Tyler Richey on Barrons, October 12, 2018
Winter 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
“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?
Today 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
Tom 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
Sell 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.
Another Breaker Tripped
Today, we get our first of two notable inflation figures this week: PPI (E: 0.2%) as well as Wholesale Trade (E: 0.8%) and there are two Fed speakers to watch: Evans over the lunch hour (12:15 p.m. ET) and Bostic after the close (6:00 p.m. ET).
Sentiment Update: Bullish Enthusiasm Reduced, But Not Eliminated
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Sentiment Update: Bullish Enthusiasm Reduced, But Not Eliminated