Gasoline supplied was the most important figure in the release
Gasoline supplied was “the most important figure in the release as it is a key, high-frequency proxy for consumer gasoline demand and ultimately consumer sentiment and a gauge on general willingness to spend discretionary money,” said Tyler Richey, co-editor at Sevens Report Research.
Is Investor Sentiment Getting Too Bullish?
What’s in Today’s Report: Is Investor Sentiment Getting Too Bullish? Why the FOMC Minutes Weren’t Hawkish.
No relation to the recent geopolitical tensions
Analysts at Sevens Report Research wrote in Tuesday’s newsletter that the crash was deemed to be “an accident and had no relation to the recent geopolitical tensions between Iran and Israel, which allowed for some of the fear bids added on Friday ahead of the weekend to come unwound” at the start of Monday’s trading.
If Nvidia’s earnings are soft, you’ll see some weakness in tech
“I think if Nvidia’s earnings are soft, you’ll see some weakness in tech, especially, although I don’t think that a bad Nvidia earnings print carries with it the same danger that it would have seen in February or November,” Sevens Report Research’s Tom Essaye tells Barron’s.
How Important Is AI to This Market?
What’s in Today’s Report: How Important Is AI to This Market? Chart: Key Levels to Watch in NVDA Today
One of the worst possible investing environments for stocks and bond holders
March CPI report, as it represents “one of the worst possible investing environments for stocks and bond holders,” market commentary Sevens Report said in a recent note.
Why the Gaetz Withdrawal Sparked Yesterday’s Rally
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Why the Gaetz Withdrawal Sparked Yesterday’s Rally