Tom Essaye Archives - Page 59 of 93 - Sevens Report Research

Tag Archive for: Tom Essaye

Posts

Tom Essaye Interviewed on BNN Bloomberg on January 3rd, 2023

/in , , /by

Gold is the top metal pick for kicking off 2023: Tom Essaye

Tom Essaye, founder and president of Sevens Report Research, joins BNN Bloomberg to discuss his market take for the new year. Essaye says that nothing fundamentally changed in the markets, despite it being a new year, and discusses his advocacy for defensive sectors amid Q1 volatility and lower returns. He says that gold is looking particularly attractive when compared to its commodity peers. Click here to watch the full interview.

Tom Essaye Quoted in Yahoo via Bloomberg on December 29th, 2022

/in , , /by

Stocks Post Month’s Best Day as Rate Surge Fades: Markets Wrap

“Markets enter 2023 at important transition points. One path is paved with continued disinflation, resilient earnings, moderating growth, a balanced labor market, and higher stock and bond prices. The other path is paved with sticky inflation, slowing growth, a continued tight labor market and lower stock and bond prices. Data points at the start of the year will offer important clues as to which path the markets are taking.” Said Tom Essaye, a former Merrill Lynch trader who founded The Sevens Report newsletter. Click here to read the full article.

Tom Essaye Quoted in Barron’s on December 21st, 2022

/in , /by

Dow Soars 500 Points as Consumer Data Adds Some Cheer

“Stocks are digesting the declines of the past two weeks and while there are some notable employment and inflation numbers looming on Thursday and Friday, the bottom line is the calendar into year-end should be mostly quiet, again barring any material surprises,” Tom Essaye, the founder of Sevens Report Research, wrote Wednesday. Click here to read the full article.

Tom Essaye Quoted in Barron’s on December 29th, 2022

/in , /by

The Nasdaq Jumped Over 2% as Markets Staged a Relief Rally

“In China, Covid-19 cases continue to explode higher and there were reports of overwhelmed hospitals, but officials are proceeding with a full economic reopening.” said Tom Essaye, the founder of Sevens Report Research. Click here to read the full article.

Tom Essaye Quoted in Barron’s on December 19th, 2022

/in , /by

Stocks Fall to Start the Week as Recession Worries Linger

“A lot of people are throwing in the towel on the year, for lack of a better word, and you’re seeing people sort of remove some of those hopeful year-end bullish bets,” Tom Essaye, founder of Sevens Research, told Barron’s on Monday. Click here to read the full article.

Tom Essaye Quoted in Blockworks on December 9th, 2022

/in , , /by

Volatility Index Paints a Gloomy Picture for Bitcoin, Equities

“We remain in a liquidation phase of the market cycle during which more sophisticated, institutional investors are selling their long-term equity holdings,” Tom Essaye, founder of Sevens Report Research said. Click here to read the full article.

Tom Essaye Quoted in The Washington Post on December 6th, 2022

/in , /by

PepsiCo layoffs could indicate broader economic woes

The company, which has a market cap of $252.3 billion, is simply signaling the headwinds to come. This is really confirming so many other signs that we are headed toward a potentially pretty significant economic slowdown, said Tom Essaye, president of Sevens Report Research. Click here to read the full article.

Tom Essaye Quoted in Forbes on November 28th, 2022

/in , , /by

Credit Suisse Tumbles: Stock Hits New Record Low After Banking Giant Warns Of ‘Substantial’ Losses

“In short, Credit Suisse is starting to act like a bank that’s about to go under,” analyst Tom Essaye of the Sevens Report said in a recent note. Click here to read the full article.

Tom Essaye Quoted in MorningStar on October 24th, 2022

/in , /by

Gold futures retreat after Friday’s wild ride

“The trend is still lower for now but once we can actually say we have reached peak-hawkishness, the outlook for gold will very likely shift to neutral (if not bullish) from bearish,” said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter. Click here to read the full article.

Tom Essaye Quoted in Forbes on October 17th, 2022

/in , , /by

Yet Another Rollercoaster Week For Stocks On Deck: Dow Jumps 550 Points

Inflation cooling is the “key to market stabilization,” Sevens Report analyst Tom Essaye wrote in a Monday note, pointing out that the Federal Reserve and other central banks will not ease their monetary policy until there’s “conclusive” proof of inflation receding. Click here to read the full article.

Sevens Report – Daily stock market analysis

Everything you need to know about the markets. by 7 am each morning in seven minutes or less.