Sevens Report Chart of the Day by Analyst Tyler Richey
/in Investing/by Tom 2The S&P 500 is trading lower today, but remains above initial support at the 1963 level.
MoneyLife Interview: Tom Essaye Discussing the Outlook for the Economy.
/in Investing/by Tom 2MoneyLife Interview: Tom Essaye Discussing the Outlook for the Economy.
Sevens Report Chart of the Day by Analyst Tyler Richey
/in Investing/by Tom 2Copper futures sold off hard in pre-market trading and are now below support at the 50 day moving average. If prices can recover the 50 day MA by the close however, it will be bullish for the near term.
Sevens Report 7.16.14
/in Investing/by Tom 2Equities Market Recap Markets declined Tuesday as cautious comments from Fed Chair Yellen offset strong economic data, although stocks managed to close well off the worst levels of the day. The S&P 500 fell -0.2%. Tuesday initially started pretty well as futures were higher after several major companies beat earnings (GS, JNJ, CMA, JBHT, JPM) […]
Sevens Report 7.14.14
/in Investing/by Tom 2Equities Market Recap Stocks declined last week as soft global economic data led to a round of profit-taking in small caps and higher-beta sectors. The S&P 500 fell -0.90% and is up +6.45% year-to-date. Stocks traded lower last Monday mainly on European growth concerns after Erste Bank became the latest European bank to issue a […]
Sevens Report 7.11.14
/in Investing/by Tom 2Equities Market Recap Stocks closed in the red again Thursday on more European bank concern, but stocks were able to cut the losses nearly in half by the close. The S&P 500 closed down -0.41%. It was an ugly start to trading Thursday as more negative news from European banks combined with generally disappointing global […]
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