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.

S&P 500 Tests MMT Resistance

What’s in Today’s Report: S&P 500 tests “Better If” MMT target, Economic data takeaways, and the ECB has more work to do on inflation.

Fed Decision Takeaways

What’s in Today’s Report: What the Fed decision means for markets, FOMC decision takeaways, Oil update and more…

FOMC Preview (Watch the Dots)

What’s in Today’s Report: FOMC preview (Watch the dots),Why yesterday’s CPI boosted the “Growth On” trade, and more…

CPI Preview (Good, Bad & Ugly)

What’s in Today’s Report: CPI Preview (Good, Bad & Ugly), Relative Strength from Regional Banks? And more…

Sevens Report Co-Editor Quoted in MarketWatch on June 9th, 2023

Prices had started the week moving higher after Saudi Arabia said it would cut…said Tyler Richey, co-editor at Sevens Report Research.

Tom Essaye Interviewed by Yahoo Finance on June 6th, 2023

Not only is demand an issue, but also we have Russia basically pumping as much oil as they possibly can, whatever their…said Tom Essaye.