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Investors will need to see economic data that remains goldilocks

“With stocks sitting on record highs investors will need to see economic data that remains ‘goldilocks,’ the absence of any hawkish Fed surprises, steady yields, good retailer earnings, and solid guidance from AI bellwether Nvidia to meaningfully advance beyond current levels,”  Tom Essaye at the Sevens Report said in a note to clients.  

Print This Table (Updated Market Roadmap)

What’s in today’s report: Updated market roadmap into year-end, Futures are slightly higher, Global flash PMIs universally disappointed this morning and more…

Where Will the S&P End the Year?

What’s in today’s report: What Brexit means for markets? Where will the S&P end the year? Stock futures are flat, Economically, the French Business Climate Indicator fell to a more than 4 year low and more…

Tom Essaye Quoted in CCN on October 21, 2019

“If corporate earnings show signs of resilience, especially by the U.S. consumer, then a run to new highs is by no means out of the question” – Tom Essaye, The Sevens Report.

Tom Essaye Quoted in International Business Times on October 20, 2019

“If corporate earnings show signs of resilience, especially by the U.S. consumer, then a run to new highs is by no means out of the question,” said Tom Essaye, founder of stock market analysis firm, Sevens Report Research, in a note to clients.

Is the Trade War Optimism Warranted?

What’s in today’s report: Is rising optimism towards “Phase One” of the U.S.-China trade deal warranted? Futures are little changed, 10-Yr Treasury Note Auction at 1:00 p.m. ET and more…

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Tom Essaye Quoted in CNBC on October 18, 2019

“If corporate earnings show signs of resilience, especially by the U.S. consumer, then a run to new highs is by no means out of the question,” Tom Essaye, founder of The Sevens Report, said in a note…