Yields fell and stocks rose following a soft S&P Global Flash U.S. Composite PMI
Sevens Report Research’s Tom Essaye told Barron’s that yields fell and stocks rose following a soft S&P Global Flash U.S. Composite PMI.
Today, we’re in a very, very classic ‘bad is good’ reaction to the Flash PMIs
Sevens Report Research’s Tom Essaye told Barron’s that though upbeat earnings reports set a positive tone, the market was gaining after the S&P Global Flash U.S. Composite PMI came in lower than expectations.
Still “a simmering” geopolitical fear bid in the global oil market
Tom Essaye, founder of the Sevens Report Research, said there is still “a simmering” geopolitical fear bid in the global oil market which is keeping futures above the $80-a-barrel level.
Tom Essaye Interviewed on Schwab Network
American Express (AXP) rises after beating earnings. The Sevens Report’s Tom Essaye and Morningstar’s Michael Miller discuss this as American Express’ 1Q revenue grew 11% year-over-year.
Bull Market Warning From Dow Theory
What’s in Today’s Report: Dow Theory Update: Transports Rolling Over (Charts Included), Flash PMI Takeaways – Signs of Weakness.
How Nervous Are Investors Right Now?
What’s in Today’s Report: Sentiment Update – How Nervous Are Investors Right Now?
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