There is certainly still a geopolitical fear bid in oil markets
There is certainly still a geopolitical fear bid in oil markets here with prices in the low $80s,” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.
Why Stocks Have Really Pulled Back
What’s in Today’s Report: Why Stocks Have Really Pulled Back and Weekly Market Preview: Will the Fed and Growth Data Make the Pullback Worse This Week?
Core PCE Price Index Preview (Next Potential Catalyst)
What’s in Today’s Report: Core PCE Price Index Preview (Next Potential Catalyst).
Here We Go Again: Why Bad Data Isn’t Good for Stocks
What’s in Today’s Report: Here We Go Again: Why Bad Data Isn’t Good for Stocks and EIA Analysis and Oil Market Update.
Gasoline supplied, dropped to the lowest level since mid-February
The most notable takeaway from the Energy Information Administration report Wednesday was the weekly implied measure of consumer demand for fuel at the pump, gasoline supplied, which dropped to the lowest level since mid-February, said Tyler Richey, co-editor at Sevens Report Research.
The stock-market selloff has removed some of its positive bias
Tom Essaye, founder of Sevens Report Research, said the slump in bullish sentiment since November indicates the stock-market selloff has removed some of its positive bias, but that it also implies a return to a “normal” market sentiment.
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