Their comments shouldn’t move markets

/in , /by

Their comments shouldn’t move markets: Tom Essaye, editor of the Sevens Report Quoted in MarketWatch

It’s a busy day for Fedspeak — but there’s one official worth listening to

“However, unless Williams is hawkish, their comments shouldn’t move markets,” said Tom Essaye of The Sevens Report.

Also, click here to view the full article featured on MarketWatch published on May 6th, 2025. 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.

Still higher than some forecasts for 50% to 60%

/in , /by

Still higher than some forecasts for 50% to 60%: Tom Essaye, editor of Sevens Report Quoted in USA Today

US stocks end near flat as investors turn cautious, take profits ahead of China deal talks

An 80% tariff is down from a levy as high as 145% currently but still higher than some forecasts for 50% to 60%, according to Tom Essaye, founder and president of Sevens Research Report.

Also, click here to view the full article featured on USA Today published on May 9th, 2025. 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.

The Fed’s latest decision landed largely as expected

/in , /by

The Fed’s latest decision landed largely as expected: Sevens Report Analysts Quoted in Investing.com

What the Fed Decision Means for Markets

The Fed’s latest decision landed largely as expected, but the statement and Chair Powell’s press conference were “slightly more hawkish than expected,” according to Sevens Report analysts, as policymakers highlighted the dual risks of persistent inflation and rising unemployment.

Markets had been hoping for more focus on growth risks, which would have hinted at a sooner start to rate cuts. The Fed, however, “failed to elevate one risk over the other, again implying it’s in no hurry to cut rates.”

Still, the market’s rate cut outlook remains intact. “Neither the decision nor Powell’s press conference changed the outlook for three (or maybe four) rate cuts (although July is now the consensus first cut),” the report said.

Also, click here to view the full article featured on Investing.com published on May 8th, 2025. 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.

Crypto would be “well-positioned” for a test of its all-time high

/in , /by

Crypto would be “well-positioned” for a test of its all-time high: Tyler Richey, editor of Sevens Report Technicals Quoted in MarketWatch

Bitcoin rallies with stocks to top $100,000 again as exuberance returns to markets

The key resistance bands facing bitcoin lie in the $106,500 and $101,500  areas, according to Tyler Richey, technical analyst and co-editor at the Sevens Report. If bitcoin ends Thursday near its current level above $101,000, the crypto would be “well-positioned” for a test of its all-time high at $109,225, Richey told MarketWatch in emailed comments. 

However, if bitcoin falls below its near-term support level at $93,780, it may face a pullpack toward $80,000, Richey said. 

Still, the technical setup for bitcoin is less encouraging from a weekly timeframe with the relative strength index, a momentum indicator, standing above 50.

While the index is still positive, it is much lower than its recent peak in December, when the momentum reading hit a high at a bit below 80 and later powered bitcoin’s January rally, Richey noted.

Also, click here to view the full article featured on MarketWatch published on May 8th, 2025. 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.

The market may react with a “sell the fact” scenario

/in , /by

The market may react with a “sell the fact” scenario: Tom Essaye Quoted in GuruFocus

Trade Uncertainty Looms Over S&P 500 Despite Recent Gains

Tom Essaye, founder of Sevens Report Research, noted that the Trump administration has significantly weakened the April 2 tariff statement, delaying implementation and exempting key import categories such as chips, electronics, pharmaceuticals, and automobiles. Although the market has recovered losses post “Liberation Day,” the S&P 500 is still down 3.9% for the year despite a nine-day rally, the longest since November 2004.

Essaye warns that when a trade agreement is finally announced, the market may react with a “sell the fact” scenario. Although trade tensions appear to be easing, new tariffs remain higher than January levels, posing growth headwinds.

Essaye suggests shifting to defensive sectors like utilities, consumer staples, and healthcare for risk mitigation. He also recommends diversified investments through the Invesco S&P 500 Equal Weight ETF (RSP) and favors low volatility funds like iShares MSCI USA Min Vol Factor ETF (USMV) and high-quality stock funds (QUAL).

Also, click here to view the full article featured on MSN GuruFocus, published on May 5th, 2025. 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.

