Tom Essaye Quoted In The MoneyShow.com

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Oil: After Modest Pullback, Watch for These Trading Cues

Commodities were a push and pull between falling oil prices and rising precious and industrial metals near the end of last week. Looking forward, oil is still stretched enough in the short term that a more positive tone in the headlines could pressure prices moderately, suggests Tom Essaye, president of the Sevens Report.

Brent crude prices dropped modestly from their recent peak near $109 per barrel after Saudi Arabia announced a credible plan to restore roughly half the capacity of its damaged East-West pipeline within a few days. Full pipeline operations aren’t expected to resume for six weeks. But even the promise of partially restored capacity put downward pressure on crude prices.

If we can get even a whiff of progress on a US/Iran ceasefire, that opens up more transit through the Strait of Hormuz and the Bab el-Mandeb — and oil can really begin to slide back toward pre-war prices. That’s especially true given recent bearish inventory data.

We just saw more supply than expected across the product spectrum. WTI crude inventories fell less than expected (-650k bbls vs. the estimate of -1.68MM bbls), while gasoline inventories rose 800k bbls compared to an expected 1.1MM barrel draw.

For the market to get real relief, though – which means Brent crude into the low-$90s or, ideally, sub-$90 – we will need to get actual progress towards not just a US/Iran ceasefire, but also broader regional calm.

Also, click here to view the full article published in moneyshow.com on September 21st, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

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Focus Will Stay On Geopolitics | Tom Essaye

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Wall Street Highlights: Nasdaq 100 Climbs To Its First Record Since June

“Focus will stay on geopolitics, and if there’s any confirmation of progress towards a ceasefire between the US and Iran, look for oil and yields to fall further and for stocks to rally,” said Tom Essaye at The Sevens Report.

Also, click here to view the full article published in NDTV on September 23rd, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

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Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

Why Is Muse a Bullish Catalyst for Tech?

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What’s in Today’s Report:

  • Why Is Muse a Bullish Catalyst for Tech?
  • Understanding Why a Diesel Export Ban Won’t Work

Futures are lower as rising Treasury yields continue to pressure stocks, with Nasdaq futures down over 1%.

Oil prices are higher as renewed Middle East tensions raise concerns about a broader conflict.

Economically, the German Ifo Survey was net positive as Current Conditions came in at 89.9 vs. (E) 89.1.

Looking ahead to today’s session, there are two economic reports to watch: Jobless Claims (E: 204K) and New Home Sales (E: 615K). The Treasury will hold a 4- & 8-Week Bill auction at 11:30 a.m. ET and a 7-Yr Note auction at 1:00 p.m. ET.

Finally, there are several Fed speakers today including Barkin (8:00 a.m. ET), Hammack (8:50 a.m. ET), and Paulson (10:10 a.m. ET), while notable earnings include COST ($6.48), DRI ($2.06), SNX ($4.46), and BB ($0.03).

 

Q3 Quarterly Letter: How Are You Explaining This Quarter to Clients?

The Fed is raising rates again. The 10-year Treasury has crossed 5%. Oil is sitting around $100. War, inflation and geopolitical uncertainty are back in focus, while questions about AI and market valuations haven’t gone anywhere.

There is a lot to explain, and writing a thoughtful quarterly client letter from scratch can take hours.

Our Q3 Sevens Report Quarterly Letter comes out next week. We do the research and writing and deliver it to you as an editable Word document. Add your branding, change our language, insert your own views and send it through compliance.

We do the heavy lifting. You make it yours.

Learn More About Sevens Report Quarterly Letter

 

The Trend In Technology and Ai Stocks Appears Technically Strong

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Signals the AI Stock Rally Could Continue Into Year End

Tom Essaye at The Sevens Report highlighted opportunities within the Magnificent Seven, software, and chip maker names

“The trend in technology and Al stocks appears technically strong going into the fall,” Essaye said.

Also, click here to view the full article published in Barron’s on September 22nd, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

Tom Essaye Quoted in Barron’s on September 22nd

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Stock Futures Waver Near Flatline as Wall Street Craves Diplomacy

“Today focus will stay on geopolitics and if there’s any confirmation of progress towards a ceasefire between the U.S. and Iran, look for oil and yields to fall further and for stocks to rally,” Tom Essaye at The Sevens Report wrote.

Also, click here to view the full article published in Barron’s on September 22nd, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

These “Should Be Some of the Bigger Beneficiaries” of the Trade Truce

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What Wall Street can expect from this week’s Trump-Xi summit

Tom Essaye, founder and president of the Sevens Report, said his team expects generally vague language and details about deals between the two countries, but from a catalyst standpoint, they will be watching two specific areas: tariffs and AI.

