Joel Elconin – Market Bounce Continues, Is This The All Clear?

October 4, 2022

Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins us to weigh in on the rebound in markets broadly to start Q4. Everything is bouncing while the USD and yields are falling. How sustainable is this run after a very tough Q3?




Click here to visit Joel’s PreMarket Prep website to keep up to date on his market comments.


Shad and I are attending the upcoming New Orleans Investment Conference on October 12-15. We love to see you there! It’s a great way to meet company management and spend some time in New Orleans. Click the link below to register and please let us know if you will be there so we can meet up.

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    Oct 04, 2022 04:05 PM

    First Majestic able to turn its 20 week EMA back up this week. I don’t really want to see a weekly close below that MA in the near term. This could be the beginning of a very large, multiyear rally.

      Oct 04, 2022 04:32 PM

      Yep, a number of silver mining stocks have rallied since the middle of last week along with Silver, and really got moving this week, breaking up to key levels, with many breaking through near-term resistance levels. It remains to be seen if this rally is going to really have some legs and continuation, but a really nice move in the silver stocks kicking off last Wednesday.

    Oct 04, 2022 04:23 PM

    Always a great market read from Joel.
    Thanks for having him on regularly!

      Oct 04, 2022 04:30 PM

      Sure thing BDC. We enjoy our weekly discussions with Joel and value getting his thoughts.

    Oct 04, 2022 04:37 PM

    Best $ earners today in best first order: Emerita, Vizsla, Africa Oil, Go Metals, Stillwater Critical, Lion One, Gungnir, Dolly …
    % wise: District Metals (might be a Schwab wrong previous day close again), Gungnir, Dolly, Go Metals, Vizsla, Santacruz, Kairos and Africa Oil … been a long time since it was worth mentioning.

    Oct 04, 2022 04:42 PM

    Clearly this rapid rise is front running of the coming pivot. Perhaps one more small rate hike. Fomo cannot be underestimated.