What the Fed Decision Means for Market (Tailwind, For Now)
What’s in Today’s Report: What the FOMC Decision Means For Markets (Tailwind, For Now)
Markets could get a bit ugly given recent tech weakness
“If the Fed does not signal a September rate cut, markets could get a bit ugly given recent tech weakness — especially if earnings underwhelm,” said Tom Essaye at The Sevens Report.
We’re staring at big catalysts
“There was not much going on yesterday and there isn’t a ton going on today, either,” Sevens Report Research’s Tom Essaye told Barron’s. “And we’ve had sort of big moves in the market, and we’re staring at big catalysts.”
I don’t think the market is really doubting the whole AI story
I don’t think the market is really doubting the whole AI story at this point, Sevens Report Research’s Tom Essaye told Barron’s
Technical Levels to Watch Today and Jobs Report Preview
What’s in Today’s Report: Technical Levels to Watch in the Wake of the Fed and Jobs Report Preview.
This week is very important for AI and tech
“This week is very important for AI and tech because MSFT, AAPL, AMZN, and META, all AI darlings, report earnings and if they post disappointing guidance, it will further erode AI enthusiasm and we could see this pullback continue,” Sevens Report’s Tom Essaye wrote on Monday.
The bond market is now signaling a real chance of a greater-than-expected economic slowdown
/in Investing, Reports/by Customer Service“The bond market is now signaling a real chance of a greater-than-expected economic slowdown and falling yields are no longer a positive for markets. Going forward, the sooner Treasury yields can stabilize (ideally with the 10 year close to 4%) the better for markets,” wrote Sevens Report’s Tom Essaye in a note.