“The staples are actually poised to be in a pretty good spot,” said Tom Essaye, founder of the Sevens Report. He said he thinks positive but slowing economic growth could continue to benefit the group. Click here to read the full article.
Health care—the best-performing sector last year—is the worst-performing group in the S&P 500 this year. “The jury is still out on health care, earnings season isn’t going to provide enough clarity to…” Click here to read the full article.
Tyler Richey, co-editor at Sevens Report in Palm Beach Gardens, Fla., said President Trump’s Twitter post last week saying oil prices were “getting too high,” and telling OPEC not to reduce production too much, will continue to work as a bearish counterweight to OPEC. “Trump’s tweet targeting OPEC+ policies from last week is still simmering…” Click here to read the full article.
Sevens Report’s Tom Essaye quoted in The Wall Street Journal on December 12, 2018. Read the full article here.
“If next week’s data comes in firm and shows us that this economy isn’t losing momentum, then that will likely provide a big confidence boost to stocks, and could help support a rebound,” said Tom Essaye, president of the Sevens Report.
Read the full article here.