Updated Market Outlook Post Pullback
/in Investing/by Tom EssayePutting the Pullback In Context (We’ve Seen Something Similar Twice This Year): Today focus will turn towards economic data, futures are moderately lower, nothing outright negative occurred over the weekend to cause the resumption of selling and more.
Tyler Richey on Barrons, October 12, 2018
/in Investing/by Customer ServiceWinter Is Coming and Natural Gas Supplies Are Already Short – Tyler Richey, co-editor of commodity research provider of Sevens Report on Barrons and his take on this.
Tyler Richey’s take on Natural Gas Supplies on MarketWatch, October 12, 2018
/in Investing/by Nidhi Maniar“Supplies in storage “have fallen out of the five-year maximum-minimum range as stockpiles did not build as fast as most analysts had expected this summer,” says Tyler Richey co-editor of Sevens Report.
Is This the Fed’s Fault?
/in Investing/by Tom EssayeToday we get bank earnings and JPM already released results and beat estimates, while we wait for WFC (E: $1.17) at 8:00 a.m. Economically we get Consumer Sentiment (E: 99.5) and there are two Fed speakers, Evans (9:30 a.m. ET) and Bostic (12:30 p.m. ET) but none of that should move markets.
Tom Essaye on Bloomberg Radio – October 10, 2018
/in Investing/by Customer ServiceTom Essaye, Founder of The Sevens Report, joined Bryan Curtis and David Ingles on Daybreak Asia, reacting to today’s U.S. equity sell off.
Sell Off: Why It Happened and What’s Next
/in Investing/by Tom EssayeSell Off Takeaways: Why We Don’t View It as a Bearish Gamechanger (Yet). Futures are sharply lower as global markets dropped following the Wednesday rout in U.S. stocks, today the key event is the Core CPI report (E : 0.2% m/m, 2.3% y/y) out this morning. This release is even more important than before because if it prints “hot” (core CPI above .4% m/m) that will add to the concern that the Fed is going to get more hawkish and that will add another source of pressure on stocks, which we obviously don’t need right now. Conversely, if this number is inline of a little light, that could provide a catalyst for markets to try and stabilize 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