Last Week and This Week in Economics, March 27, 2017
/in Investing/by Tom Essaye“Last Week and This Week in Economics”—an excerpt from today’s Sevens Report: everything you need to know about the markets in your inbox by 7am, in 7 minutes or less. For all of 2017, better-than-expected economic data has helped to offset the decreased likelihood of pro-growth policies from Washington, and that continued last week as what little economic data […]
Tom Essaye on “The Bell” Podcast with Danielle Dimartino, author of FED UP
/in Investing/by Tom EssayeThanks to Adam Johnson of BullseyeBrief.com for having me on “The Bell” podcast. This week we talked about oil, the healthcare bill, and the seemingly endless rise of stocks. We were also joined by author Danielle Dimartino, who told us a little bit about her new book FED UP, which talks about some major flaws she noticed during her […]
S&P 500 Price Action Remains Bearish for Now
/in Investing/by Tyler RicheyThe S&P has consolidated Tuesday’s selloff over the last two session as focus has been on the Healthcare vote. But technically speaking, price action will remain bearish until futures can reclaim the 2350 resistance area.
Healthcare Vote: Macro and Micro Implications, March 23, 2017
/in Investing/by Tom EssayeJoin 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. The healthcare vote in the House later today will have an effect on stocks in the short and long term, regardless of the outcome, so I […]
Gold Rally Pauses at Key Resistance
/in Investing/by Tyler RicheyThe post-FOMC gold rally met resistance between $1250 and $1255 yesterday as both the dollar and stocks stabilized over the course of the day. Breaking to fresh highs is critical for the 2017 gold rally to remain in tact.
A Potential Warning Sign from Dow Theory, March 22, 2017
/in Investing/by Tom EssayeAn excerpt from today’s Sevens Report (the Sevens Report is everything you need to know about the markets, in your inbox by 7AM in 7 minutes or less). The price action this week has made us more cautious on this market from a technical standpoint (we’ve been cautiously positive fundamentally for some time). And the […]
Contrarian Opportunity in Chinese Tech (3 ETFs)
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Can Singles’ Day and Stimulus Offset Concerns in Chinese Stocks?