Sevens Report Analysts Quoted on on July 17th, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Big Tech takes the stage

Sevens Report analysts: “At current levels, the S&P 500 has priced in 1) No hard landing, 2) Falling inflation and 3) A Fed that won’t be raising rates much longer (and possibly cutting soon after). That’s basically the best outcome anyone could have hoped for at the start of the year, and that means the gains in stocks are legitimate, but also likely exhausted in the near term and it’ll take something else to push stocks materially higher from here.” Click here to read the full article.