“Trade war concerns are being offset by positive comments on the global economy by both Fed Chair Powell and OPEC’s Secretary General Barkindo…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“It’s a fair critique of corporate earnings to say that earnings “growth” in 2019 is a bit deceptive as the value is being financially engineered by corporate finance departments, not organic, core-business growth. Companies aren’t making any more money than…” wrote Tom Essaye, president of the Sevens Report, in a Wednesday note to clients. Click here to read the full article.
Whether or not the performance of these cyclical stocks trading at cheap valuations can continue to lead the market depends on whether faith in an accelerating economy is correct. Tom Essaye, president of the Sevens Report, is not ready to endorse this view just yet. “In the last few days there have been hints of stabilization in the growth data, but just hints…” he wrote in a Tuesday note to clients. Click here to read the full article.
Meanwhile, the natural-gas market is “at the point in the year where the weather forecasts tend to take control…as speculators bet on how temperature trends will affect demand and ultimately supply levels,” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
The “dismal durable goods number is helping boost gold prices as recession fears are again on the rise,” said Tyler Richey, co-editor at Sevens Report Research…Click here to read the full article.
“Those comments about Saudi oil production and capacity by Al-Buainain were certainly a bearish catalyst for today’s price weakness. Speculation that production would be back online much quicker than initially thought was the main driver of…” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch. Click here to read the full article.
“The S&P 500 has now fully retraced the August pullback, and in doing so has priced in a lasting U.S.-China trade truce and aggressive [global] central bank easing…” wrote Tom Essaye, president of the Sevens Report in a Thursday note to clients. Click here to read the full article.
“Bolton is a known foreign policy hawk and, apparently, he and President Trump’s views began to diverge over time. Part of that very well could be that Trump’s keenly…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“The two most beat-up sectors in the August pullback (energy and financials) both rebounded hard yesterday and…” wrote Tom Essay, president of the Sevens Report, in a Tuesday note. Click here to read the full article.
“The trade war remains the market’s main focus and with new tariffs going into effect over the [past] weekend, investor sentiment towards U.S.-China relations are continuing to deteriorate…” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch. Click here to read the full article.
