Jobs Report Preview
Jobs report preview, is the AAPL decline an opportunity for value stocks?, futures are down more than 1% as AAPL sharply cut Q4 revenue guidance, economically UK Construction PMI and Euro Zone Money supply both slightly missed expectations and more.
More Growth Fears
The Aussie-Yen points to further growth fears, S&P futures are tracking international shares lower to start the year this morning, the Chinese Caixin Manufacturing PMI Index fell 0.5% to 49.7 in December suggesting the world’s second largest economy is slipping into contraction. there is one economic report to watch: PMI Manufacturing Index and more.
2019 Market Outlook
2019 market outlook, weekly market preview, weekly economic cheat sheet (There are a lot of big reports this week), futures are higher on the final trading day of 2018, president Trump tweeted over the weekend that U.S./China trade talks were making “big progress,” raising expectations for a deal in early 2019 and more.
Sevens Report’s Tom Essaye quoted in CNBC on December 26, 2018
Sevens Report’s Tom Essaye quoted in CNBC on December 26, 2018. His take on the market.
Valuation Update
Valuation Update and a new “Fair Value” trading range, futures are extending the late Thursday gains, today investors will see if the year-end bounce can continue, there are a few economic reports including International Trade in Goods (E: -$75.7B), Chicago PMI (E: 62.4) and Pending Home Sales Index (E: 1.5%) but none of those should move markets materially and more.
Was that the Bottom? (Technical Update)
Technical update, futures are lower and giving back about 1/3 of yesterday’s massive rally, the Trump administration is considering an executive order banning U.S. companies from using Huawei and ZTE products (both Chinese firms) and more.
Did Powell Really Get More Hawkish on Tuesday?
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Did Powell Really Get More Hawkish on Tuesday? And EIA Update and Oil Market Analysis.