Massive rotation from tech and tech related sectors

Bottom line, this massive rotation from tech and tech related sectors was caused primarily by investors positioning for a rate cutting cycle and secondarily by anticipation for a Trump administration and negative tech news,” writes Sevens Report’s Tom Essaye.

Tom Essaye Quoted in Blockworks on April 20th, 2023

The VIX is trading at the lowest levels since the S&P 500 hit its standing all-time..Tom Essaye, founder of Sevens Report Research, said.

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How the Debt Ceiling is Starting to Impact Markets

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Tom Essaye Quoted in Yahoo Finance on April 19th, 2023

Sevens Report Research Founder Tom Essaye agrees with the Fed pause narrative fueling stocks but thinks there are also other elements in…

Tom Essaye Quoted in Barron’s on April 19th, 2023

If earnings news is not encouraging today, and yields continue to move higher over the course of the session, the selling…wrote Tom Essaye.