Tom Essaye Quoted in Barron’s on September 20, 2019

“On U.S./China trade, the staffer meeting in preparation for the October meeting will continue, and absent any…” writes The Sevens Reports’ Tom Essaye.

S&P Chart: Strikes New All-Time High

S&P Chart: “A new high” is the oldest confirmation signal of a bull market in technical analysis and the S&P reached a new all-time high yesterday leaving the path of least resistance higher still from here.  

10 Year Treasury

10 Year Treasury: January 23, 2017

10 Year Treasury: The greenback ended a volatile week little changed as the Dollar Index dropped more than 1% last Tuesday after now-President Trump called it “too strong.” Then a hawkish tone from Yellen on Wednesday, and dovish comments from ECB President Draghi Thursday, helped reverse that initial decline. The Dollar Index ended the week […]

dollar futures

Dollary Futures: “Trump-Off Trade” Leads Dollar to Test Key Support

The dollar index fell into a key support level yesterday as the market remained in “Trump-Off” mode. If support just above 100 is violated, dollar index futures could quickly fall back to the uptrend line pictured above, near 98.00 Donald Trump and British PM Teresa May were the two major influences on the currency markets […]

Stock Market Update

Stock Market Update: January 17th, 2017

Stock Market Update excerpt from the Sevens Report: Foreign markets were open yesterday, and generally traded lower on consolidation, but overall the weekend was quiet and nothing negative occurred. Stocks finished last week little changed, as a Friday rally helped recoup losses from earlier in the week. Some of the shine was taken off the […]

Gold Grinds Higher: Chart

Turning to gold, we saw an unwind in the Trump Trade that has dominated the markets since the election yesterday morning. Reason being, the markets did not gain the clarity they were hoping to from Trump’s press conference Wednesday, so basically investors were left disappointed. Stocks pulled back, the dollar declined and bonds rallied, all […]

Stock Market Update: Trumponomics

Wednesday was volatile as Trump’s press conference induced a mid-day sell off, but stocks recovered after lunch to finish with moderate gains.  The S&P 500 rose 0.28%. The markets are now experiencing “Trumponomics.”  The Sevens Report, a daily macro-economic report for financial advisors, just released it’s “Stock Market Update:  Investors Guide to Trumponomics.” Stock Market […]