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.

Bear and Bull

Valuation Support in the S&P (Updated)

What’s in today’s report: How intense was the selling yesterday? Valuation support and technical update: S&P 500, Stock futures enjoyed a “relief rally” overnight and more…

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Pullback – Why Stocks Are Down 2%

What’s in today’s report: Why stocks are down 2%, Weekly market preview, weekly economic cheat sheet, Futures are down more than 2% and more…

Graphs

What Caused Stocks to Drop (And Recover?)

What’s in today’s report: Why stocks dropped and recovered yesterday, Yield curve update: Why is 10’s-2’s at a multi-month lows? Today the key number is the February Flash Manufacturing PMI and more…

Magnifying Glass

How to Recognize a Blow Off Top

What’s in today’s report: How to recognize a blow off top, Don’t sleep on inflation, Futures are slightly lower, there are two notable economic reports and more…

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Tom Essaye Quoted in CNBC on February 19, 2020

The lack of a guidance update can mean “mean the company doesn’t have much of an idea how big…” said Tom Essaye, co-founder of The Sevens Report.

Earnings Still Matter

What’s in today’s report: Earnings still matter, stock futures are higher, there are two economic reports to watch: Housing Starts (E: 1.420M) and PPI (E: 0.1%), and more…