5 Macro Risks Keeping Stocks Down
/in Investing/by Tom 2Markets by their very nature are risky, but sometimes the macro risks are bigger and more dangerous than the bulls can handle. As we kickoff 2015, I see five big macro headwinds facing stocks—headwinds that are likely to limit upside at least in the near term. In order of near-term importance, they are: 1) What […]
Tom Essaye Featured in Forbes.com – Stocks Struggling To Break Free Of Oil’s Slide
/in Investing/by Tom 2By Steve Schaefer at Forbes.com It’s oil’s market, stocks are just living in it. That’s the most common takeaway from the first few trading days of 2015, as the months-long punishing of oil prices and energy stocks keeps broader market averages mired in negative territory. If oil, junk bonds and the ruble are rolling over, […]
4 Hedges for the Systemic Oil Problem
/in Investing/by Tom 2The plunge in oil prices has been a big scare for the markets, particularly since early December. As of this writing (Jan. 8), the cost of a barrel of Brent crude oil had fallen below $50, a key support line that could lead to accelerated selling from spooked traders. The selling in the oil patch […]
Your Weekly Economic Update
/in Investing/by Tom 2Below is an excerpt from the “Economic Section” of the Sevens Report originally released on 12.29.14 Economic Update Last Week There were two key takeaways from last week’s economic data: First, the U.S. consumer re-emerged in the 2nd and 3rd quarters of 2014, and was the main driver of growth in the U.S. economy during […]
Greek Election Update: Is The EU Preparing for a Grexit?
/in Investing/by Tom 2Greek Election Update (Originally Released 12.29.14) The biggest event of this holiday week has already come and gone, as the Greek Parliament failed to elect a President and there will not be general elections in early February. PM Samara’s gamble has failed, and as of this writing the Athens stock market is down 11% and […]
Financial Newsletter: Stock Market Closes Higher, Energy Stocks Underperform
/in Investing/by Tom 2Equities (originally released to subscribers on 12/23/2014) Market Recap Stocks drifted higher to start the week yesterday, modestly extending last week’s gains despite declines in energy stocks. The S&P 500 added 0.38%. Futures were higher before the open yesterday as they rallied in sympathy with global shares, which were broadly higher on ECB stimulus hopes […]
Jobs Day
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Jobs Day, Key VIX Levels to Watch.