Fundstrat's Lee: Market Dip a Buying Opportunity, Peak Still Ahead
• Fundstrat's Tom Lee says recent market dip is not a concern and is a buying opportunity • Lee believes the market will peak when it sells off on good economic news rather than bad news • Too many investors are bearish right now, indicating there are still buyers to come in • There is record cash on the sidelines that could flood into stocks over time • Factors like low margin debt and cash on sidelines suggest market has yet to peak