U.S./Iran Conflict And AI Continue To Dominate The Market Narrative

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Nasdaq-100 Falls As Investors Rotate From AI To Old Economy

“The U.S./Iran conflict and AI continue to dominate the market narrative, but tomorrow’s jobs report is still very important for markets because the strong labor market is a critical offset for the consumer amidst high inflation,” said Tom Essaye of the Sevens Report. “A ‘too tight’ labor market would risk increasing the chances of Fed rate hikes sooner than expected.”

Also, click here to view the full article published in Financial Advisor Magazine on June 4th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Tom Essaye Quoted In The Money Show

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SPX: The Underappreciated Force Behind Market Resilience

A key (and largely underappreciated) factor behind recent stock market resilience, with the S&P 500 Inex (^SPX) reversing from early losses to record highs late last week, was a meaningful shift in Federal Reserve sentiment, writes Tom Essaye, president of the Sevens Report.

As the CME’s FedWatch tool shows, rate hike odds between now and the end of 2026 have reversed sharply to two-week lows – fading below 50% after being as high as 70% the week before.

That is noteworthy in the context of last week’s Goldilocks PCE data and lower-revised Q1 GDP growth. The data reduced the threats of runaway inflation and a run-hot economy.

Those were two simmering risks behind May’s Treasury yield breakout, including the 30-Year Treasury Bond yield hitting its highest level since 2007. With the 30-year now 20 bps below its mid-May peak, accelerating inflation and run-hot economy risks are being priced out. Plus, Fed policy expectations have shifted from a market headwind to a market-neutral/market-positive influence on risk assets.

In the sessions ahead, it will be important to see rate hike odds and Treasury yields continue to fade, as those fixed income dynamics are acting as a meaningful new tailwind for stocks.

Also, click here to view the full article on Moneyshow.com published on June 1st, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Tom Essaye Quoted In NDTV On May 27th, 2026

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Wall Street Highlights: S&P 500, Nasdaq Hit Record Close On AI Rally, Optimism Over Iran Deal

“Don’t expect an agreement to immediately send the S&P 500 running to 8,000,” wrote Tom Essaye, founder of the Sevens Report. Still, he said the end of the war would allow investors to focus on strong earnings growth, which will “increase the rally potential for the market.”

Also, click here to view the full article published in NDTV on May 27th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Strong Earnings Should Remain A Tailwind For The Market Says Tom Essaye

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Stocks Wobble as S&P 500, Nasdaq Pull Back From Records

“Barring any noteworthy disappointments, particularly from the tech companies reporting, a strong earnings season should remain a tailwind for market into the end of the month,” writes Sevens Report Research’s Tom Essaye.

Also, click here to view the full article published in Barron’s on May 27th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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We’re Not Seeing The Type of P/E Surge You’d Expect Says Sevens Report Analysts

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Notably, this is just what we saw with semiconductors starting three years ago, Sevens Report Analysts.

The ‘Insatiable’ Logic Behind Micron’s ‘Extreme’ Gains

“We’re not seeing the type of P/E surge you’d expect given the rallies, because earnings are rising faster than the share prices (notably, this is just what we saw with semiconductors starting three years ago),” wrote analysts at Sevens Report in a research note.

“While the gains have been extreme in the near term, the reality is they are being fueled by insatiable demand that likely won’t end unless the hyperscalers abandon the AI data center buildout (and that’s not likely to happen in the next 12-18 months),” wrote the Sevens Report analysts.

Also, click here to view the full article published in Barron’s on May 27th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Tom Essaye Quoted In Barron’s

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Markets will continue to view the situation as slowly trending towards a ceasefire, Tom Essaye tells Barron’s.

Stocks Inch Lower. Inflation and Retail Sales Data Are on Tap.

“As long as the U.S. does not initiate widespread attacks on Iran again, markets will continue to view the situation as slowly trending towards a ceasefire,” Sevens Report Research’s Tom Essaye writes.

Also, click here to view the full article published in Barron’s on May 11th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Gold Is Trying To Break Out Of This Trading Pattern Said Tyler Richey

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Gold is trying to break out of the weak, sideways trading pattern, said Tyler Richey

Gold has climbed back above a key trend line. Are more gains on the way?

Futures contracts tied to gold on Friday moved above their 21-day moving average, a short-term trend line traders use to judge whether momentum is improving, according to Tyler Richey, technical analyst and co-editor at Sevens Report. Gold futures also tested their 50-day moving average for a second straight session, with that trend often seen as a more important gauge of the market’s medium-term direction, Richey noted in written commentary shared with MarketWatch.

From a technical perspective, gold is trying to break out of the weak, sideways trading pattern that has been in place since early April, Sevens Report’s Richey said. The metal’s chart patterns aren’t yet sending any clearly bullish signals, and the near-term trend still leans weaker, he noted.

Gold would need to break more convincingly above the $4,800- to $4,900-an-ounce range to show that the bulls are really back in control, Richey added – while, on the downside, a close below $4,400 would be a warning sign.

Also, click here to view the full article featured on Morningstar published on May 8th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Geopolitics Will Continue To Influence Markets | Tom Essaye

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Geopolitics will continue to influence markets, Tom Essaye tells Barron’s.

Dow Gives Back Gains After Topping 50,000

“Today geopolitics will continue to influence markets although at this point an agreed to ceasefire is mostly priced in, so an official announcement shouldn’t spark a material rally,” writes Sevens Report Research’s Tom Essaye.

Also, click here to view the full article published in Barron’s on May 7th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Tom Essaye Tells Barron’s What’s Really Supporting The Rally

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The two underpinnings of the rally are really earnings and economic growth, Tom Essaye tells Barron’s.

S&P 500, Nasdaq Climb Back to Record Highs. Earnings Are in Focus.

“The two underpinnings of the rally are really earnings and economic growth, and the news continues to be good,” Sevens Report Research’s Tom Essaye tells Barron’s.

Essaye argues part of the risk for the market is that both strong earnings and economic growth are tied to the artificial intelligence buildout.

“That’s essentially acting like an economic stimulus program that’s boosting growth at the same time,” he says. “That’s fine—unless it stops. And then all of a sudden you’ve got a really substantial problem on your hands.”

Also, click here to view the full article published in Barron’s on May 5th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Memory In The Technology Space Is Now Skyrocketing Says Tom Essaye

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Memory In The Technology Space Is Now Skyrocketing Says Tom Essaye

What average investors should know about Fed nominee Kevin Warsh

“Memory that everyone needs in the technology space is now skyrocketing in price. How long can companies negotiate this? They’ve been doing an amazing job. The answer is not forever, so we can’t get complacent,” Tom Essaye, founder of Sevens Report Research, told Yahoo Finance.

Also, click here to view the full video published on Yahoo Finance on May 3rd, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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