“The two most beat-up sectors in the August pullback (energy and financials) both rebounded hard yesterday and…” wrote Tom Essay, president of the Sevens Report, in a Tuesday note. Click here to read the full article.
“Going forward, the dollar will have a hard time declining unless the Fed gets aggressively dovish, simply because global growth remains lackluster and global central banks are easing policy…” said Tom Essaye, founder of the Sevens Report. Click here to read the full article.
“For U.S.-China trade to cause a sustainable rally, we need some proof of actual movement towards a trade ‘truce,’” said Tom Essaye, founder of the Sevens Report, in a note. Click here to read the full article.
Tom Essaye appeared in Mid-Day Movers by TD Ameritrade Network discussing equities, what’s driving the markets right now, earnings and more…Click here to watch the full interview.
“The worst of it may be over but, I’d be surprised if the pullback is over. I think we’ll go back and likely take a look at some of this week’s lows simply because the issues that have really been the underlying causes…” Click here to read the full article.
Yahoo Finance’s Alexis Christoforous and Brian Sozzi talk to David Nelson, Belpointe Asset Management Chief Strategist and Tom Essaye, Sevens Report Founder and President around the opening bell to discuss Uber earnings. Click here to watch the full video.
Investors look ahead to earnings
“We will start to get results from some of the big multi-national industrials and tech firms, which should shed more light on the effects of the trade war…” Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter, wrote in a note to clients. Click here to read the full article.
“I like emerging markets and EM debt mainly because I think the Fed will be dovish and that’ll send the dollar lower…” Tom Essaye, founder of The Sevens Report, tells Yahoo Finance’s “The First Trade.” Read the full article here.
Tom Essaye, founder of the Sevens Report Research, agrees: “The biggest takeaway for regular investors is you’ve got to look inside the ETF and see where they’re allocated.”
Individual Markets Benefiting
Essaye says two emerging market ETFs are benefiting from the trade war concerns: The VanEck Vectors Vietnam ETF (VNM) and the iShares MSCI Thailand ETF (THD), which were outpacing broad-based emerging market ETFs as…Click here to read the full article.
Stocks fell from record highs on Tuesday after President Donald Trump cast doubt on the trade progress between China and the U.S. “Looking at this earnings season, the key question is: Will trade uncertainty cause businesses to pullback on spending and investment enough so that it begins to weigh on earnings?” said Tom Essaye, founder of the Sevens Report. Click here to read the full article.
