A New Prognosis from Dr. Copper?
Is Dr. Copper’s Prognosis for the Markets Just Change? This week’s copper breakout paused yesterday as stocks took a breather from their recent run higher and the dollar rallied…
Tyler Richey, co-editor of the Sevens Report Quoted in MarketWatch
“A firming dollar and sharply rising bond yields” were also reasons why gold saw such a big drop Thursday” said Tyler Richey, co-editor of the Sevens Report.
Why QT Matters to This Market
Why Quantitative Tightening matters to this market, Futures are flat, Japanese & EU flash manufacturing PMIs both fell below 50 in February, multiple media outlets reported a U.S./China trade deal is almost done and more.
Technical Tipping Point
Technical Update — We’ve reached the tipping point: The last few months have been a wild ride in the stock market. Beginning with the sharp “buyers’ strike” selloff into Christmas, followed by the whipsaw reversal back higher that resulted in…and more.
Valuation Update
Valuation Update – What will cause a further rally? Weekly market preview, updated economic outlook, Futures, US-China trade developments, British Labour Market Report and more.
Tom Essaye quoted in CNBC
“Markets always assumed the March 1 trade deadline was flexible, but this just confirmed it,” Tom Essaye, founder of The Sevens Report, wrote in a note. “Bottom line, the fundamentals are roughly balanced right now as there is…”
The bullish thesis for stocks is stronger now
/in Investing, Reports/by Customer ServiceTom Essaye, founder and president of the Sevens Report, says the bullish thesis for stocks is stronger now because all of the tests set up two weeks ago were passed.