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.

this week and last week in review, may 1

Last Week and This Week in Economics, May 1, 2017

The Sevens Report is everything you need to know about the markets by 7am each morning in seven minutes or less. Free trial at 7sReport.com. Economic data continued to underwhelm last week and the gap between soft sentiment surveys and actual, hard economic data remains wide, and that gap remains a medium term risk on […]

Political Update for Investors, April 27, 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. Trading yesterday was driven by multiple political-related headlines. Politics reasserted itself on the market narrative on Wednesday, helping stocks initially rally following renewed hopes for an […]

The Case for Europe, Updated

The Case for Investing in Europe (Updated), April 25, 2017

The Sevens Report is everything you need to know about the markets in your inbox by 7am, in 7 minutes or less. Get a free no-risk, no-credit-card required 2-week trial today and see how the world clicks into place after your daily Sevens Report. European indices and ETFs exploded to new 52-week highs yesterday following the expected French […]

Last Week and This Week in Economics, April 24, 2017

This Week/Last Week in Economics is a feature each Monday in the subscriber Sevens Report. Sign up for a totally free (no-credit-card required) two-week trial of the Sevens Report to get everything you need about the markets in your inbox by 7am each morning.   Last Week in Economics – 4.17.17 April economic data started […]

French Election

French Election: The Good, Bad & Ugly. April 21, 2017

This Sunday is the first round of voting in the French election, and the event has the potential to move markets depending on which two candidates come in first and second. Yet before getting into the expected results, I want to give some background on how the election works and who is running. How It […]

S&P Fails at Key Resistance

The S&P 500 tested but failed at an important downtrend resistance line on the daily chart yesterday, and that leaves the current path of least resistance lower until that technical level (2360) is violated on a closing basis.