Amid news of a successful Covid-19 vaccine, the S&P 500 making a run to the 3,900 level is possible, according to editor of the Sevens Report, Tom Essaye. “It is materially bullish for stocks in the near term…” Essaye told clients. Click here to read the full article.
“Ultimately, the markets, want clarity and the main threat to risk assets this week is the emergence of a contested election…” Tom Essaye, founder of The Sevens Report, wrote in a note. Click here to read the full article.
Stock investors may be in something of a “post-election fog” or a “drunken euphoria” about an apparent quick conclusion to the presidential race but may also be repricing expectations for economic growth, says Tom Essaye, director of Sevens Report Research. Click here to read the full article.
Tom Essaye, founder of The Sevens Report, also sees plenty of upside despite unclear vote totals.
“News of a contested election could cause a sharp drop in stocks in the very short term, …” he said. Click here to read the full article.
“Ultimately, the markets want clarity, and the main threat this week is the emergence of a contested…” Tom Essaye, founder of The Sevens Report and a stock market analyst, wrote in a note. Click here to read the full article.
“If the race is decided by the verdict in a single state … and the margin is close (less than 1%), then both the Biden and Trump campaigns will send lawyers…” wrote Tom Essaye, president of The Sevens Report. Click here to read the full article.
“Ultimately, the markets want clarity, and the main threat to risk assets this week is the emergence of a contested election, so if races are tight enough for campaigns…” Tom Essaye, founder of The Sevens Report, wrote in a note. Click here to read the full article.
“Ultimately, the markets want clarity, and the main threat to risk assets this week is the emergence of a contested election, so if races are tight enough for…” Tom Essaye, founder of The Sevens Report, wrote in a note. Click here to read the full article.
Tom Essaye of Sevens Report thinks a Biden win could bring major benefits for all cruise stocks, including Royal Caribbean, according to a report by Benzinga. Essaye sees the possibility of cruise lines cashing in on a possible $5 trillion Biden stimulus package in the short term, and that in the longer term, “re-opening travel to Cuba would be another positive…” Click here to read the full article.
“Earnings are heating up and they are generally coming in healthy and better than expected. But with the stimulus saga dragging on and the election…” Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter, wrote in a note. Click here to read the full article.
