Tom Essaye Interviewed with Bloomberg’s Daybreak Asia on April 22, 2019
Tom Essaye joined Doug Krizner and David Ingles on Daybreak Asia to discuss markets, inflation, Fed and more. Click here to listen to the entire interview.
Tyler Richey Quoted in Bloomberg on April 22, 2019
“It’s been made clear that Trump is very serious about enforcement of the sanctions,” said said Tyler Richey, co-editor at Sevens Report Research in Palm Beach Gardens, Florida. “The question is how much will their exports fall versus how much and how quickly can Saudi Arabia and other…Click here to read the full article.
Tyler Richey Quoted in MarketWatch on April 19, 2019
Tyler Richey Quoted in MarketWatch on April 19, 2019. The $33 billion deal “refocused the energy markets on the U.S. shale industry…and Russia took notice as the nation’s finance minister…” Click here to read the full article.
Tyler Richey Quoted in Barron’s on April 18, 2019
Tyler Richey Quoted in Barron’s on April 18, 2019. The $33 billion deal “refocused the energy markets on the U.S. shale industry…and Russia took notice as the nation’s finance minister…” Click here to read the full article.
Tyler Richey Quoted in Bloomberg on on April 12, 2019
“There’s not many people who are willing to short this market. We could be near a market top…” Tyler Richey quoted in Bloomberg. Click here to read the full article.
Tom Essaye Quoted in Fin24 on April 22, 2019
“It’s going to take something else to push the S&P 500 to new all-time highs. That was the main takeaway from last week…”
Tom Essaye Quoted in Bloomberg on April 21, 2019
What would it take the push the market to new all-time highs? Tom Essaye quoted on Bloomberg to share his view on the market, U.S. – China trade, Fed and more. Read the full article here.
Why Average Inflation Matters
What’s in Today’s Report:
- Why Average Inflation Matters to You
Stock futures are slightly lower this morning after a quiet night of news. There were no economic releases overnight leaving investor focus primarily on earnings.
Oil is notably hitting fresh 2019 highs this morning which should continue to drive outperformance in the energy sector today.
Looking to the calendar for today, there is one economic report due out of Europe: Eurozone Consumer Confidence Flash (E: -6.9) and two reports on the U.S. housing market: FHFA House Price Index (E: 0.4%) and New Home Sales (E: 645K). There are no Fed speakers today.
Additionally, price action in stocks has been especially sensitive to the bond market since the March Fed meeting and while volatility has eased in both markets, there is a 2 Year Treasury Note Auction at 1:00 p.m. ET that could move markets.
Investors’ primary focus however will remain on earnings. Some notable releases today include: TWTR ($0.15), KO ($0.46), PG ($1.04), SNAP ($0.12), and EBAY ($0.63).
Tom Essaye Appeared on Yahoo Finance’s Ticker on April 22, 2019
What to make up of this earnings season? Tom Essaye shares his view on the market and more with Yahoo Finance’s Seana Smith. Watch the full clip here.
Time to Buy Puts?
What’s in Today’s Report:
- Time to Buy Puts?
- Weekly Market Preview (All About Earnings)
- Weekly Market Cheat Sheet (GDP Friday is the Key Report)
Futures are modestly lower thanks to higher oil and new concerns about the longevity of Chinese economic stimulus.
The South China Morning Post released an article saying Chinese officials will again focus on structural economic reforms, which means limited future economic stimulus.
Oil is 2% higher following reports the Trump administration will not renew any Iranian import wavers.
Today there is only one economic report, Existing Home Sales (E: 5.30M), and that won’t move markets.
So, the key to trading today will be earnings, and here are the reports we’re watching: HAL ($0.23), KMB ($1.54), WHR ($3.04).