“The personal saving rate has gone way up and what are people doing with their money. They’re renovating their homes…” said Tom Essaye, Sevens Report Research founder and president to WPTV’s Arthur Mondale Click here to watch the full video.
“Markets will continue to focus on Capitol Hill and the ongoing negotiations for the next stimulus deal. Specifically, Speaker Pelosi and Treasury Secretary Mnuchin are expected to have a follow up…” writes The Sevens Report’s Tom Essaye. Click here to read the full article.
“Futures are lower amid rising concerns that the outcome of the presidential election may be contested following…” remarked Sevens Report Research founder Tom Essaye in an early morning note to clients. Click here to read the full article.
Tom Essaye, Sevens Report Research Founder, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss what’s moving the markets on Monday morning. Click here to watch the full interview.
“By giving the market a lot lodging … the Fed has primarily created a spoiled youngster the place nothing’s sufficient…” Tom Essaye, founder and president of Sevens Analysis, tells Axios. Click here to read the full article.
The trouble is that there is still plenty of froth around, says Bloomberg. The recent mini-crash wiped $2trn off stock valuations, but trading data shows that bullish retail investors, who often buy in through apps like Robinhood, remain “unbowed”. As Tom Essaye of The Sevens Report newsletter puts it, the recent pullback was “not even close to scary…” Click here to read the full article.
“Some froth has come off the market which is a good thing, but keep in mind that we still remain well over levels…” Tom Essaye, a former Merrill Lynch trader who founded The Sevens Report newsletter, wrote in a note. Click here to read the full article.
“Hopes for a stimulus deal before the election (Nov 3rd) are fading, and if that’s the case we should expect that to weigh on stocks in the coming weeks…” Tom Essaye, founder of The Sevens Report. Click here to read the full article.
“Let me be clear: The only reason we do not have a stimulus bill passed yet is because the economy and…” explained Tom Essaye, founder of The Sevens Report. Click here to read the full article.
“Let me be clear: The only reason we do not have a stimulus bill passed yet is because the economy and the markets are performing…” said Tom Essaye, founder of The Sevens Report. Click here to read the full article.
