“I think the market has priced in that April is probably the worst of the economic data,” explained Sevens Report Research founder Tom Essaye. “While it looks like the worst is behind us — which is great — we need to start to see…” Click here to read the full article.
Futures prices traded in contango last month, when the May contract settled negative ahead of its expiration, but the move into backwardation “shows that there is both strong demand for physical crude…” says Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“A vaccine would be a bullish game changer, and stocks reacted accordingly,” Tom Essaye, author of “The Sevens Report” newsletter, wrote in a note. “But one day doesn’t make a sustainable…” Click here to read the full article.
“You’re seeing companies adapt and that’s exactly what’s going to have to happen in this economy,” financial expert Tom Essaye said. “The state could open tomorrow, but that doesn’t necessarily mean people will flock to restaurants, the mall and bars…” Click here to read the full article.
Tom Essaye interviewed with WPTV Channel 5 discussing entrepreneurial ventures see increase in demand amid COVID-19. Click here to watch the full interview.
“The oil market is sending a bold warning that economic growth may not recover nearly as quickly as some equity investors would hope…” wrote Tom Essaye, president of the Sevens Report, in a Tuesday note to clients. Click here to read the full article.
“This will be a unique earnings season,” Tom Essaye, a former Merrill Lynch trader who founded the “Sevens Report” newsletter, wrote in a note. “But it remains critically important because it’ll give us microeconomic insight into the question of ‘How bad is the damage?’…Click here to read the full article.
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