Was that the Bottom? (Technical Update)
Technical update, futures are lower and giving back about 1/3 of yesterday’s massive rally, the Trump administration is considering an executive order banning U.S. companies from using Huawei and ZTE products (both Chinese firms) and more.
More Unforced Errors
More unforced errors, stock futures are bouncing modestly this morning, news flows were mostly quiet over the last 48 hours however President Trump did make supportive comments regarding Secretary Mnuchin after he spooked markets Monday and continued to blame the Fed for the recent selloff and more.
Long Term Entry Point?
Why I’m buying some stock in my IRA today, weekly economic cheat sheet, weekly market preview, futures are seeing a modest oversold bounce, if there is a “reason’ for this modest bounce in futures it was the administration trying to reassure investors over the weekend and more.
Sevens Report’s Tom Essaye quoted in Bloomberg on December 2, 2019
Sevens Report’s Tom Essaye quoted in Bloomberg on December 2, 2019
Sevens Report’s Tom Essaye quoted in The Wall Street Journal on December 12, 2018
Sevens Report’s Tom Essaye quoted in The Wall Street Journal on December 12, 2018
Sevens Report’s Tom Essaye quoted in Barron’s on December 12, 2018
Sevens Report’s Tom Essaye quoted in Barron’s on December 12, 2018.
The Rotation Out of Tech Continues
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: The Rotation Out of Tech Continues