Tom Lee Says Current Pullback Could Be a "Coiled Spring" as Fear Rises While the AI Fundamental Story Remains...

Fundstrat's Tom Lee says the current pullback could be a "coiled spring," as fear is rising even as the fundamental AI story remains intact.
He sees an attractive risk-reward setup when markets get fearful but fundamentals hold.
Memory, semiconductors, neoclouds, tech broadly, and crypto have all pulled back toward support levels. If the underlying fundamentals remain intact, Lee thinks those areas are set up for a rebound.