000 bitcoin. Who’s

[conqueragingordietrying]

I'm all for using previous year's data to drive a hypothesis for how the market will fare in 2019, but there are lots of variables to consider. Simply relying on the #s isn't enough-who's the president, and what were the outstanding factors that were putting stress on the markets, etc. are also important to consider. If Trump is impeached, or a China trade deal falls through, the market may tank, despite what the previous years' data suggests.

[dave-wzbm]

When you see talking clowns on tv saying market will rally double digits it is time to sell!

[youcanthandlethetruth]

Why exactly does this guy have any credibility?

[Chriz]

What a joke. He is a good counter indicator though, because he is wrong 95% of the time

[Pigofwallstreet]

Another Jim Cramer, asian version tho.