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.

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A Tale of Two Trades

What’s in Today’s Report: A tale of two trades, Jobless Claims data hits fresh highs, Fear and Greed Index update, and more…

What the BOC Rate Hike Means for U.S. Interest Rates

What’s in Today’s Report: What the BOC rate hike means for U.S. interest rates, Yesterday’s market recap, and more…

Market Multiple Levels: S&P 500 Chart

What’s in Today’s Report: Market Multiple Levels: S&P 500 chart (Unbranded PDF available), and Why did Small Caps surge?

Tom Essaye Quoted in Barron’s on June 5th, 2023

Economically, global service PMIs were mixed as the euro zone service PMI missed expectations, while the U.K. and…noted Tom Essaye.

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Market Multiple Table: June Update

What’s in Today’s Report: Market Multiple Table – June update, ISM Services PMI takeaways, Yesterday’s market recap and more…

Tom Essaye Quoted in Yahoo Finance on May 31st, 2023

Yes, AI does have great potential and it does appear to be the ‘next big thing’. But I don’t see how that promise can…wrote Tom Essaye.