The residual rancor from the presidential election nevertheless has bled into hopes for a fourth stimulus package, according to Tom Essaye of the Sevens Report. He added that “the looming Georgia [Senate] runoffs complicate…” Click here to read the full article.
Stocks extended gains Friday afternoon as the three major averages ended the week on a high note. Tom Essaye, Sevens Report Research Founder joined Yahoo Finance’s Jared Blikre, Seana Smith, and Adam Shapiro to break down market actions on Yahoo Finance Live. Click here to watch the full interview.
“While there will be some discussion about how many people will take the vaccine, and some consternation that it’s a two-dose vaccine that takes 28…” Tom Essaye, founder of the Sevens Report, wrote in a Nov. 9 note. Click here to read the full article.
News of Pfizer Inc. and BioNTech SE’s investigational coronavirus vaccine likely reduced the chances of further QE as it boosted the likelihood of returning the U.S. economy to relatively normal in the coming months, Tom Essaye, founder of the Sevens Report, wrote in a Nov. 10 note.
“Going forward, the key becomes if the rise in yields stays ‘orderly…” Essaye wrote. Click here to read the full article.
Tom Essaye interviewed with Thomas White from TD Ameritrade Network, where he discussed covid19 vaccine, sectors to buy, value stocks, election, stocks on the downside, & more…Watch the full interview here.
“While there will be some discussion about how many people will take the vaccine, and some consternation that it’s a two-dose vaccine that takes 28 days to achieve effectiveness…” writes The Sevens Reports’ Tom Essaye. Click here to read the full article.
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.
