Technical Market Update
Technical market update, two events to decide the year, weekly market preview, weekly economic cheat sheet (all about inflation this week), futures are surging and global markets are up 1%, there are no notable economic reports or Fed speakers today, so focus will remain on the tech sector and more.
Two Events to Decide The Year?
Today will be a typically quiet post-Thanksgiving Friday but there is an important economic report to watch: Composite Flash PMI (E: 54.8). Economic data has been more mixed lately, and a soft number here will fuel concerns the U.S. economy is losing momentum, futures are marginally lower as markets digest recent volatility following a mostly quiet Thanksgiving holiday and more.
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Sevens Report’s Tom Essaye appeared on Bloomberg Radio on November 19, 2018
Sevens Report’s Tom Essaye appeared on Bloomberg Radio on November 19, 2018. He joined Doug Krizner and Paul Allen on Daybreak Asia. His take on tech, markets and more.
Sevens Report’s Tom Essaye quoted in Nasdaq on November 20, 2018
Sevens Report’s Tom Essaye quoted in Nasdaq on November 20, 2018. His take on market delines, futures and more.
Sevens Report’s Tom Essaye quoted in CNBC on November 21, 2018
Sevens Report’s Tom Essaye quoted in CNBC on November 21, 2018. His take on market sentiment and interest rates.
Sevens Report’s Tom Essaye quoted in MarketWatch on November 21, 2018
Sevens Report’s Tom Essaye quoted in MarketWatch on November 21, 2018. His take on markets, VIX and more.
The Rotation Out of Tech Continues
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: The Rotation Out of Tech Continues