A near-term technical signal of potential exhaustion in the latest leg higher in stocks.
Tom Essaye, publisher of Sevens Report Research, described this turnaround as “a near-term technical signal of potential exhaustion in the latest leg higher in stocks.”
The meme stock rally hints at a lingering complacency amongst investors
The meme stock rally “hints at a lingering complacency amongst investors,” Sevens Report founder Tom Essaye wrote to clients Tuesday.
Even after the revisions, the data was really mostly in line.
But Sevens Report Research’s Tom Essaye told Barron’s in a phone interview that even after the revisions, the data was really mostly in line.
“Good, bad and ugly” outcomes for the April consumer-price index reading.
Tom Essaye, founder of Sevens Report Research, took a look Tuesday at potential “good, bad and ugly” outcomes for the April consumer-price index reading.
Even a small bout of stagflation would result in a 10%-20% decline in stocks
“Stagflation doesn’t have to be as bad as it was in the 1970s, but for a stock market that’s trading above 21 times earnings, the truth is that even a small bout of stagflation would result in a 10%-20% decline in stocks,” said Tom Essaye, founder of Sevens Report Research, in a Monday note.
Advisor Considerations of the “T+1” Settlement Change
What’s in Today’s Report: Practice Management Update: Examining the Upcoming Move to T+1 Settlement
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