Joel Elconin – Strong US Data, Market Breadth Widening, Low Volatility, Welcome To Summer
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins me to recap the stronger than expected US economic data, widening market breadth and low volatility in US markets. We do need to acknowledge that it is summer so volumes are down but there is not a whole lot on the calendar that could be impactful for markets.
Joel shares what he is seeing in terms of buyers and sellers in the markets. We also look at the energy sector, the set ups for oil and natural gas.