Here Are Four Signs the Stock Market Has Bottomed, According to Fundstrat’s Tom Lee

Fundstrat’s head of research Tom Lee says there are four big signs backing up the idea that the stock market is in the midst of a bullish reversal.

In a new video update on Fundstrat’s YouTube channel, Lee starts off by noting that on April 24th, a Zweig breadth thrust was triggered on the S&P 500 index.

The Zweig breadth thrust is an indicator that attempts to detect the early stages of a potential bull run by dividing the 10-day moving average of the number of advancing stocks by the total number of stocks.

Lee says that the Zweig breadth thrust has nearly always signaled imminent stock market rallies.

“That has happened 11 times since 1978 and notably, one month, six months and 12 months

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