How Clients Should View Political Headlines

What’s in Today’s Report: How Clients Should View Political Headlines.

Still “a simmering” geopolitical fear bid in the global oil market

Tom Essaye, founder of the Sevens Report Research, said there is still “a simmering” geopolitical fear bid in the global oil market which is keeping futures above the $80-a-barrel level.

Tom Essaye Interviewed on Schwab Network

American Express (AXP) rises after beating earnings. The Sevens Report’s Tom Essaye and Morningstar’s Michael Miller discuss this as American Express’ 1Q revenue grew 11% year-over-year.

Bullish

Bull Market Warning From Dow Theory

What’s in Today’s Report: Dow Theory Update: Transports Rolling Over (Charts Included), Flash PMI Takeaways – Signs of Weakness.

data disappoint

How Nervous Are Investors Right Now?

What’s in Today’s Report: Sentiment Update – How Nervous Are Investors Right Now?

It’s very early in the quarter, but it’s not off to a great start

Sevens Report Research’s Tom Essaye told Barron’s that traders that have been worried about soaring tech valuations took the first wave of earnings reports as an opportunity to sell.

As you see people reducing tech exposure, you’re getting the whole gamut being sold

“As you see people reducing tech exposure, you’re getting the whole gamut being sold,” Essaye says.