The AI Craze Is A Modern Gold Rush
“The AI craze is a modern gold rush, and the tech ‘picks and shovels companies’ are seeing earnings explode as companies buy chips and cloud space to fuel the boom,” said Tom Essaye.
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This will be a potentially busy week of catalysts
This will be a potentially busy week of catalysts but it starts slowly today as there are no economic reports and just one Fed speaker, writes Sevens Report Research’s Tom Essaye.
Today focus will be on the ISM Manufacturing PMI
Today focus will be on the ISM Manufacturing PMI not just because of the headline reading, but also because of the price index,” writes Sevens Report Research’s Tom Essaye.
More Aggressive Rate Cuts Will Provide Temporary Relief…
“So, while more aggressive rate cuts will provide temporary relief, it won’t stop a decline in stocks because the economic benefit of rate cuts will take too long to hit the economy to prevent a slowdown.” Essaye said.
The market is mostly in a holding pattern to start the week
The market is mostly in a holding pattern to start the week, Sevens Report Research’s Tom Essaye told Barron’s in a phone interview.
U.S. Defense Contractors May Benefit From Depletion of Hardware and Munitions
f course, regardless of who wins the November election, U.S. defense contractors may benefit from the depletion of hardware and munitions resulting from U.S. and other NATO countries…
How might a second Trump term impact stocks?
Therefore, it’s worth asking: How might a second Trump term impact stocks? Tom Essaye, publisher of Sevens Report Research, recently shared his expectations…
“It doesn’t mean the economy’s rolling over”
“It doesn’t mean the economy’s rolling over,” he says. “But for a market that is priced for zero slowdown whatsoever, that is the risk that I think people need to watch.
This Relentless Rally Has Gone Far Beyond
If we look at the facts, I cannot help but feel as though this relentless rally has gone far beyond either…writes Sevens Report Founder and President Tom Essaye.
$57,691 Is The Next Key Resistance Level To Watch For Bitcoin
“There is a well-defined uptrend channel in place that leaves the path of least resistance higher,” said Tom Essaye, the founder of Sevens Report Research.