Joel Elconin – Recapping October’s Market Moves, The Rotation Out Of Tech Continues
Joel Elconin, Co-Host of the Benzinga PreMakret Prep Show and Editor of the PreMarket Prep website joins us to recap the market moves in October. October was a very good month for markets as the S&P was up 8%, Dow up 14% and NASDAQ lagged being up only 4%. Rotation within markets has been the theme gong back to last year and is clearly continuing. Investors are looking for stronger fundamentals which is pulling money out of tech and past market leaders.