“The historic drop by front month oil futures was largely due to logistical issues in the physical market, namely lack of available storage, paired with futures expiration looming…” wrote Tom Essaye, founder of The Sevens Report. Click here to read the full article.
“This will be a unique earnings season,” Tom Essaye, a former Merrill Lynch trader who founded the “Sevens Report” newsletter, wrote in a note. “But it remains critically important because it’ll give us microeconomic insight into the question of ‘How bad is the damage?’…Click here to read the full article.
Tom Essaye interviewed with Ben Lichtenstein from TD Ameritrade. Click here to read the full article.
Tom Essaye, founder of The Sevens Report, said the volatility in the market is not yet over and said the market changes await events such as final approval of the stimulus package.
“We also need to see more progress on the pharma side of things and above all else…” Essaye said. Click here to read the full article.
“Looking ahead, the path of least resistance is decidedly lower right now and the lower-for-longer dynamic appears to be one that…” Tom Essaye, co-founder of The Sevens Report, said Wednesday. Click here to read the full article.
“Volatility is not over yet,” said Tom Essaye, founder of The Sevens Report. “We also need to see more progress on the pharma side of things, and above all else we need the growth…” Click here to read the full article.
“Volatility is not over yet,” said Tom Essaye, founder of The Sevens Report, in a note. He pointed out the administration’s stimulus packages need congressional approval. “We also need to see more progress…” Click here to read the full article.
“Looking ahead, the path of least resistance is decidedly lower right now and the lower-for-longer dynamic appears to be one that is here to stay for a while, given the clearly bearish fundamentals…” said Tom Essaye, co-founder of The Sevens Report. Click here to read the full article.
Tom Essaye, founder of Sevens Report Research, said the timing of the Fed’s announcement on Sunday when it has a regular meeting scheduled for Wednesday may have spooked the market.
“It implies panic, (what did they know that we didn’t?), although that’s probably not…” Essaye said. Click here to read the full article.
