TOM LEE: Newton’s law of motion is saying ‘buy stocks’
|09/18/2016||Posted by BusinessMediaguide.Com under General World News||
You can find Newton’s law of motion in the US stock market around this time of year, and that’s a reason to buy stocks.
In a client note on Friday, Fundstrat’s Tom Lee wrote that when the S&P 500 is up year-to-date by mid-September, it tends to stay strong into the end of the year.
Lee is likely referencing the first of Newton’s three laws, which states that an object in motion will tend to keep going unless an unbalanced force disrupts it.
Lee examined how stocks performed from September 15 onwards every year since 1940. He found that when stocks read more >>>