Does the Bullish Mantra Still Work?
What’s in Today’s Report: Does the Bullish Mantra Still Work? Weekly Market Preview
Summer’s Finally Here – Investing in the Kids
What’s in Today’s Report: Summer’s Finally Here – Investing in the Kids, EIA Analysis and Oil Market Update.
The Fed outlook is essentially known at this point
“The Fed outlook is essentially known at this point,” Sevens Report Research’s Tom Essaye tells Barron’s.
I expect the rest of the week to be very quiet
“It essentially will kind of kill the week, to be honest, because anybody that can take Thursday and Friday off just got basically almost a week off,” Sevens Report Research’s Tom Essaye told Barron’s. “There will be plenty of people who will do that. So I expect the rest of the week to be very quiet.”
Oil has recovered from its early June pullback to test seven-week highs
Oil has recovered from its early June pullback to test seven-week highs on “price-supportive rhetoric” from the Organization of the Petroleum Exporting Countries and its allies, said Tyler Richey, co-editor at Sevens Report Research.
These are all contributing to the recent rebound in the oil market
“Price-supportive OPEC+ rhetoric, evidence of strong domestic demand at the start of the U.S. summer driving season, rising geopolitical tensions overseas, and renewed hopes for a perfectly executed soft landing by the [Federal Reserve] are all contributing to the recent rebound in the oil market,” said Tyler Richey, co-editor at Sevens Report Research.
The market is just sort of drifting around
/in Investing, Reports/by Customer Service“The market is just sort of drifting around,” Sevens Report Research’s Tom Essaye told Barron’s in a phone interview.