A further breakdown in gold and silver vs the continued strength in tech and the broad markets
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show joins us to share his thoughts on the continued weakness in gold and silver vs the strength in tech. As Joel notes, gold is at a key level where a trader can take a position with a tight stop. As for tech, Facebook just hit a $1 trillion valuation which is showing the rotation of money back into growth. We also discuss the concept of fundamentals when it comes to analyzing these sectors.