The market collapse was driven by both fundamental and technical factors

According to Sevens Report, the market collapse was driven by both fundamental and technical factors.

Tom Essaye Quoted in Seeking Alpha on September 17, 2019

The consensus expects a 25 basis-point rate cut from the Fed today, but “the drama is centered on just how…” says Tom Essaye of The Sevens Report.

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Tom Essaye Quoted in ETF Trends on September 17, 2019

“Going forward, the main driver of prices will be time, specifically how long the Saudi…” said Tom Essaye, founder of Sevens Report, said in a note on Tuesday.

What the Fed Rate Cut Means for Markets

What’s in today’s report: FOMC takeaways, Oil market update, Futures are slightly lower as markets digest a “not as dovish as wanted” and more…

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Fed Meeting Preview and Saudi Oil Update

What’s in today’s report: FOMC preview, Two sectors that will benefit from the Saudi oil attacks, What the attacks on Saudi oil infrastructure mean for oil…

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Tom Essaye Quoted in MarketWatch on September 12, 2019

“The S&P 500 has now fully retraced the August pullback, and in doing…” wrote Tom Essaye, president of the Sevens Report in a Thursday note to clients.

Can A Trade Truce Sustain New Highs?

What’s in today’s report: Can a trade truce sustain new highs in stocks? What the Saudi oil attacks mean for oil prices, weekly market preview and more…