Earnings in those tech companies are really important
Earnings in those tech companies are really important: Sevens Report Editor, Tom Essaye, Quoted in Barron’s
Stocks Open Mixed Ahead of Fed Decision
“Bottom line, there are a lot of potential catalysts for markets today but the key to stocks stabilizing will be economic data that contradicts recent signs of stagflation emerging in the economy and a benign Fed day with an as-expected dovish announcement and no surprises from Chair Powell,” writes Sevens Report Research’s Tom Essaye. “Otherwise, we could easily see a test or breakdown through the April lows in the S&P 500 today.”
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