An Old Wall Street Indicator
Why an “Old Wall Street Indicator” isn’t so optimistic this year, Citi’s bullish call on copper, futures are trading higher with EU shares this morning earnings, today, there is one economic report to watch: ISM Non-Manufacturing Index (E: 57.1) and there are no Fed officials scheduled to speak and more.
Tom Essaye quoted in CNBC
Tom Essaye quoted in CNBC on February 4, 2019. “Part of the reason that the market reacted so positively to the earnings is because expectations had fallen into this earnings season. From a sentiment perspective, it was definitely better than…” Read the full article here.
What’s Next for Markets
Why we still think stocks are in a trading range (and we’re near the top), two indicators that would make us more bullish on stocks, weekly market preview, weekly economic cheat sheet and more.
Sevens Report’s Tom Essaye quoted in MarketWatch
Sevens Report’s Tom Essaye quoted in MarketWatch on February 1, 2019. His take on the latest jobs report and it’s effect on market.
U.S./China Trade Update
U.S./China trade update (what’s expected now and what it means for markets), futures are slightly lower as disappointing economic data offset U.S./China trade optimism, today focus will be on the jobs report but the ultra-dovish Fed has taken some of the impact away from this report and more.
Sevens Report’s Tom Essaye appeared on Yahoo Finance on January 31, 2019
Sevens Report’s Tom Essaye appeared on Yahoo Finance on January 31, 2019. My take on the Fed being dovish yesterday.
The Rotation Out of Tech Continues
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: The Rotation Out of Tech Continues