Going forward, investors should monitor the 10-year Treasury yield to see if it goes above 1.74%, wrote Tom Essaye, founder of Sevens Report Research in a note. That’s the bond’s recent closing high, “and if the 10-year yield breaks those levels we can…” Essaye wrote. Click here to read the full article.
Additionally, sentiment is positive as vaccinations in the U.S. and around the world continue. On Monday, the Dow closed with an over 374 point gain or 1.13%. Tom Essaye, the founder of Sevens Report Research, stated that “futures are modestly higher on momentum from…” Click here to read the full article.
“On Saturday, the Treasury Department stated it’s not considering blocking Chinese companies from listing on U.S. exchanges ‘at this time,’ refuting the Bloomberg story from Friday, which caused the declines in stocks…” wrote Tom Essaye, president of the Sevens Report, in a note to clients. Click here to read the full article.
“Futures are flat and international shares were mildly higher overnight as yesterday’s sizeable rally in the U.S. was…” Click here to read the full article.
“We need global growth to stabilize to help propel stocks higher from here. The currency and bond markets continue to flash large and…” Tom Essaye, founder of The Sevens Report, said in a note. Click here to read the full article.
Sevens Report’s Tom Essaye quoted in Barron’s on December 12, 2018. Read the full article here.