Tom Essaye Quoted in Business Insider on May 18, 2022

Wall Street’s biggest firms pay to read Tom Essaye’s daily stock-market outlook. He shares 3 key shifts that have to unfold for stocks to bottom — and how to know exactly when they’ve happened.

In a note on Monday, Tom Essaye, the founder of market research firm the Sevens Report, said he’s watching three major shifts that have to occur to help him determine when stocks have bottomed, and how to know when they’ve happened. He counts people at firms like UBS, Morgan Stanley, and Charles Schwab as readers of such insights in his daily reports.