Sevens Report’s Tyler Richey quoted in Wall Street Journal on November 1, 2018
Sevens Report’s Tyler Richey quoted in Wall Street Journal on November 1, 2018.
Trade War Indicator
Today, trader focus is going to primarily be on the mid-term elections although results will not come in until after the close, a realtime trade-war indicator to watch, futures are slightly lower with EU markets this morning on renewed political tensions despite upbeat economic data o/n while US focus turns ahead to the mid-terms and more
Growth and Volatility
“Growth Pillar” Remains Solid, but Volatility Not Necessarily Over, US stock futures are little changed this morning, on the charts, 2705 will be a key support level to watch in the S&P today, looking into today’s session, there is one economic report to watch in the US: ISM Non-Manufacturing Index (E: 59.4) and there are two Fed speakers: Williams ahead of the bell (8:30 a.m. ET), and Kaplan later this evening (7:30 p.m. ET). and more.
Rebound Update
Rebound Update, futures are decidedly higher this morning after Chinese shares led global equities higher overnight thanks to continued optimism about a US-China trade deal, once earnings and economic data are digested, focus will likely return to momentum, technicals, and any incremental news on trade and more.
Jobs Report Preview
Jobs Report Preview, futures are modestly higher on continued momentum from the Wednesday rally, AAPL reports today but after the bell, so the focus of the regular session today will be on economic data and more.
Sevens Report’s Tom Essaye quoted in MarketWatch on October 31, 2018
Tom Essaye, president of the Sevens Report, wrote in a note to clients that recent gains show that the “shock of last week’s earnings disappointment is behind us,” and that investors are realizing the market is undersold.
Here We Go Again: Why Bad Data Isn’t Good for Stocks
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Here We Go Again: Why Bad Data Isn’t Good for Stocks and EIA Analysis and Oil Market Update.