Sevens Report by Tom Essaye

06/24/2026

Most investors watch AI stocks to gauge the health of the AI trade. We're watching copper and silver. Why?

Because the metals helping power data centers, semiconductors, and AI infrastructure may be sending an important signal about whether the economics of the AI buildout are as compelling as investors believe.

That's one of the topics we explore in today's Sevens Report.

Here are other key topics from this morning's Sevens Report:
🤖 The Real Reason Behind the AI/Tech Selloff
📊 Composite PMI Takeaways: A Goldilocks Print
🥈 What Silver and Copper Are Saying About AI Sentiment

👀 Also on our radar today:

• German business confidence improved, helping ease concerns about the global growth outlook.
• Treasury auctions could influence yields and broader market sentiment.
• Micron earnings after the close may become the week's most important test for AI and semiconductor enthusiasm.

Try the daily Sevens Report free for two weeks. No credit card required:
https://ow.ly/UCw150XU42C

06/22/2026

Tech stocks are cheap. That sounds bullish... until it isn't.

One of the more interesting debates in today's market is whether lower valuations in parts of the tech sector represent opportunity—or a sign that investors are becoming more selective.

Sevens Report was recently quoted in a Barron's article exploring this dynamic.

Worth a read:
https://www.barrons.com/articles/tech-stocks-cheap-sandisk-broadcom-8d7f0305

Barron's

Relatively modest multiples on big artificial intelligence winners show that even AI enthusiasm has its limits.

06/22/2026

Markets are starting the week with plenty to digest—from geopolitical developments to Fed commentary and another key test for AI stocks.

Every morning, the Sevens Report helps investors and advisors cut through the noise with clear, actionable market analysis delivered before the opening bell.

Try the daily Sevens Report free for two weeks. No credit card required:
https://ow.ly/UCw150XU42C

Here are key topics from this morning's report:
📈 Market Update: Trading One Source of Uncertainty for Another
Markets may be moving past the latest Iran-related headlines, but investors are quickly shifting their focus toward new risks—including interest rates and global bond yields.

🤖 Weekly Market Preview: Another Test for AI Enthusiasm
AI optimism remains a major driver of market performance. This week's Micron earnings report could offer important insight into whether investor enthusiasm for the AI trade still has room to run.

📊 Weekly Economic Cheat Sheet: The First Real Look at June Growth
This week's economic calendar will provide one of the earliest readings on how the economy performed in June and whether growth remains resilient amid ongoing uncertainty.

👀 Also on our radar today:
• Weekend U.S.-Iran developments left the ceasefire intact while nuclear negotiations continue.
• Political uncertainty in the U.K. could create additional pressure on global bond yields.
• Fed Governor Waller speaks this morning, and any hawkish commentary could influence market sentiment.

06/17/2026

AI-related stocks continue to dominate headlines, but a growing question is emerging beneath the surface: If the AI opportunity is so compelling, why are some semiconductor and memory stocks still trading at relatively modest valuations?

That's one of the key topics we explore in today's Sevens Report.

Here's a preview of key topics our subscribers read in this morning's report:

🔹 Why Are AI Semiconductor and Memory Stocks Trading at Such Low Multiples? We examine the bear case and what Oracle's recent results may be signaling.

📈 Futures are modestly higher as investors await today's highly anticipated Fed decision, while bond yields remain near recent lows and oil prices continue to stabilize.

🌎 Overnight economic data was generally constructive, with inflation readings in the U.K. and Europe coming in around expectations while Japanese machinery orders surprised to the upside.

🛍️ Before the opening bell, investors will be watching...

🏠 Additional reports on Business Inventories and...

🏦 The main event arrives this afternoon with the first FOMC decision under Chair...

⚠️ With uncertainty surrounding Fed policy and central bank independence remaining a market concern, today's reaction could be...

💡 For now, AI, interest rates, and...click here for the full report & free Sevens Report for 2-weeks. Receive the same daily market analysis trusted by advisors, portfolio managers, and investors before the opening bell: https://ow.ly/UCw150XU42C

06/16/2026

Markets may be entering a waiting game.

With a major Fed decision just around the corner, investors are trying to determine whether the next move from policymakers will provide a tailwind—or a headwind—for stocks.

That's one of the key topics we break down in today's Sevens Report.

Here are few other topics from this morning's report:
🔹 FOMC Preview: What investors should watch as the Fed meeting gets underway.
🔹 Empire State Manufacturing Survey & Industrial Production Takeaways: What the latest economic data says about growth and market expectations.

📈 Futures are little changed as markets continue to digest the recent U.S.-Iran peace agreement and a surprise rate hike from the Bank of Japan.

🌎 Global economic data was generally soft overnight, with weaker-than-expected reports from China and Germany reinforcing concerns about slowing global growth.

🏠 Today's U.S. economic calendar includes Housing Starts and Import/Export Prices, although investor focus remains firmly on the Fed.

🏦 Treasury auctions later today could offer important insight into...

📊 With the Fed decision approaching, markets are increasingly focused on...

💡 Until then, investors are likely to remain focused on interest rates, bond yields, and...click here for today's report: https://ow.ly/UCw150XU42C

06/15/2026

Markets may be starting the week with two major headwinds easing.

A potential U.S.-Iran peace agreement and growing expectations that the Fed may be nearing the end of its rate hike cycle are helping improve investor sentiment.

But are those tailwinds enough to keep stocks moving higher? That's one of the key questions we tackle in today's Sevens Report.

Here is the brief overview of topics from this morning's report:

🔹 Weekly Market Preview: Could two major market headwinds finally be fading—Middle East tensions and Fed rate hike fears?
🔹 Weekly Economic Cheat Sheet: Will investors get a dovish surprise from the Fed?

