Technical Update (Important Levels to Watch)
What’s in today’s report: Market technical update, have stocks fallen too far too fast?, Futures, the most important event of the day will be a speech by Fed Vice Chair Clarida at 12:00 p.m. ET and more…
Author Archive for: Tom Essaye
Entries by Tom Essaye
The Bond Market and the Fed
What’s in today’s report: Another message from the bond market for the Fed, European political issues, stock futures are trading solidly lower this morning as global bond yields continue to drop sharply and more…
Why Downside Risks Are Building in Stocks
What’s in today’s report: Why downside risks are building in stocks, weekly market preview, weekly economic cheat sheet, futures are modestly lower and more…
The Bond Market Is Screaming For a Rate Cut
What’s is today’s report: Why the bond market is screaming for a rate cut, Futures are bouncing modestly following some hopeful comments by President Trump on U.S.-China trade, Brexit entered a new phase and more…
A U.S.-China Tech War Too?
What’s in today’s report: Why the trade war is becoming a tech war, Brexit update, EIA and Oil update – bearish supply news, it’s an ugly morning as futures are down about one percent and more.
Economic Breaker Panel Update
What’s in today’s report: U.S. stock futures are flat as investors look ahead to today’s release of the FOMC Minutes, a NYT article released late yesterday revealed a modest escalation in the “tech war” as the U.S. will likely add several Chinese surveillance companies to the same “blacklist” that Huawei is on, Fed speakers on the calendar: Williams (10:00 a.m. ET), Bostic (10:10 a.m. ET), and Kaplan (10:15 a.m. ET) and more.
Trade Update: Good/Bad/Ugly
What’s in today’s report: Trade update, Futures are rebounding with EU markets from yesterday’s sharp, tech-led losses, focus will largely remain on the trade war and more…
Updated Market Outlook
What’s in today’s report: Updated market outlook, weekly market preview, weekly economic cheat sheet, futures, U.S.-China trade discussions suspended & more.
Tom Essaye Quoted in Markets Insider on May 15, 2019
Tom Essaye was quoted in Markets Insider on May 15, 2019. The red metal has been the “single-best leading indicator for stocks over the past 18 months,” and is flashing a warning sign for…”
Another Update From Dr. Copper (It’s Been Right)
What’s in today’s report: Another update from Dr. Copper, futures are modestly weaker following disappointing Chinese economic data, the key reports today (in order of importance) are: Retail Sales (E: 0.2%), Empire State Manufacturing Survey (E: 9.0), Industrial Production (E: 0.0%), Housing Market Index (E: 64). and more…