Entries by Tom Essaye

Time to Chase Stocks? Not So Fast

Money flows were risk-on overnight thanks to continued trade-war optimism, Trump said he would push back the March 1st tariff deadline, Economic data out overnight was less optimistic, the major focus of the market right now however remains the trade negotiations in Beijing and stocks will be most sensitive to any material headlines regarding the ongoing talks and more.

Is a Fed “Pause” Actually Good for Stocks?

Is a Fed “Pause” actually good for stocks?, futures are decidedly higher after Congress reached a deal to avert another government shutdown, today, there is one economic report: December JOLTS (E: 6.950M) and several Fed speakers to watch: Powell (12:45 p.m. ET), George (5:30 p.m. ET), and Mester (6:30 p.m. ET) and more.

Weekly Market Preview

What stocks fell late last week (it wasn’t China), weekly market preview, weekly Economic Cheat Sheet (important reports this week), futures and global markets are moderately higher following positive reports on U.S./China trade and the potential for economic stimulus in the EU and more.

Why The Reserve Bank of India Matters to You

U.S./China trade update – nothing has changed (and that’s good), why the Reserve Bank of India matters to you (and your clients), futures are modestly lower on momentum from Thursday’s declines following mixed economic data overnight and more.

Sectors to Buy If This is A ’15/’16 Repeat

Sectors to buy if this is a ’15/’16 repeat, why are global central banks turning dovish? (and is it a good thing?), what’s next for oil, futures are moderately weaker as concerns about global growth rise following more weak EU economic data and more.

Repeat of 2015/2016?

Repeat of 2015/2016, futures are slightly lower as Trump’s SOTU was a non-event for markets, looking ahead to today’s Wall Street session we are likely to see more digestion as there are limited catalysts and more.

An Old Wall Street Indicator

Why an “Old Wall Street Indicator” isn’t so optimistic this year, Citi’s bullish call on copper, futures are trading higher with EU shares this morning earnings, today, there is one economic report to watch: ISM Non-Manufacturing Index (E: 57.1) and there are no Fed officials scheduled to speak and more.

What’s Next for Markets

Why we still think stocks are in a trading range (and we’re near the top), two indicators that would make us more bullish on stocks, weekly market preview, weekly economic cheat sheet and more.

U.S./China Trade Update

U.S./China trade update (what’s expected now and what it means for markets), futures are slightly lower as disappointing economic data offset U.S./China trade optimism, today focus will be on the jobs report but the ultra-dovish Fed has taken some of the impact away from this report and more.

Was the Fed A Bullish Gamechanger?

Fed Takeaways – Was it a bullish gamechanger? (not yet), jobs report preview, EIA/Oil market analysis, Futures are slightly higher, Chinese January Manufacturing PMI beat estimates and more.