Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James and more… see if the Sevens Report is right for you. The healthcare vote in the House later today will have an effect on stocks in the short and long term, regardless of the outcome, so I […]
The post-FOMC gold rally met resistance between $1250 and $1255 yesterday as both the dollar and stocks stabilized over the course of the day. Breaking to fresh highs is critical for the 2017 gold rally to remain in tact.
An excerpt from today’s Sevens Report (the Sevens Report is everything you need to know about the markets, in your inbox by 7AM in 7 minutes or less). The price action this week has made us more cautious on this market from a technical standpoint (we’ve been cautiously positive fundamentally for some time). And the […]
After the S&P violated its post-election uptrend Monday, the second bearish technical development of the week occurred yesterday as the Dow Transports made a “lower low” on the weekly chart, the first of four such “prints” needed for Dow Theory to turn bearish.
The Case for Europe, an excerpt from today’s full Sevens Report. Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James and more… see if The Sevens Report is right for you with a free trial. For the past several weeks, I’ve been consistently mentioning Europe as an […]
https://sevensreport.com/wp-content/uploads/2017/03/Europe.jpg11881370Tom Essayehttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTom Essaye2017-03-21 08:47:472017-03-21 09:01:22The Case for Europe, March 21, 2017
The S&P 500 is showing signs of fatigue as one version of the post-election uptrend line was violated yesterday. Initial support at 2365 is now the most important support level to watch in the index as a violation would likely mark the beginning of the first pullback in the Trump-Rally