“Markets always assumed the March 1 trade deadline was flexible, but this just confirmed it,” Tom Essaye, founder of The Sevens Report, wrote in a note. “Bottom line, the fundamentals are roughly balanced right now as there is…”
Money flows were risk-on overnight thanks to continued trade-war optimism, Trump said he would push back the March 1st tariff deadline, Economic data out overnight was less optimistic, the major focus of the market right now however remains the trade negotiations in Beijing and stocks will be most sensitive to any material headlines regarding the ongoing talks and more.
https://sevensreport.com/wp-content/uploads/2019/02/Time-to-Chase-Stocks-250x200.jpg200250Tom Essayehttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTom Essaye2019-02-13 09:22:562019-02-13 09:22:56Time to Chase Stocks? Not So Fast
Is a Fed “Pause” actually good for stocks?, futures are decidedly higher after Congress reached a deal to avert another government shutdown, today, there is one economic report: December JOLTS (E: 6.950M) and several Fed speakers to watch: Powell (12:45 p.m. ET), George (5:30 p.m. ET), and Mester (6:30 p.m. ET) and more.
https://sevensreport.com/wp-content/uploads/2019/02/NY-Stock-Exchange-250x200-1.jpg200250Tom Essayehttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTom Essaye2019-02-12 10:02:322019-02-12 10:02:32Is a Fed "Pause" Actually Good for Stocks?
https://sevensreport.com/wp-content/uploads/2019/02/MarketWatch-Logo-300x250.jpg250300Customer Servicehttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngCustomer Service2019-02-11 16:20:072019-02-12 11:22:30Sevens Report’s Tom Essaye quoted in MarketWatch on February 11, 2019
What stocks fell late last week (it wasn’t China), weekly market preview, weekly Economic Cheat Sheet (important reports this week), futures and global markets are moderately higher following positive reports on U.S./China trade and the potential for economic stimulus in the EU and more.
U.S./China trade update – nothing has changed (and that’s good), why the Reserve Bank of India matters to you (and your clients), futures are modestly lower on momentum from Thursday’s declines following mixed economic data overnight and more.
https://sevensreport.com/wp-content/uploads/2019/02/Reserve-Bank-of-India.jpg200250Tom Essayehttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTom Essaye2019-02-08 11:57:142019-02-08 11:57:14Why The Reserve Bank of India Matters to You