Posts
Tom Essaye Quoted in Bloomberg Quint on December 3, 2019
/in Investing/by Customer ServiceTom 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
/in Investing/by Customer ServiceTom 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?
/in Investing/by Tom EssayeWhat’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.
Tom Essaye Quoted in ETF Trends on November 26, 2019
/in Investing/by Customer Service“The market still expects a phase one deal that (most importantly) removes the threat of any further escalation in the trade war. But unless there is a material positive surprise, phase one is not going to include material existing tariff reductions…” said Tom Essaye, founder of The Sevens Report, in a note.
Tom Essaye Quoted in CCN on November 22, 2019
/in Investing/by Customer ServiceTom Essaye of Sevens Report Research told CNBC that a sizeable crash could be coming for the stock market if talks devolve: If there’s not a China trade deal, you are going to see the S&P 500 go down 10% in a heartbeat. It’s going to fall fast. If the talks collapse this time…Click here to read the full article.
Tom Essaye Quoted in Invest Records on November 11, 2019
/in Investing/by Customer Service“Stocks hit fresh new highs last week on a familiar theme: Positive chatter/headlines on phase one of a U.S./China trade deal, while earnings and global data…” wrote Tom Essaye, president of the Sevens Report, in a Monday note to clients. Click here to read the full article.
Tom Essaye Quoted in CNBC on October 18, 2019
/in Investing/by Customer Service“If corporate earnings show signs of resilience, especially by the U.S. consumer, then a run to new highs is by no means out of the question,” Tom Essaye, founder of The Sevens Report, said in a note…Click here to read the full article.
Tom Essaye Quoted in Yahoo Finance on September 27, 2019
/in Investing/by Customer Service“The fact that the repos are still ongoing is a bit troubling for me. It makes me think that the Fed somehow or other has misjudged the liquidity needs…” Tom Essaye, who publishes investment newsletter The Sevens Report, told Yahoo Finance’s The First Trade. Click here to read the full article.
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