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Joel Elconin - Pre-Market: Market Melt Up Continues While Rate Cuts Are Moved Forward
Manage episode 507296358 series 3374176
In today’s pre-market daily editorial, we’re joined by Joel Elconin, co-host of the PreMarket Prep Show. Click the link in the show notes to listen to Joel and his team for daily market conversations, as well as a link to the Stock Trader Network.
This week’s discussion centers around the Fed’s latest rate cut and updated dot plot, projecting two more cuts this year and one in 2026. Despite shifting policy, markets continue to grind higher toward all-time highs.
Joel shares his perspective on:
- The Fed’s decision and why markets keep shrugging off “bad” news.
- The historical trend: markets rising after Fed cuts near highs.
- Whether today’s rally is still concentrated in big tech or broadening across small caps, biotechs, gold, silver, and other sectors.
- Key catalysts ahead: quad witching, Jewish holiday rotation, jobs and inflation data.
- Why hedging remains limited even with volatility upticks.
- A closer look at Intel (INTC) following U.S. government backing and Nvidia’s $5B stake.
Joel also outlines his simple but disciplined approach to market levels, why he’s not placing resistance targets, and what could derail this momentum heading into Q4.
Stocks discussed:
- Intel (INTC)
- Nvidia (NVDA)
- Broader small-cap (IWM), biotech, and precious metals trends
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.
582 episodes
Manage episode 507296358 series 3374176
In today’s pre-market daily editorial, we’re joined by Joel Elconin, co-host of the PreMarket Prep Show. Click the link in the show notes to listen to Joel and his team for daily market conversations, as well as a link to the Stock Trader Network.
This week’s discussion centers around the Fed’s latest rate cut and updated dot plot, projecting two more cuts this year and one in 2026. Despite shifting policy, markets continue to grind higher toward all-time highs.
Joel shares his perspective on:
- The Fed’s decision and why markets keep shrugging off “bad” news.
- The historical trend: markets rising after Fed cuts near highs.
- Whether today’s rally is still concentrated in big tech or broadening across small caps, biotechs, gold, silver, and other sectors.
- Key catalysts ahead: quad witching, Jewish holiday rotation, jobs and inflation data.
- Why hedging remains limited even with volatility upticks.
- A closer look at Intel (INTC) following U.S. government backing and Nvidia’s $5B stake.
Joel also outlines his simple but disciplined approach to market levels, why he’s not placing resistance targets, and what could derail this momentum heading into Q4.
Stocks discussed:
- Intel (INTC)
- Nvidia (NVDA)
- Broader small-cap (IWM), biotech, and precious metals trends
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.
582 episodes
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