Tom Essaye Quoted in Yahoo Finance on June 9, 2021

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Tyler Richey, co-editor of the Sevens Report Quoted in MarketWatch

“A firming dollar and sharply rising bond yields” were also reasons why gold saw such a big drop Thursday” said Tyler Richey, co-editor of the Sevens Report.

Why QT Matters to This Market

Why Quantitative Tightening matters to this market, Futures are flat, Japanese & EU flash manufacturing PMIs both fell below 50 in February, multiple media outlets reported a U.S./China trade deal is almost done and more.

Technical Tipping Point

Technical Update — We’ve reached the tipping point: The last few months have been a wild ride in the stock market. Beginning with the sharp “buyers’ strike” selloff into Christmas, followed by the whipsaw reversal back higher that resulted in…and more.

Valuation Update

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Tom Essaye quoted in CNBC

“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…”

Time to Chase Stocks? Not So Fast

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.