The “more forceful” a signal of a rate cut in June “the better

/in , /by

The “more forceful” a signal of a rate cut in June “the better: Sevens Report Analysts Quoted in Investing.com

Investors likely to focus on potential Fed June rate cut guidance – Sevens Report

In a note to clients, the Sevens Report analysts said the “more forceful” a signal of a rate cut in June “the better”, adding that they will also be noting how U.S. President Donald Trump reacts to the Fed’s latest decision.

“It is widely known and expected that the Fed won’t cut rates [in May], but despite that being the consensus expectation, the lack of action may draw the wrath of President Trump,” the Sevens Report analysts wrote.

Also, click here to view the full article featured on Investing.com published on May 6th, 2025. 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.

More S&P 500 stocks are trading below their 200-day MAs than their 50-day MAs

/in , /by

The primary negative influences on copper: Tyler Richey, editor of Sevens Report Technicals Quoted in MarketWatch

More S&P 500 stocks trade below 200-day moving average than 50-day moving average

“The fact that more S&P 500 stocks are trading below their 200-day MAs than their 50-day MAs continues to support the case that the rally off the April 2025 lows remains a countertrend move in an otherwise still downward-trending market,” Tyler Richey, editor of Sevens Report Technicals, wrote in a Monday note.

Using the 2022 bear market as a guide, a test of the 50% level in the percentage of S&P 500 companies that are trading above their 200-day moving average “should not come as a surprise ahead of another washout as initial attempts to find a bottom in this bear market commence,” Richey wrote.

Also, click here to view the full article featured on MarketWatch published on May 6th, 2025. 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.

A ‘sell-the-news’ move

/in , /by

A ‘sell-the-news’ move: Tom Essaye Quoted in Investor’s Business Daily

Dow Jones Breaks Winning Streak On Trump Tariff Move; Nvidia, Tesla Fall As Palantir Sinks

Tom Essaye, founder and president of Sevens Report Research, cautioned that much of Trump’s backtracking on tariffs may already be priced in.

“A ‘sell-the-news’ move once some trade deals are announced” may lead to some more volatility, Essaye said in a note to clients.

Also, click here to view the full Investor’s Business Daily article featured on MSN, published on May 5th, 2025. 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.

Gold trades in a range of 40 to 60 times the price of silver

/in , /by

Gold trades in a range of 40 to 60 times the price of silver: Tom Essaye Quoted in Barron’s

Gold Prices Are Crushing Silver. Why That Could Change Soon.

More typically gold trades in a range of 40 to 60 times the price of silver, according to Tom Essaye, author of the Sevens Report, a markets newsletter. That means silver has room to catch up. “If history is a guide, the next phase of the precious-metals rally could belong to silver, not gold,” he wrote last month.

Also, click here to view the full article featured on Barron’s published on May 5th, 2025. 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.

The Trump administration has seriously backtracked on the April 2 announcement

/in , /by

The Trump administration has seriously backtracked on the April 2 announcement: Tom Essaye Quoted in MarketWatch

Why the stock rally may be in trouble after the White House ‘backtracked’ on tariffs

The U.S. stock market has already priced in backtracking on the large and sweeping “liberation day” tariffs announced by President Donald Trump on April 2, making it difficult for the market to keep up its recent rally, according to Sevens Report Research.

“The Trump administration has seriously backtracked on the April 2 announcement, including a delay while negotiations take place and exempting major categories of imports,” said Tom Essaye, founder and president of Sevens Report Research, in a note Monday. As an example of tariff exemptions, Essaye pointed to computer chips, electronics, pharmaceuticals and automobiles.

“The reality of the past month post-‘liberation day’ hasn’t been as bad as feared and the market has recouped those losses,” said Essaye. “However, I do not think these events are enough to sustainably propel the S&P 500 forward and I am sticking to my general 5,100-5,500-ish range.”

Investors, worried that large tariffs will place a drag on the U.S. economy while increasing the cost of goods for consumers, have been monitoring the White House’s negotiations with its trading partners. But with backtracking on tariffs already priced into the market, Essaye cautioned that “we could even see a ‘sell-the-news’ move once some trade deals are announced.”

Also, click here to view the full article featured on MarketWatch published on May 5th, 2025. 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.