Joel Elconin – Recapping Markets This Week, Auto Workers Strike Market Impacts and Oil Over $90
Cory
September 15, 2023
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins me to recap the market moves this week and focus on the pop in oil. While the broad averages mostly moved sideways this week, today are selling off and look to close the week slightly negative.
A possible catalyst behind the selloff today could be the auto workers strike. I have Joel elaborate on how significant this strike could be for markets and future economic data. We wrap up by discussing the continued rise in oil as price is now over $90/barrel.
Discussion
2 Comments
Sep 15, 2023 15:55 PM
Sep 15, 2023 15:44 PM
Another big volume day for junior miners left for dead. Big $$ is snatching these up at rock bottom
My miners want to go, but held back again … or should I say walked back again. Don’t know whether I was green or red for the week as it couldn’t be enough to write home about much less here.
Something interesting that was on the King World News site was a comment that gold was up more than $100 more in China. How can that be. Arbitrage time.
Got my address wrong again … this will disappear.