The market is just sort of drifting around

“The market is just sort of drifting around,” Sevens Report Research’s Tom Essaye told Barron’s in a phone interview.

Why Stocks Dropped (What We’ve Been Worrying About)

What’s in Today’s Report: Why Stocks Dropped (What We’ve Been Worrying About) and Jobs Day (Updated Preview).

What the Fed Decision Means for Market (Tailwind, For Now)

What’s in Today’s Report: What the FOMC Decision Means For Markets (Tailwind, For Now)

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Markets could get a bit ugly given recent tech weakness

“If the Fed does not signal a September rate cut, markets could get a bit ugly given recent tech weakness — especially if earnings underwhelm,” said Tom Essaye at The Sevens Report.

We’re staring at big catalysts

“There was not much going on yesterday and there isn’t a ton going on today, either,” Sevens Report Research’s Tom Essaye told Barron’s. “And we’ve had sort of big moves in the market, and we’re staring at big catalysts.”

I don’t think the market is really doubting the whole AI story

I don’t think the market is really doubting the whole AI story at this point, Sevens Report Research’s Tom Essaye told Barron’s

Technical Levels to Watch Today and Jobs Report Preview

What’s in Today’s Report: Technical Levels to Watch in the Wake of the Fed and Jobs Report Preview.