The second reason stocks could keep rising is that so far, the economic fallout from the COVID-19 virus appears to be only temporary. In fact, Essaye said investors are seemingly anticipating any lost earnings in the first quarter will simply be recovered in later quarters…Click here to read the full article.
The lack of a guidance update can mean “mean the company doesn’t have much of an idea how big…” said Tom Essaye, co-founder of The Sevens Report. He noted, however, the market will look through any earnings disruption as long as it is limited to the first quarter of 2020. Click here to read the full article.
“In the short-term, there are two things holding this market up. One, expectations of a dovish Fed. And it’s the expectation of a global economic rebound. If either one of those come into doubt, the market is going to…” Sevens Report Research founder Tom Essaye said on Yahoo Finance’s The First Trade. Click here to watch the full video.
“It’s still an opportunity for a surprise, and given an expected perma-dovish Fed is one of the two pillars of this rally, we need to watch Powell’s…” wrote Tom Essaye, editor of the Sevens Report. Click here to read the full article.
“Market sentiment towards Sanders has shifted lately. Two weeks ago, his surging popularity was interpreted as a negative, because many of his policies are not stock market friendly. However, now the market’s opinion on…” says Sevens Report Research founder Tom Essaye. Click here to read the full article.
“I wouldn’t be surprised if [IBM] is looking at Microsoft and hoping the same thing happens here,” said Sevens Report Research founder Tom Essaye on Yahoo Finance’s The First Trade. Click here to read the full article.
“The spread of the Wuhan virus isn’t accelerating, but markets becoming more concerned about future earnings and economic growth as companies implement work stoppages…” said Tom Essaye, the founder of The Sevens Report.
“The spread of the Wuhan virus isn’t accelerating, but markets becoming more concerned about future earnings and economic…” said Tom Essaye, founder of The Sevens Report. Click here to read the full article.
“The pace of the drop in copper prices is a growing concern as futures are down more than 10% from the January highs and beginning to suggest that there…” analysts at Sevens Report Research wrote in Tuesday’s newsletter. Click here to read the full article.
Tom Essaye, founder of Sevens Report Research, said investors should be prepared for more Wuhan headlines to move markets in coming weeks.
“From a market standpoint, since this disease is closely related to SARS, I think the market…” Essaye said. Click here to read the full article.
