“All the bluster did not change in a significant way to the perspective of the actions, since the markets were still waiting (and finally received) the stimulus…”, points Tom Essaye, founder of The Sevens Report, as collected CNBC. Click here to read the article.
Still, there exists some probability of a bear market. Factors that could send stocks south include the emergence of a vaccine-resistant, Covid-19 strain, or other bad news on the vaccine front, Tom Essaye, founder of Sevens Report Research, wrote in a Monday research note…Click here to read the full article.
“Investors continue to weigh stimulus hopes against negative pandemic developments,” Tom Essaye, a former Merrill Lynch trader wrote to clients. “Markets have aggressively priced in a lot of positive resolution to these…” Click here to read the full article.
Despite Trump’s implied veto threats, not everyone was so worried. Per CNBC, Tom Essaye, founder of the Sevens Report, wrote “all the bluster neither significantly changed…” Click here to read the full article.
The market rally we’ve seen over the past few weeks has been driven by five factors, Tom Essaye, founder of Sevens Report Research, explained in a note Monday. Stimulus from the Federal Reserve…Click here to read the full article.
“All the bluster neither significantly changed to outlook for stocks, as markets still expected (and ultimately received) stimulus of a minimum…” wrote Tom Essaye, founder of The Sevens Report. Click here to read the full article.
Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report,” warned clients Tuesday that share prices are also at risk of falling if the Fed disappoints. U.S. stocks are poised to open higher after a four-day slump, index futures…Click here to read the full article.
Nancy Pelosi said last week that negotiations over a coronavirus stimulus package could run through the holiday period, but this is too late according to some analysts. “At this point, markets have priced in and are expecting stimulus near term, so if that…”, said analyst Tom Essaye. Click here to read the full article.
“At this point, markets have priced in and are expecting stimulus near term, so if that really does not…” for risk assets, wrote Tom Essaye, founder of The Sevens Report. Click here to read the full article.
Semiconductor giant Micron’s (MU) upbeat guidance last week for its most recent quarter was a buy signal on tech stocks, Sevens Report Research founder Tom Essaye says.
“Semiconductors have been on fire and not just from momentum…” Essaye explained. Click here to read to read the full article.
