The main reason the European markets are down more than the U.S. is because Russia is a major trading partner with Europe…said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
Several companies cited higher costs as impacting profitability, furthering margin concerns…wrote Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
The yield has been rangebound between 1.46% and 1.54%. A move above that higher level could indicate the yield…writes Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
Futures are marginally higher following another night of…writes Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
Futures are slightly lower following a very quiet weekend of news as markets wait for…writes Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
“Today’s focus will be on the Employment…” writes Tom Essaye, founder of Sevens Report, before the jobs report emerged. Click here to read the full article.
Some have speculated that while the Federal Reserve has reiterated it is sticking with current policy for now, fast-recovering inflation could force it to reduce support. “Yesterday is likely the day that central banks began the long trip back…” wrote Tom Essaye, founder of Sevens Report Research, in a note. Click here to read the full article.
“Archegos Capital was unable to make margin calls last week which resulted in losses, and Nomura and Credit Suisse, and that’s causing some mild anxiety about more…” wrote Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
Tyler Richey of Sevens Report Research tells Barron’s that an ongoing short squeeze may also weigh on the broader market. In order to fund the ability to buy back stocks that were previously shorted, long-short hedge funds must sell existing holdings…Click here to read the full article.
But “President-elect Biden’s $1.9 trillion plan is being met by a “sell the news” reaction as markets already priced in most of what was included…” wrote Tom Essaye, founder of Sevens Report Research, in a note. Cyclical stocks, whose fate rests on the perceived health of the economy, had a strong Thursday in anticipation of Biden’s speech. Click here to read the full article.
