Tom Essaye on Closing Bell Exchange: Will yields continue to move lower?
/in Investing/by Tom 2Discussing interest rates and whether equities are still attractive, with Margie Patel, Wells Fargo Funds Management; Anthony Chan, Chase; Sam Stoval, S&P Capital IQ; Tom Essaye from Seven’s Report.
Stock Market Today: An Early Earnings Update
/in Investing/by Tom 2Near the top of the influence list for the stock market today, and for the rest of the global financial markets today, as well as for the rest of the week, is the slew of big-time corporate earnings on tap. In fact, the market today will get earnings from Dow Jones Industrial Average component Microsoft […]
Stock Market Today: How to Buy the ECB QE
/in Investing/by Tom 2By far the biggest event in the stock market today, not only for the Dow Jones Industrial Average and the S&P 500, but also for the currency, bond and international financial markets today, was the European Central Bank’s (ECB) move to issue even more “QE” than even the most optimistic bulls had anticipated. In fact, […]
Stock Market Today: Is Oil Following the Natural Gas Playbook?
/in Investing/by Tom 2One of the most notable oil “bullish” memes floating around the trading pits is all about declining rig counts in the United States, and how the falling number of drilling operations is a “game changer” for the oil markets that ultimately will lead to a bottom in energy prices. That meme, however, is simply not […]
Stock Market Today – A Very Important Week Ahead
/in Investing/by Tom 2Although nearly every week is replete with news, economic events and all manner of market-moving headlines, not all weeks are created equal. This week is, in fact, the first really important macro-economic week of 2015, and while there aren’t a huge number of economic events, what we do have on tap is extremely important. Obviously, […]
The World Bank Slashes Growth, and Traders Thrash Copper
/in Investing/by Tom 2The World Bank thinks global growth will be slower than originally estimated. On Tuesday, the lender issued its semiannual Global Economic Prospects report, and for global growth bulls the outlook wasn’t very encouraging. For 2015, the global economy is estimated to expand by 3%, which is down from a projected 3.4% growth rate in June. […]
Why the Gaetz Withdrawal Sparked Yesterday’s Rally
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Why the Gaetz Withdrawal Sparked Yesterday’s Rally