Go offline with the Player FM app!
Joel Elconin - Market Correction: “Batten Down the Hatches”
Manage episode 520427123 series 3374176
In this KE Report daily editorial, Joel Elconin, co-host of Pre-Market Prep and founder of the Stock Trader Network, joins us to break down a broadly red market day marked by spiking volatility, tech weakness, and shifting expectations heading into year-end.
Key Discussion Highlights:
- Market Selloff Intensifies: VIX hits 25, risk assets slide, and tech leads the downturn.
- Nvidia Breakdown: NVDA’s failed 50% retracement signals deeper market weakness.
- Fed Cut Expectations Fade: December cut unlikely; lagging data adds uncertainty.
- AI & Labor Market Shift: Structural unemployment may rise as AI-driven job cuts accelerate.
- Where Money May Hide: Potential resilience in Walmart, utilities, healthcare, and financials.
- Longer-Term Tone: Caution warranted; market may be entering a multi-quarter grind.
Click here to visit Joel’s PreMarket Prep website
Click here to visit the Stock Trader Network
------------
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
684 episodes
Manage episode 520427123 series 3374176
In this KE Report daily editorial, Joel Elconin, co-host of Pre-Market Prep and founder of the Stock Trader Network, joins us to break down a broadly red market day marked by spiking volatility, tech weakness, and shifting expectations heading into year-end.
Key Discussion Highlights:
- Market Selloff Intensifies: VIX hits 25, risk assets slide, and tech leads the downturn.
- Nvidia Breakdown: NVDA’s failed 50% retracement signals deeper market weakness.
- Fed Cut Expectations Fade: December cut unlikely; lagging data adds uncertainty.
- AI & Labor Market Shift: Structural unemployment may rise as AI-driven job cuts accelerate.
- Where Money May Hide: Potential resilience in Walmart, utilities, healthcare, and financials.
- Longer-Term Tone: Caution warranted; market may be entering a multi-quarter grind.
Click here to visit Joel’s PreMarket Prep website
Click here to visit the Stock Trader Network
------------
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
684 episodes
Kaikki jaksot
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.