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Joel Elconin - Inflation Data, and the Relentless Big Tech Rally, When Will The Market Top?

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Manage episode 500294319 series 3374176
Content provided by KE Report. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KE Report or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Joel Elconin, co-host of the PreMarket Prep Show and founder of the Stock Trader Network, joins the KE Report to discuss how markets shrugged off a hotter-than-expected Producer Price Index (PPI) print and why big tech continues to lead the charge.

We break down:

  • Inflation surprise: PPI’s sharp jump and why the market still expects Fed rate cuts.
  • Sector divergence: Big tech strength vs. small-cap struggles as rates rise.
  • IPO and crypto surge: What the frothy IPO market and Bitcoin highs signal about investor sentiment.
  • Defensive assets: Why gold remains rangebound despite macro uncertainty.
  • Market psychology: Momentum dominance, risk-on sentiment, and whether anything can derail this rally.

Follow Joel: PreMarket Prep Show - Stock Trader Network

  continue reading

522 episodes

Artwork
iconShare
 
Manage episode 500294319 series 3374176
Content provided by KE Report. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KE Report or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Joel Elconin, co-host of the PreMarket Prep Show and founder of the Stock Trader Network, joins the KE Report to discuss how markets shrugged off a hotter-than-expected Producer Price Index (PPI) print and why big tech continues to lead the charge.

We break down:

  • Inflation surprise: PPI’s sharp jump and why the market still expects Fed rate cuts.
  • Sector divergence: Big tech strength vs. small-cap struggles as rates rise.
  • IPO and crypto surge: What the frothy IPO market and Bitcoin highs signal about investor sentiment.
  • Defensive assets: Why gold remains rangebound despite macro uncertainty.
  • Market psychology: Momentum dominance, risk-on sentiment, and whether anything can derail this rally.

Follow Joel: PreMarket Prep Show - Stock Trader Network

  continue reading

522 episodes

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