Tom Essaye Quoted in International Business Times on August 5, 2020

“The bottom line is that if we do see real disappointment in stimulus or the vaccine, then a 10%…” said Tom Essaye of The Sevens Report, in a note.

Sevens Report Chart of the Day by Analyst Tyler Richey

The technicals of the gold market are beginning to favor the bulls as futures have held both the 50 day Moving Average and now the 100 day Moving Average over the past week. And, the underlying fundamentals continue to favor the bulls as well with the threat of inflation looming and growing concerns that the […]

Sevens Report Chart of the Day by Analyst Tyler Richey

Copper futures enjoying a nice rally this morning after Chinese Flash PMI’s topped estimates overnight.

Sevens Report 7.23.14

Equities Market Recap Stocks rallied yesterday on a combination of better than expected economic data and stagnant geopolitics. The S&P 500 added +0.5% on the day. Stocks traded sharply higher out of the gate yesterday, hitting fresh all-time highs by midmorning before trading sideways for the remainder of the session and closing just off the […]

Sevens Report Chart of the Day by Analyst Tyler Richey

The S&P 500 is trading lower today, but remains above initial support at the 1963 level.

MoneyLife Interview: Tom Essaye Discussing the Outlook for the Economy.

MoneyLife Interview: Tom Essaye Discussing the Outlook for the Economy.

Sevens Report Chart of the Day by Analyst Tyler Richey

Copper futures sold off hard in pre-market trading and are now below support at the 50 day moving average. If prices can recover the 50 day MA by the close however, it will be bullish for the near term.