Jobs Report Preview
/in Investing/by Tom EssayeJobs report preview, is the AAPL decline an opportunity for value stocks?, futures are down more than 1% as AAPL sharply cut Q4 revenue guidance, economically UK Construction PMI and Euro Zone Money supply both slightly missed expectations and more.
More Growth Fears
/in Investing/by Tom EssayeThe Aussie-Yen points to further growth fears, S&P futures are tracking international shares lower to start the year this morning, the Chinese Caixin Manufacturing PMI Index fell 0.5% to 49.7 in December suggesting the world’s second largest economy is slipping into contraction. there is one economic report to watch: PMI Manufacturing Index and more.
2019 Market Outlook
/in Investing/by Tom Essaye2019 market outlook, weekly market preview, weekly economic cheat sheet (There are a lot of big reports this week), futures are higher on the final trading day of 2018, president Trump tweeted over the weekend that U.S./China trade talks were making “big progress,” raising expectations for a deal in early 2019 and more.
Sevens Report’s Tom Essaye quoted in CNBC on December 26, 2018
/in Investing/by Customer ServiceSevens Report’s Tom Essaye quoted in CNBC on December 26, 2018. His take on the market.
Valuation Update
/in Investing/by Tom EssayeValuation Update and a new “Fair Value” trading range, futures are extending the late Thursday gains, today investors will see if the year-end bounce can continue, there are a few economic reports including International Trade in Goods (E: -$75.7B), Chicago PMI (E: 62.4) and Pending Home Sales Index (E: 1.5%) but none of those should move markets materially and more.
Was that the Bottom? (Technical Update)
/in Investing/by Tom EssayeTechnical 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.
Year-end positioning and lackluster trading volumes
/in Investing, Reports/by Customer ServiceSevens Report President Tom Essaye believes year-end positioning and lackluster trading volumes—issues that will ease after New Year’s—are the real culprits behind the declines.