Tom Essaye Interviewed with WPTV Channel 5 on January 6, 2020
Tom Essaye interviewed with WPTV Channel 5 to discuss getting rid of your credit card debt in 2020. Click here to watch the full video.
Tag Archive for: Sevens Report
Posts
Tom Essaye Quoted in MarketWatch on January 6, 2020
Tom Essaye, president of the Sevens Report, said in a Monday note to clients that the near 10% rally the S&P 500 pulled off in the fourth quarter of last year was driven by the idea that “the U.S.-China trade truce combined with global central bank easing (and specifically the Fed being very dovish) will result in a rebound in global growth…” Click here to read the full article.
Tom Essaye Quoted in U.S. News on January 3, 2020
With the Federal Reserve’s decision to leave interest rates unchanged and rates seemingly to remain low for now, fixed-income market watchers are reviewing their outlooks on the best places to invest now. Tom Essaye, the founder of Sevens Report Research, says in a research note that the Fed’s decision to consider “global developments and muted inflation pressures,” along with the U.S. economic…Click here to read the full article.
Tom Essaye Quoted in Yahoo Finance on January 2, 2020
“The whole infrastructure of the market is changing, for all of us, especially traders, dealing with this extreme short-term volatility is something we all have to get more used to. And, we have to somehow assimilate that into our trading plans and figure out how…” said veteran trader and Sevens Report Research founder Tom Essaye on Yahoo Finance’s “The First Trade.” Click here to read the full article.
Tom Essaye Interviewed with Yahoo Finance on December 31, 2019
Tom Essaye interviewed with Brian Sozzi and Jared Blikre from Yahoo Finance. Click here to watch the full interview.
Tom Essaye Quoted in CNBC on December 31, 2019
“The best-performing Q4 sectors are leading to the downside today, and that implies some short-term selling and people positioning before year-end. The market was very overbought at the end of last week. Nothing really…” said Tom Essaye, founder of the Sevens Report.
Tom Essaye Quoted in CNBC on December 23, 2019
“Stocks are grinding relentlessly higher into year-end on continued momentum from the positive resolution of four key events: A phase one trade deal, a dovish Fed…” Tom Essaye, founder of Sevens Report, said in a note on Monday.
Tom Essaye Quoted in Bloomberg Quint on December 3, 2019
Tom Essaye, a former Merrill Lynch trader who founded the Sevens Report newsletter, said he prefers ISM, but “the bottom line is both numbers are telling us that manufacturing activity is weak.”
Click here to read the full article.
Tom Essaye Interviewed with Channel 5 on November 3, 2019
Tom Essaye interviewed with WPTV Channel 5 discussing giving Tuesday. “The most important thing is do your research,” said Tom Essaye, a financial expert and founder of Sevens Report Research. “Before you reach into your wallet, do your research.” Click here to watch the full interview.
Why Have Stocks Dipped?
What’s in Today’s Report:
- Bottom Line: Why Have Stocks Dipped?
- OPEC Meeting Preview
S&P futures were tentatively higher overnight amid mostly quiet news flows until another trade war “tape bomb” triggered rapid risk-off money flows over the last hour.
Speaking in London before this week’s NATO meeting, President Trump said that he “had no deadline” for a trade deal with China and he thought it might be “better to wait until after the election” to make a deal.
The comments lower the odds that a “phase one” deal is agreed upon before the Dec. 15 tariffs are due to go into effect.
In the wake of Trump’s comments this morning, focus will remain almost exclusively on the trade war and any further comments by the U.S. or reaction by China will move markets.
As far as the calendar goes, there is one economic report to watch: Motor Vehicle Sales (E: 17.0M) and there are no Fed officials scheduled to speak today.