Stock Market Update: 7/11/2016
Stocks surged last week thanks almost entirely to the post-jobs-report Friday rally. The S&P 500 rose 1.28% on the week, and is up 4.21% year to date, and now is within a few points of its all-time high. Despite the gains, the week started with some volatility as the S&P 500 dropped 1% Tuesday following […]
Boring But Important: Italian Banks
Since the Brexit vote we’ve been focused on watching European banks, as they will tell us when potential anti-EU political contagion morphs into actual financial contagion (which would be a bearish game changer). And while far from an “all clear,” there have been a few positives for European banks last week. First, the SX7P, the […]
How Brexit Will Move Markets (Stocks, Bonds & the Dollar)
Many subscribers to the Sevens Report have been asking: What Will Make Brexit Good, Bad and Ugly Why a “Remain” Vote May Not Be A Positive for Stocks How Stocks, Bonds and the Dollar Will React Depending on the Vote How to Protect Portfolios and Seize Opportunities Regardless of the Outcome. Brexit Preview: Good, […]
Why the Yield Curve Matters to Your Clients
When you started in this business, did anyone sit you down and explain that watching things like the “10’s minus 2’s Spread” could help predict economic slowdowns and potentially avoid stock markets declines? Me either. I learned it the hard way – through being an execution trader and later a buy side portfolio manager through […]
Weekly Economic Cheat Sheet 12.28.15
Last Week Data was sparse last week but the reports that did come were lack luster and while none of them are enough to increase concerns over the pace of the US economy, it is an undeniable point that data has underwhelmed lately, and that’s especially notable given the Fed just hiked rates. The highlight […]
Weekly Economic Cheat Sheet 12.21.15
Last Week Last week was historic as the Fed hiked rates for the first time in nearly a decade, but it wasn’t fully the “Dovish hike” investors were hoping for. So, between new uncertainty surrounding the path of future rate hikes and worsening manufacturing indices, the economic outlook for the market did not materially improve. […]
The Rotation Out of Tech Continues
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: The Rotation Out of Tech Continues