“Multinational industrials (think XLI) and large consumer names (think XLY) should be some of the bigger beneficiaries from an extension of the trade truce, although I don’t think the moves will be substantial,” Essaye wrote in emailed commentary on Tuesday.

In terms of AI, while markets aren’t expecting any specific announcements, general agreements on monitoring, use and competition would be positive for the industry, and that clarity could provide an excuse for money to flow back into AI names such as the State Street Technology Select Sector SPDR ETF, the iShares Semiconductor ETF and the Roundhill Memory ETF, he added.

Also, click here to view the full article published in MarketWatch on September 22nd, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

Why Record High Diesel Prices Matter to Markets

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What’s in Today’s Report:

  • Why Record High Diesel Prices Matter to Markets

Futures are little changed following a generally quiet night of news as markets await actual confirmation of diplomatic progress between the U.S. and Iran.

Economically, the flash PMIs were mixed as the EU flash composite PMI was strong (53.1 vs. (E) 51.6) while the UK reading missed estimates (51.7 vs. (E) 52.2).

Today focus will remain first on geopolitics and to spur a further rally, we will need to see actual confirmation of diplomatic progress between the U.S. and Iran (likely a temporary reopening of Hormuz or ceasefire including the Houthis).

Outside of geopolitics, we get our first big economic reports of the month via the Flash Manufacturing PMI (E: 53.8) and Flash Services PMI (E: 56.0).  The key here is “Goldilocks” data that meets expectations but isn’t so strong that it argues for more rate hikes.  Speaking of rate hikes, we also have two Fed speakers today, Barr (10:05 a.m. ET) and Goolsbee (12:00 p.m. ET) and if they’re hawkish it should support yields.

 

What Would Make the UN and Trump/XI Meetings Bullish Catalysts?

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What’s in Today’s Report:

  • What Would Make the UN and Trump/XI Meetings Bullish Catalysts?

Futures are little changed despite a further drop in oil as markets await potential diplomatic progress in the Middle East.

Oil dropped another 2% overnight on a Kyodo news article that stated Iran offered to fully reopen Hormuz for seven days as a first step towards de-escalation, although that has not been confirmed by the U.S. or Iran.

Economically, the only notable number overnight was Eurozone Consumer Confidence and it slightly missed estimates (-16.8 vs. (E) -15.5).

Today focus will stay on geopolitics and if there’s any confirmation of progress towards a ceasefire between the U.S. and Iran, look for oil and yields to fall further and for stocks to rally.

Beyond geopolitics, there are no notable economic reports today but there are several Fed speakers, the most important of them being Williams at 10:05 a.m. ET.  If Williams is a bit dovish, that should help stocks rally.  Other Fed speakers today include Jefferson (10:20 a.m. ET) and Barkin (1:00 p.m. ET).

 

Instead We Got More Uncertainty – Tom Essaye Quoted on AOL.com

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Stocks are in recovery mode after the Fed’s first rate hike in years rattled markets

“Markets were hoping for clarity on rate hikes from the Fed on Wednesday, but instead we got more uncertainty — and that is the underlying reason why stocks (and bonds) dropped after Fed Chair Warsh’s press conference,” said Tom Essaye, the founder of Sevens Report Research, in a client note on Thursday.

Also, click here to view the full Business Insider article published on AOL.com on September 17th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

What Breaks the Market Stalemate? (Bullish/Bearish)

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What’s in Today’s Report:

  • What Breaks the Market Stalemate? (Bullish/Bearish)
  • Weekly Market Preview: Can We Break the High Oil/High Yields/Lower Stocks Cycle?
  • Weekly Economic Cheat Sheet: Sept. Flash PMIs are the Highlight

Futures are moderately higher on lower oil and lower yields as investors are optimistic this week’s U.N. General Assembly will yield some progress on a U.S./Iran ceasefire.

Geopolitical news over the weekend was actually negative as the Houthis continued to attack Saudi Arabia while the U.S. considered air strikes on the Houthis (which would have further escalated regional tensions).  But, the U.S. optimism is offsetting those negative headlines.

There were no notable economic reports overnight.

Today there is one economic report, Chicago Fed National Activity Index (E: -0.08), but barring a major surprise it shouldn’t move markets.  Instead, focus will remain on geopolitical headlines and any that confirm this optimism about the UN General Assembly yielding progress on a U.S./Iran ceasefire will push oil and yields lower and stocks higher.