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Tom Essaye Interviewed by Yahoo Finance on July 1, 2021

Why a ‘too hot’ jobs number could spell trouble for markets.

As I said in my morning report, for the first time in years, I’m actually worried about a too…said Tom Essaye, founder of Sevens Report Research. Click here to read the full interview.

Tom Essaye Quoted in Bloomberg on June 14, 2021

From Copper to Corn, Markets Show Peak Inflation Fear Has Passed

Even though inflation metrics are high, the pressure is starting to come off and that leaves investors to say…said Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter. Click here to read the full article.

Tom Essaye Quoted in Barron’s on May 20, 2021

Virgin Galactic Soars, Merck Falls, and Stocks Are Down Again

“Futures are marginally lower as markets digested the slightly hawkish FOMC minutes,” writes Tom Essaye, founder of Sevens Report Research. Click here to read the full article.

Tom Essaye Quoted in CNBC on January 14, 2021

Tom Essaye, founder of The Sevens Report, said the proposal was “being met by a ‘sell the news’ reaction as markets already priced in most of what was included…” Click here to read the full article.

Tom Essaye

Tom Essaye Quoted in Oil and Gas 360 on November 3, 2020

“Ultimately, the markets, want clarity and the main threat to risk assets this week is the emergence of a contested election…” Tom Essaye, founder of The Sevens Report, wrote in a note. Click here to read the full article.

Tom Essaye Quoted in Deal Breaker on November 3, 2020

“Ultimately, the markets want clarity, and the main threat to risk assets this week is the emergence of a contested election, so if races are tight enough for campaigns…” Tom Essaye, founder of The Sevens Report, wrote in a note. Click here to read the full article.

Tom Essaye Quoted in CNBC on November 2, 2020

“Ultimately, the markets want clarity, and the main threat to risk assets this week is the emergence of a contested election, so if races are tight enough for…” Tom Essaye, founder of The Sevens Report, wrote in a note. Click here to read the full article.

Was the Fed a Bullish Gamechanger?

What’s in Today’s Report:

  • Was the Fed a Bullish Gamechanger? No, Here’s Why.
  • FOMC Takeaways
  • EIA Analysis and Oil Update

Stock futures are little changed this morning and international markets were mixed overnight amid quiet newswires as yesterday’s Fed decision was digested against a slew of bad corporate commentary so far this week.

Economically, U.K. Retail Sales were 0.4% vs. (E) -0.3% last month, helping the FTSE outperform ahead of the BOE Announcement due later this morning.

Today, the calendar is slightly busy in the morning with several economic reports scheduled to be released: Jobless Claims (E: 225K), Philadelphia Fed Business Outlook Survey (E: 4.4), and Leading Indicators (E: 0.1%), while no Fed officials are scheduled to speak.

That will leave the market primarily in digestion mode in the wake of the Fed and for stocks to meaningfully rally from here, we will need to see the yield curve steepen and the dollar continue to decline, otherwise, the S&P will have trouble breaking back above 2850.

Tom Essaye Quoted in CNBC on March 5, 2019

“On a valuation basis this market has risen to reflect a macro environment that is materially more positive than the one we currently have, and as a fundamentals-driven analyst, that makes me nervous over…” says Tom Essaye. Click here to read the full article.

Tom Essaye Appeared on The Ticker on Yahoo Finance on March 1, 2019

7 Macro ‘Ifs’ That Could Boost Markets

Tom interviewed with The Ticker’s Jackie DeAngelis on Yahoo Finance to discuss the 7 ‘ifs’ that would have to happen for markets to…Click here to watch the entire clip or click on the video below.