The Rotation Out of Tech Continues

What’s in Today’s Report: The Rotation Out of Tech Continues

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Tom Essaye Quoted in CNBC on April 11, 2019

“This met current market expectations,” said Tom Essaye, founder of The Sevens Report. “But Fed officials also didn’t see any need to cut rates at this point either, and there wasn’t even much of a discussion…”

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Tom Essaye Quoted on Market Watch on April 12, 2019

“Bottom line, this earnings season is make or break for this market, because we need earnings growth to resume if the S&P 500 is going to…”

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Contrarian Opportunity in Permian Shale Stocks?

What’s in today’s report: FOMC and ECB takeaways (both dovish as expected, but neither will help stocks rally), Energy Market Update – solidly bullish, an opportunity in Permian Shale Energy Stocks? and more.

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Tom Essaye Quoted in Barron’s on April 9, 2019

Tom Essaye Quoted in Barron’s on April 9, 2019. “It is a very quiet morning with stock futures trading slightly lower while most overseas markets edged…”

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Earnings Preview: Good, Bad, Ugly

What’s in today’s report: Earnings season preview: The good, the bad, and the ugly, Futures, there is one economic report ahead of the open: CPI (E: 0.3%, 0.2%), weekly EIA data is due out at 10:30 a.m. ET, 10-Year Treasury Note Auction at 1:00 p.m. ET and more.

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Sevens Report Quoted in Market Watch on April 9, 2019

The Energy Information Administration report on U.S. petroleum supplies due Wednesday “will likely be the most-important catalyst for the energy market this week…” wrote analysts at the Sevens Report.