The bullish thesis for stocks is stronger now

Tom 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.

Weekly market cheat sheet

Weekly Market Cheat Sheet, August 7, 2017

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James and more… see if The Sevens Report is right for you with a free two-week trial. Last Week in Review Friday’s jobs report caused a mild reversal of the week’s long downtrend in yields and the dollar, […]

Is the Earnings Rally Losing Steam?

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James and more… see if The Sevens Report is right for you with a free two-week trial. Earnings have been an unsung hero of the 2017 rally, but there are some anecdotal signs that strong earnings may already […]

Goldilocks Jobs Report Preview, August 3, 2017

Goldilocks Jobs Report Preview: What Will Make the Report too Hot, too Cold, or Just Right? What a difference a month makes. For June’s jobs report, we were equally worried about a “Too Hot” report sending bond yields materially higher, and a “Too Cold” report implying a loss of momentum in the jobs market. Now, […]

Are Banks About to Break Out?

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James and more… see if The Sevens Report is right for you with a free two-week trial. Banks were again the highlight, as BKX rose 0.83%, and that pulled the Financials SPDR (XLF) up 0.72%. The bank stock […]

Weekly Market Cheat Sheet, July 31, 2017

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James and more… see if The Sevens Report is right for you with a free two-week trial. Last Week in Review Data has been remarkably consistent the last few weeks, including last week: “OK” but not great economic […]

What Caused The Mid-Day Selloff?

Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James and more… see if The Sevens Report is right for you with a free two-week trial. The most likely “cause” of the midday reversal and selloff (which frankly looked ugly for an hour or so) was a cautious […]