Joel Elconin - Benzinga Pre-Market Prep Show – Wed 10 Jul, 2019

Don’t fight the trend especially in the face of an easy Fed

Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me to first recap the moves in the markets when Powell’s prepared statement was released and the follow through on trading. Overall with all the noise day to day and week to week regarding the Fed and trade it is most important to note the established trends, which continue to be higher for US markets.

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Comments:
  1. On July 10, 2019 at 1:25 pm,
    cfs says:

    Listening to congress critters and Powell today, I wonder how some people manage to get elected.
    David Albert Scott is the U.S. Representative for GA’s 13, serving since 2003. The district includes the southern fourth of Atlanta, as well as several of its suburbs to the south and west. He is a member of the Democratic Party.

    IS A MORON, who apparently does not know the difference between the LIBOR rate and a sign of the Zodiac, Libra.

  2. On July 10, 2019 at 1:52 pm,
    OOTB Jerry says:

    Dang we agree……… lol
    On July 10, 2019 at 1:30 pm,
    OOTB Jerry says:
    MORONS……….Libra, Libor…..what a hoot……
    https://www.zerohedge.com/news/2019-07-10/wharton-grad-confuses-libor-and-libra-during-powell-hearing-hilarity-ensues
    Try about 56 Min. Mark……..for a funny of the day….

    Reply to this comment
    On July 10, 2019 at 1:31 pm,
    OOTB Jerry says:
    Maxie Waters, and these people do not have a CLUE….

    • On July 10, 2019 at 2:01 pm,
      cfs says:

      WARNING: RACIST REMARK.

      And we wonder why the IQ curves for African Americans are shifted to lower IQs, when we supposedly have to treate all folks equally.

      I give all folks equal respect, but an idiot is an idiot, regardless of race, and should be called an idiot when the displayed IQ so indicates.

      • On July 10, 2019 at 2:20 pm,
        OOTB Jerry says:

        Really not a racist remark……..as we know white men can not jump…..

  3. On July 10, 2019 at 1:54 pm,
    cfs says:

    Good Dan Bongino today……Really shows deep state scum.

    https://www.youtube.com/watch?v=J1TnzQsE6vQ

    • On July 10, 2019 at 10:04 pm,
      buzz says:

      No matter what happens going forward, may God bless the brotherhood of Kitco. (Don’t see too many women round here).

  4. On July 10, 2019 at 2:18 pm,
    cfs says:

    As far as I know Libra is not yet an alternative currency.

    It will not be a cryptocurrency, but an alternative fiat currency, because as far as I understand, it will be tied to the U.S. dollar, not decentralized based on cryptographics.

    https://www.cnet.com/news/facebook-libra-cryptocurrency-project-isnt-only-about-the-social-network/