If Nvidia’s earnings are soft, you’ll see some weakness in tech
“I think if Nvidia’s earnings are soft, you’ll see some weakness in tech, especially, although I don’t think that a bad Nvidia earnings print carries with it the same danger that it would have seen in February or November,” Sevens Report Research’s Tom Essaye tells Barron’s.
How Important Is AI to This Market?
What’s in Today’s Report: How Important Is AI to This Market? Chart: Key Levels to Watch in NVDA Today
One of the worst possible investing environments for stocks and bond holders
March CPI report, as it represents “one of the worst possible investing environments for stocks and bond holders,” market commentary Sevens Report said in a recent note.
A near-term technical signal of potential exhaustion in the latest leg higher in stocks.
Tom Essaye, publisher of Sevens Report Research, described this turnaround as “a near-term technical signal of potential exhaustion in the latest leg higher in stocks.”
The meme stock rally hints at a lingering complacency amongst investors
The meme stock rally “hints at a lingering complacency amongst investors,” Sevens Report founder Tom Essaye wrote to clients Tuesday.
Even after the revisions, the data was really mostly in line.
But Sevens Report Research’s Tom Essaye told Barron’s in a phone interview that even after the revisions, the data was really mostly in line.
Renewed Rotation Risks (Smart Money Is Getting Defensive)
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Recent Sector Performance Points to Smart Money Getting Defensive