“Stocks such as GameStop usually don’t move markets, but as is almost always the case, fears of contagion are starting to impact the broad market…” Tom Essaye of the Sevens Report wrote in an investor’s note early on Thursday. Click here to read the full article.
“In late-morning trade, selling pressure quickly picked up on the back of comments from Sen. Schumer…” wrote Tom Essaye, founder of Sevens Report Research, in a note. Click here to read the full article.
“The short squeeze/volatility we saw in heavily-shorted stocks such as GameStop and others only further confirms that, at least in the near term, complacent/frothy investor sentiment…” Tom Essaye, founder of Sevens Report, said in a note Tuesday. Click here to read the full article.
The potential for a more aggressive regulatory approach from Democrats should have Big Tech investors ready for underperformance, argues Tom Essaye, founder of Sevens Report.
Essaye said in a note, “in the immediate term, markets are pricing in more stimulus. From an equity standpoint, that means tech underperformance and cyclical/value outperformance…” per CNBC. Click here to read the full article.
Tom Essaye interiewed with BNN on January 7, 2021., to discuss, the recent rally, U.S. stimulus dispersal will benefit Canadian markets due to an energy-rich makeup and more. Click here to watch the full video.
“Investors continue to weigh stimulus hopes against negative pandemic…” Tom Essaye, a former Merrill Lynch trader who founded The Sevens Report newsletter, wrote to clients. Click here to read the full article.
As Tom Essaye, founder of The Sevens Report said :
“The five pillars of the rally (Federal stimulus, FOMC stimulus, vaccine rollout, divided government and…” Click here to read the full article.
“All the bluster did not change in a significant way to the perspective of the actions, since the markets were still waiting (and finally received) the stimulus…”, points Tom Essaye, founder of The Sevens Report, as collected CNBC. Click here to read the article.
Tom Essaye, the founder of the Sevens Report, was more cautious, however, commenting:
‘At this point, markets have priced in and are expecting stimulus near term, so if that really does not happen…’ Click here to read the full article.
“At this point, markets have priced in and are expecting stimulus near term, so if that really does not happen by the…” for risk assets, wrote Tom Essaye, founder of The Sevens Report. Click here to read the full article.
