Fundamentals are positive, they still don’t justify current valuations
/in Investing, Reports/by Customer ServiceWhile the fundamentals are positive, they still don’t justify current valuations — making the market vulnerable to a negative surprise…according to Tom Essaye, founder of the Sevens Report.
Hawkish central-bank policy is bad for the oil market
/in Investing, Reports/by Customer Service“Hawkish central-bank policy is bad for the oil market, because high interest rates over time act as a steady headwind…Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.
Retail Sales Is The Next Big Number
/in Investing, Reports/by Customer Service“Retail sales is the next big number and then we’ll go from there,” Sevens Report Research’s Tom Essaye told Barron’s.
The CPI release didn’t counter existing market narratives
/in Investing, Reports/by Customer ServiceSevens Report Research’s Tom Essaye told Barron’s in a phone interview that while the headline figure didn’t meet expectations, the numbers didn’t counter existing market narratives.
The initial market reaction to the CPI release was a hawkish one
/in Investing, Reports/by Customer ServiceThe initial market reaction to the CPI release was “a hawkish one, which saw oil prices decline to session lows,” said Tyler Richey, co-editor at Sevens Report Research.
How oil futures close out the week today will largely depend on how investors digest today’s jobs data
/in Investing, Reports/by Customer ServiceHow oil futures close out the week today will largely depend on how investors digest today’s jobs data. If it is more ‘market-friendly…analysts at Sevens Report Research said in a note.
Renewed Rotation Risks (Smart Money Is Getting Defensive)
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Recent Sector Performance Points to Smart Money Getting Defensive