Tom Essaye Quoted In Bloomberg

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Economic data has been almost perfectly Goldilocks

S&P 500 Closes Near Record as Tech Keeps Rallying: Markets Wrap

“Economic data has been almost perfectly Goldilocks since the government re-opened in late November and that needs to continue to help stocks weather rising AI skepticism,” according to Tom Essaye at The Sevens Report.

Also, click here to view the full article published in Bloomberg on February 8th, 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.

Can the Market Hold Up Despite Tech Weakness?

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What’s in Today’s Report:

  • Can the Market Hold Up Despite Tech Weakness?
  • Weekly Market Preview: Does Tech (and especially software) stabilize?
  • Weekly Economic Cheat Sheet: An Important Week for Growth and Inflation

Futures are modestly lower as markets digest Friday’s big rally following a generally quiet weekend of news.

Politically, Japan’s LDP party won a landslide victory, increasing stimulus expectations. But, positively, the yen and Japanese government bonds are stable as the results largely met expectations.

There were no notable economic reports overnight.

This week is a busy and important one from an economic data standpoint but it starts quietly, as there are no notable economic reports today.

So, focus will be on the tech sector and if it can extend Friday’s rebound (the SaaS names like WDAY, CRM, NOW, remain the key to tech stabilizing in the near term).

On the Fed front, there are two speakers today, Bostic (10:50 a.m. ET) and Waller (3:15 p.m. ET) and some earnings (CLF ($-0.62), APO ($1.91), ON ($0.62)) but barring any surprises, they shouldn’t move markets.

 

Making Sense of Liquidity, Volatility and the S&P 500

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What’s in Today’s Report:

  • Making Sense of Liquidity, Volatility and the S&P 500

Futures are moderately higher as markets try to bounce following a decent night of earnings.

AMZN (down –7% pre-market) earnings underwhelmed but most of the other reports overnight were solid, prompting traders to buy the dip overnight.

Economically, German Industrial Production missed estimates, falling –1.9% vs. (E) -0.3%.

The jobs report scheduled today has been delayed till Wednesday thanks to the government shutdown, so the economic calendar today only contains Consumer Sentiment (E: 55.5), Consumer Credit (E: $8.4B) and one Fed speaker, Jefferson (12:00 p.m. ET).  Barring any major surprises, none of those events should move markets.

So, the performance of tech is likely to determine if this early bounce in the broader market can hold.  If tech stocks (especially software stocks) can hold early gains and add to them, then we could see a solid bounce across markets.  However, if they roll over shortly after the open, brace for another potentially ugly day.

 

Why Tech Declined Again

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What’s in Today’s Report:

  • Why Tech Declined Again
  • New and Notable ETFs

Futures are little changed despite more mixed tech earnings.

GOOGL reported solid results but slightly underwhelming guidance while QCOM outright disappointed and both stocks are lower as tech sentiment remains uncertain.

Today the calendar is busy with a Bank of England Rate Decision (E: No Change) and ECB Rate Decision (E: No Change) before the open.

Economically, we have two labor reports via Jobless Claims (E: 212K) and JOLTS (E: 7.25M) and they key here is stability (meaning no substantial deterioration).  There is also one Fed speaker, Bostic (10:50 a.m. ET), but he shouldn’t move markets.

Finally, earnings season continues and the key report today is AMZN ($1.98) and the market could really use a strong report this afternoon.  Other notable reports include: COP ($1.08), BMY ($1.15), CMI ($5.20), CI ($7.87),   RBLX ($-0.49).

 

Tom Essaye Discusses SpaceX and xAI Merger With Yahoo Finance

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Tom Essaye Discusses SpaceX and xAI Merger With Yahoo Finance

Why a SpaceX, xAI deal ‘makes sense’

Tesla (TSLA) CEO Elon Musk is in talks to combine SpaceX (SPAX.PVT) with xAI (XAAI.PVT), according to reports. Yahoo Finance Senior Reporter Ines Ferré weighs in on the reporting, while Sevens Report Research founder Tom Essaye explains why he thinks a deal “makes sense.”

Also, click here to view the full video published on Yahoo Finance on February 2nd, 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.

Is AI Enthusiasm Starting to Wane?

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What’s in Today’s Report:

  • Is AI Enthusiasm Starting to Wane?

