Video: Macro Minute: 7 reasons Technology works in a 'blue tsunami'

In this Macro Minute video, Tom Lee examines the stock market and technology sector set-up in the wake of a November 2026 midterm election “blue tsunami,” focusing on why technology and artificial intelligence (AI) remain central to his framework. He walks through seven key factors he is watching, including historical midterm election seasonality patterns, the behavior of oil prices and Treasury yields, and the recent correction in the Nasdaq versus the S&P 500. The discussion also touches on how different party control combinations in Washington have historically lined up with relative performance of technology stocks.

Lee then connects the post-election macro backdrop to credit and risk appetite indicators, looking at measures such as Goldman Sachs’ risk appetite index and credit default swaps (CDS) for CoreWeave, Oracle (ORCL) and mega-cap technology names. He discusses implications of perceived Federal Reserve independence for the bond market, outlines how a Democratic Congress has historically aligned with changes in government spending, and reviews how cryptocurrencies like Ethereum (ETH) have traded around the election and recent security news. The video concludes with a focus on where AI-related themes—semiconductors, memory, cloud infrastructure and power bottleneck plays—fit into his broader post-election market framework. Full analysis, charts and Lee’s detailed view are available to subscribers in the report and video.

meta_description”: “Tom Lee’s stock market outlook this week explores a blue tsunami election, tech and AI themes, Fed independence, credit risk, and crypto signals.”

seo_title”: “stock market outlook this week: tech, AI and blue wave – Tom Lee”

topics”: [

In this Macro Minute video, Tom Lee examines the stock market and technology sector set-up in the wake of a November 2026 midterm election “blue tsunami,” focusing on why technology and artificial intelligence (AI) remain central to his framework. He walks through seven key factors he is watching, including historical midterm election seasonality patterns, the behavior of oil prices and Treasury yields, and the recent correction in the Nasdaq versus the S&P 500. The discussion also touches on how different party control combinations in Washington have historically lined up with relative performance of technology stocks.

Lee then connects the post-election macro backdrop to credit and risk appetite indicators, looking at measures such as Goldman Sachs’ risk appetite index and credit default swaps (CDS) for CoreWeave, Oracle (ORCL) and mega-cap technology names. He discusses implications of perceived Federal Reserve independence for the bond market, outlines how a Democratic Congress has historically aligned with changes in government spending, and reviews how cryptocurrencies like Ethereum (ETH) have traded around the election and recent security news. The video concludes with a focus on where AI-related themes—semiconductors, memory, cloud infrastructure and power bottleneck plays—fit into his broader post-election market framework. Full analysis, charts and Lee’s detailed view are available to subscribers in the report and video.

meta_description”: “Tom Lee’s stock market outlook this week explores a blue tsunami election, tech and AI themes, Fed independence, credit risk, and crypto signals.”

seo_title”: “stock market outlook this week: tech, AI and blue wave – Tom Lee”

topics”: [

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