This week is very important for AI and tech
“This week is very important for AI and tech because MSFT, AAPL, AMZN, and META, all AI darlings, report earnings and if they post disappointing guidance, it will further erode AI enthusiasm and we could see this pullback continue,” Sevens Report’s Tom Essaye wrote on Monday.
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None of this pullback includes growth worries
None of this pullback includes growth worries, and that’s what we have to watch for to make this go from a pullback to something worse. I am still concerned about growth but the data over the past week has been ‘OK,” said Tom Essaye, founder of Sevens Report Research.
Oil futures appropriately popped in the wake of the release
Wednesday’s EIA report was “solid and oil futures appropriately popped in the wake of the release,” said Tyler Richey, co-editor at Sevens Report Research.
The market is just sort of drifting around
/in Investing, Reports/by Customer Service“The market is just sort of drifting around,” Sevens Report Research’s Tom Essaye told Barron’s in a phone interview.