Tom Essaye Quoted in CNBC on April 21, 2020
“The historic drop by front month oil futures was largely due to logistical issues in the physical market, namely lack of available storage…” wrote Tom Essaye, founder of The Sevens Report.
Tom Essaye Quoted in CNBC on April 24, 2020
“Looking ahead, it’s still all about demand for oil right now, and so far there is little evidence to support the idea…” said Tom Essaye, founder of The Sevens Report.
What the Bulls Need to Believe
What’s in today’s report: What the bulls need to believe, Weekly market preview, Weekly economic cheat sheet, Futures are moderately higher and more…
Tom Essaye Quoted in Oil and Gas 360 on April 21, 2020
“The oil market is sending a bold warning that economic growth may not…” wrote Tom Essaye, president of the Sevens Report, in a Tuesday note to clients.
Tom Essaye Quoted in ETF Trends on April 21, 2020
“The oil market is sending a bold warning that economic growth may not recover nearly as quickly as some equity investors would hope,” wrote Tom Essaye, president of the Sevens Report, in a Tuesday note to clients. “The S&P 500 is pricing a relatively quick return to a normal economy…”
Sevens Report Co-editor Tyler Richey Quoted in MarketWatch on April 23, 2020
Despite the drop in active rigs, the EIA on Wednesday showed domestic oil production “perfectly unchanged” at 12.2 million barrels per day, “relative to the corresponding week in 2019…” said Tyler Richey, co-editor at Sevens Report Research.
Here We Go Again: Why Bad Data Isn’t Good for Stocks
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Here We Go Again: Why Bad Data Isn’t Good for Stocks and EIA Analysis and Oil Market Update.