Joel Elconin – Target Warns On Margins and CPI This Friday, Markets Will Break This Range But In What Direction?

June 7, 2022

Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins us to discuss the warning out of Target regarding margins. This caused the markets to open up down but did bounce back to neutral on the day. We also look ahead to the CPI number coming on Friday and what that could do for the range-bound markets. This of course all ties into Fed policy. 




Click here to visit Joel’s PreMarket Prep website.

    Jun 08, 2022 08:38 AM

    Santelli was talking about “some Country” that was manipulating their economy, stock markets and currency. I assumed it was the US until he said the country was Japan.

    Added: Are the markets still open…my account is not moving.

    Jun 08, 2022 08:41 PM

    Gensler was out bashing “retail” investors today and when the miners froze for a few hours, the dump followed. Intervention by another name is manipulation.
    Added: Passive investors seem to be a goal of Central Bankers.

      Jun 08, 2022 08:26 PM

      Gary Gensler from SEC…Alex Jones would have something to say about him

    Jun 08, 2022 08:26 PM

    Appears absolute greed is the goal …where do you fit in that investment theory…