Emerging markets may indeed be approaching an opportune moment
As per analysts at Sevens Report, emerging markets may indeed be approaching an opportune moment for investors to re-enter.
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As per analysts at Sevens Report, emerging markets may indeed be approaching an opportune moment for investors to re-enter.
Sevens Report’s Tom Essaye also sees technical indicators flashing red. The Relative Strength Index, or RSI, a momentum indicator used to identify overbought or oversold conditions…
Unless earnings are a major disappointment, I think the Fed will be a bigger influence over markets between now and year-end simply because earnings have been pretty consistent, said Tom Essaye, founder and president of Sevens Report Research.
“The port strike could disrupt the data, essentially creating a smoke screen for the Fed when trying to stick the soft landing,” wrote Essaye.
But futures contracts tied to the index are telling a different story, and it’s one worth paying attention to, according to Tom Essaye, founder of Sevens Report Research.
Tom Essaye quoted in this Bloomberg article discussing Electrification-Themed ETFs and their role in the AI ‘Gold Rush’.
Investing.com — The CBOE Volatility Index, or VIX, often referred to as the “fear gauge,” is showing signs of another potential spike in market volatility, according to the latest Sevens Report.
Rate-cut expectations played a major role in the stock market rebound off the early August pullback, said Tyler Richey, a co-editor with Sevens Report Research.
Tyler Richey of the Sevens Report highlights a market breadth concern: there are more stocks trading below their 200-day average than their 50-day average.
Without the threat of significant earnings reports or major economic releases, investors appear to be operating in an environment that is “1) easing Fed, 2) slowing but ‘OK’ economic data, and 3) generally solid earnings,” Sevens Report said in a recent note.
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