Bull

Why Are Stocks So Resilient (And Can It Last?)

What’s in Today’s Report: Why are stocks so resilient (and can it last?), Last week’s key event (it wasn’t Mexican tariffs), weekly market preview, weekly economic cheat sheet and more.

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Tom Essaye Quoted in International Business Times on June 11, 2019

“This rally is not fundamentally backed. Instead what we are seeing is a bunch of people getting swung around and now they are chasing stocks higher,” said Tom Essaye. 

Copper Pennies

Dr. Copper Update

What’s in today’s report: Dr. Copper update, CPI – The case for a July rate cut got a bit stronger yesterday, oil outlook, China & treasuries, Futures are marginally higher and more…

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Tyler Richey co-editor of Sevens Report Quoted in MarketWatch on June 12, 2019

“The dominant trend remains bearish as U.S. oil supply is up more than 10% this year, and…” says Tyler Richey, co-editor of Sevens Report Research, told MarketWatch.

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Tom Essaye Quoted in CNBC on June 11, 2019

“You had a market that became very pessimistic and then all of a sudden we had the Fed’s dovish rhetoric and no Mexican tariffs, and that’s basically causing a squeeze,” said Tom Essaye, founder of The Sevens Report.

Deteriorating Economic Data

What’s in today’s report: Deteriorating economic data, S&P futures are down roughly 10 points, trade sentiment deteriorated over the last 12 hours, today’s focus will be on inflation data due out ahead of the bell: CPI (E: 0.1%) and more…

Market Scenario Update (Good/Bad/Ugly)

What’s in today’s report: Good/Bad/Ugly scenario update, it is a risk-on morning with U.S. stock futures tracking international equity markets, investors looking for any further updates on the trade war and more…