U.S. futures are modestly higher as traders digest yesterday’s heavy selloff in tech/software names while Chinese economic data topped expectations overnight.

Economically, China’s January Services PMI firmed to 52.3 vs. (E) 51.5 from 52.0 in December.

There are multiple economic reports due out this morning including the ADP Employment Report (E: 45K), Final January Composite PMI (E: 52.8), and ISM Services PMI (E: 53.8). As has been the case recently, the stronger the data the better for stocks.

Additionally, there are two Fed officials scheduled to speak today: Barkin (12:00 p.m. ET) and Cook (6:30 p.m. ET), and while markets have been waiting for commentary out of Warsh, any dovish-leaning comments should be supportive of risk assets.

Finally, earnings season continues with UBER ($0.79), LLY ($6.99), ABBV ($2.66), GOOG ($2.58), ARM ($0.21), QCOM ($2.80), and MCK ($9.31) all due to release Q4 results today.

 

Sevens Report: Gold and Silver Drop After Unsustainable Parabolic Run

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Tom Essaye says last month’s precious-metals surge broke under its own weight.

Gold, silver losses ease after ‘disturbing’ safe haven sell-off

Gold and silver prices stabilized Monday after a violent selloff that reversed a parabolic rally and caught many investors off guard. According to Sevens Report Research founder Tom Essaye, the breakdown was inevitable given how stretched prices had become.

Essaye said the speed and magnitude of last week’s gains left the precious metals market vulnerable to a sharp correction. Once selling began, momentum flipped quickly as traders recognized that the recent advance was detached from sustainable fundamentals.

While the move was dramatic, Sevens views it as a technical reset rather than a signal that the broader bullish case for precious metals is broken. The firm has consistently cautioned that steep, momentum-driven rallies often end abruptly once confidence cracks, especially in crowded trades.

From here, price stability and consolidation will be key in determining whether gold and silver can rebuild upside momentum or remain vulnerable to additional volatility.

Also, click here to view the full article published in Yahoo Finance on February 2nd, 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 Interviewed on Yahoo Finance

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Tom Essaye interviewed on Yahoo Finance

Gold prices plunge: ‘The dam broke’ amid Trump’s Fed announcement

Gold prices (GC=F) have been plunging as the precious metal kicks off the first trading week of February below $4,800 per ounce. Currently, silver (SI=F) hovers above $81.

Sevens Report Research founder Tom Essaye and Yahoo Finance Senior Reporter Ines Ferré comment on the recent bout of volatility working its way through precious metals commodities.

Also, click here to view the full article published in Yahoo Finance on February 2nd, 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 Joins Yahoo Finance To Discuss New CEOs

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Tom Essaye joins Yahoo Finance to discuss new CEOs

New CEOs at Walmart & Target: Furner wins as Fiddelke rebuilds

John Furner has taken over as Walmart’s (WMT) new CEO, and the company continues to outperform. Meanwhile, Target’s (TGT) new CEO Michael Fiddelke is still betting on innovation to spark a turnaround.

Yahoo Finance Senior Reporter Brooke DiPalma and Sevens Report Research founder Tom Essaye sit down with Opening Bid host Brian Sozzi to discuss.

Also, click here to view the full video published on Yahoo Finance on February 2nd, 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.

An Easy Way to Monitor Concerns About AI ROI

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What’s in Today’s Report:

  • An Easy Way to Monitor Concerns About AI ROI
  • ISM Manufacturing PMI Takeaways

Futures are trading higher with tech leading after PLTR and Samsung both posted very strong Q4 earnings results while a stabilizing precious metals market and optimism Congress will pass a spending bill are bolstering sentiment.

Economically, French CPI fell to +0.3% Y/Y in January vs. (E) +0.7%, down from +0.8% in December which is easing concerns about higher-for-longer central bank policy rates.

Today, there was one important economic report due to be released: JOLTS (E: 7.245 million) but it will be delayed due to the government shutdown.

The only other potential macro catalysts are a 6-Week Treasury Bill auction at 11:30 a.m. ET and the Fed’s Barkin scheduled to speak before the open (8:00 a.m. ET) however, neither will likely move markets meaningfully with focus on the spending bill in Congress/government shutdown.

Finally, earnings season continues with quarterly reports due from PYPL ($1.29), PEP ($2.24), MRK ($2.03), AMGN ($4.75),  AMD ($1.11), and SMCI ($0.41) today.