Valuation Support in the S&P (Updated)
What’s in today’s report: How intense was the selling yesterday? Valuation support and technical update: S&P 500, Stock futures enjoyed a “relief rally” overnight and more…
Author Archive for: Tom Essaye
Entries by Tom Essaye
Pullback – Why Stocks Are Down 2%
What’s in today’s report: Why stocks are down 2%, Weekly market preview, weekly economic cheat sheet, Futures are down more than 2% and more…
What Caused Stocks to Drop (And Recover?)
What’s in today’s report: Why stocks dropped and recovered yesterday, Yield curve update: Why is 10’s-2’s at a multi-month lows? Today the key number is the February Flash Manufacturing PMI and more…
How to Recognize a Blow Off Top
What’s in today’s report: How to recognize a blow off top, Don’t sleep on inflation, Futures are slightly lower, there are two notable economic reports and more…
Earnings Still Matter
What’s in today’s report: Earnings still matter, stock futures are higher, there are two economic reports to watch: Housing Starts (E: 1.420M) and PPI (E: 0.1%), and more…
What Outperforms If Stocks Trade With a 20X Multiple?
What’s in today’s report: What outperforms if stocks trade with a 20X multiple? Global equity markets are rallying, two Fed speakers ahead of the bell: Harker (8:30 a.m. ET) and Daly ( 9:00 a.m. ET) and more…
Commodities Update and Powell Preview
What’s in today’s report: Powell testimony preview, commodities bears and a gold bull, Stock futures and most international equity markets are higher and more..
How Far Are Investors Willing to Stretch?
What’s in today’s report: How far are investors willing to stretch? Weekly market preview, weekly economic cheat sheet, Futures are slightly higher and more…
Jobs Report Preview
What’s in today’s report: Jobs report preview, Why have stocks rallied? Global equities rallied overnight, OPEC+ has agreed to cut their collective oil output and more…
Market Multiple Update
What’s in today’s report: Market multiple table, U.S. stock futures and global equities are solidly higher this morning, three economic reports to watch and more…