Consumer demand remains rather strong

Consumer demand remains rather strong “despite higher prices at the pump this year and simmering concerns about the health of the economy,” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.

Sevens Report Co-editor Tyler Richey Quoted in Hellenic Shipping News on April 27, 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…” said Tyler Richey, co-editor at Sevens Report Research.

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Tom Essaye Quoted in Yahoo Finance on April 27, 2020

“All the data is horrific. But it’s getting less bad than it was say a couple weeks ago and that’s especially true with…” said Sevens Report Research founder Tom Essaye on Yahoo Finance’s The First Trade.

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Tom Essaye Quoted in Barron’s on April 28, 2020

“Coronavirus headlines were mostly positive overnight as there were reports of expanded testing capabilities in the U.S., the growth rate of new cases continues to…” writes The Sevens Report’s Tom Essaye.

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Sevens Report Co-editor Tyler Richey Quoted in MarketWatch on April 28, 2020

“The report is weighing on optimism that the global economy would swiftly…” said Tyler Richey, co-editor at Sevens Report Research, adding that the news helped gold bounce off its earlier lows.

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Fed Meeting Preview

What’s in today’s report: FOMC preview, S&P futures are up 1% this morning, Coronavirus headlines were mostly positive overnight, Investors will be increasingly focused on earnings this week and more…

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Tom Essaye Interviewed with Yahoo Finance on April 24, 2020

Tom Essaye, The Sevens Report founder interviewed with Yahoo Finance’s Brian Sozzi and Alexis Christoforous discussing the market action, jobless claims, earnings and more.