Massive rotation from tech and tech related sectors

Bottom line, this massive rotation from tech and tech related sectors was caused primarily by investors positioning for a rate cutting cycle and secondarily by anticipation for a Trump administration and negative tech news,” writes Sevens Report’s Tom Essaye.

Hawkish Central Bank Surprises Bolster Recession Fears

What’s in Today’s Report: Hawkish Central Bank surprises bolster recession fears, Jobless Claims remain elevated, and more…

Tom Essaye Quoted in Forbes on June 20th, 2023

At that price, the S&P is aggressively pricing in a lot of good things occurring and virtually zero…Sevens Report analyst Tom Essaye wrote.

Earnings Disappointments Rekindle Economic Worries

What’s in Today’s Report: Earnings disappointments rekindle economic worries, What strong housing starts mean for markets and more…

Graphs

Hard vs. Soft Landing Scoreboard Update

What’s in Today’s Report: Hard vs. Soft Landing Scoreboard update (Cracks emerging), Commodities and oil update, and more…

Updated Market Outlook

What’s in Today’s Report: Updated market outlook – Markets price in “Economic Nirvana” based on valuations, and more…

Sevens Report Co-Editor, Tyler Richey, Quoted in Morningstar on June 15th, 2023

That suggests that the trend in gasoline demand is one that is increasing, and that…said Tyler Richey, co-editor at Sevens Report Research.