📈 Futures are sharply higher after the U.S. and Iran announced a peace agreement that would reopen the Strait of Hormuz, easing concerns about energy markets and global trade.

🌍 Global markets are rallying as investors welcome signs of reduced geopolitical risk and a potential end to recent hostilities.

🛢️ Oil prices are falling on the news, helping relieve some inflation concerns, although...

⚠️ While markets are optimistic, investors will continue monitoring...

📊 Today's economic focus turns to the Empire State Manufacturing Index and...

🏦 With the Fed meeting approaching, "Goldilocks" economic data—steady growth and...click here for the full report: https://ow.ly/UCw150XU42C

06/11/2026

Markets are juggling several important themes right now:

📈 Inflation remains elevated, but not as bad as many feared.
🤖 AI spending continues to drive market leadership.
🌍 Geopolitical tensions appear to be easing.

The question for investors is: Which of these trends will matter most for stocks in the second half of the year? That's one of the topics we explore in today's Sevens Report.

Start your free 2-week trial and get the same daily market analysis trusted by advisors, portfolio managers, and investors before the opening bell: https://ow.ly/UCw150XU42C

Here's a preview of what subscribers received this morning:
🔹 How to Capitalize on the World Cup: 5 ETFs to Watch
🔹 CPI Takeaways: Inflation moved higher, but core inflation came in cooler than many investors feared.

📈 Futures are moving higher this morning, led by technology and semiconductor stocks as markets react positively to signs of easing geopolitical tensions.

🌍 Investor sentiment improved after the U.S. signaled an end to the latest round of military strikes involving Iran, helping reduce some recent market uncertainty.

🏦 Global markets are also focused on today's ECB decision and comments from President Lagarde for clues about the path of interest rates.

📊 In the U.S., investors will be closely watching Jobless Claims and PPI inflation data for additional insight into the health of the economy and future Fed policy.

📉 Treasury auctions later today could provide another important signal about how bond investors are viewing inflation and interest rate expectations.

💡 Earnings season continues with reports from Adobe, Lennar, and RH, while inflation, rates, and AI-related spending remain key themes driving markets.

06/09/2026

Markets are getting some relief today, but investors are still facing a familiar question:
How much of the recent rally is being driven by improving fundamentals—and how much is simply investors looking past growing risks?

That's one of the topics we break down in today's Sevens Report. Start your free 2-week trial and see the same daily market analysis trusted by advisors, portfolio managers, and investors before the opening bell: https://ow.ly/UCw150XU42C

Here are key topics from this morning's report:

🔹 June Market Multiple Table: Positive news continues to support stocks, but valuations are becoming increasingly stretched.

📈 Futures are moving higher as the tech-led rebound continues, supported by AI optimism and improving sentiment around a potential U.S.-Iran peace agreement.

🌍 Geopolitical concerns eased overnight after President Trump reiterated that a deal with Iran could be close, helping support broader risk appetite.

🏢 Small business sentiment softened slightly in May, but the modest miss is helping bond yields stabilize—a positive development for equities after last week's volatility.

📊 Today's economic calendar includes:
• International Trade in Goods (E: -$55.5B)
• Existing Home Sales (E: 4.08M)

However, most investors are already looking ahead to tomorrow's CPI report, which could be the week's most important market catalyst.

🏦 While Fed officials remain silent during the pre-meeting blackout period...

📅 Earnings season continues with reports from...click here for the full report: https://ow.ly/UCw150XU42C

06/08/2026

AI demand has become one of the biggest bullish arguments for markets. But what happens if the industry builds more capacity than demand can ultimately support?

That's why the Sevens Report helps advisors and investors cut through the noise each morning and focus on the market drivers that actually matter. Start your free 2-week trial here: https://ow.ly/UCw150XU42C

⬤ Here's a preview of what subscribers received this morning:

🔹 A Potential AI Oversupply Problem?
🔹 Weekly Market Outlook: IPO activity and key inflation data take center stage this week.

📈 Futures are modestly higher as technology and semiconductor stocks rebound after Friday's sharp pullback, helping support broader market sentiment.

🌍 Geopolitical tensions escalated over the weekend as military strikes between the U.S./Israel and Iran intensified. Despite calls for a ceasefire, higher oil prices and rising bond yields remain key risks for markets.

🏭 Economic data from Europe pointed to slowing growth, with German Manufacturing Orders missing expectations and reinforcing concerns about weakening global demand.

📊 While there are no major U.S. economic reports today, investors will be watching...

📅 This week's focus will increasingly turn toward inflation data and...

💡 Earnings continue with reports from...click here for the full report: https://ow.ly/UCw150XU42C

06/04/2026

If you’ve got a few minutes before the open, this is what matters:

-> What’s moving markets
-> What to focus on
-> Where the risks are

That’s what the Sevens Report delivers every morning. It’s designed to be quick, practical, and useful. Try it free for two weeks: https://ow.ly/UCw150XU42C

Here’s a snapshot from this morning’s report:
🔹 Jobs Report Preview: Is the economy showing more signs of running hotter than expected?

📉 Futures are modestly lower this morning as weakness in technology stocks offsets improving geopolitical sentiment.

🤖 AI-related stocks are under pressure after Broadcom's latest guidance disappointed investors, making it one of the first major AI-linked companies this earnings season to temper expectations.

🕊️ On the geopolitical front, a ceasefire agreement between Israel and Lebanon is helping ease energy concerns, pushing oil prices lower and...

📊 Investors will be closely watching today's economic data. Markets continue to favor a...

🏦 Two Fed officials are also scheduled to speak today. While neither is expected to materially move markets, investors will be listening for...click here for the full report: ttps://ow.ly/UCw150XU42C