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Joel Elconin – Don’t Fight The Bull Market, Thanks Fed Pivot

Cory
December 17, 2023

Joel Elconin, Co-Host of he Benzinga PreMarket Prep show and Editor of PreMarket Prep joins us to discuss the Fed pivot and bullish market set up. As much as we try to get Joel to call a top in the markets he pushes back. The Fed either thinks they are well on the way to a soft landing or they are seeing something coming next year that has them concerned about staying too high for too long.

 

Click here to keep up to date with Joel at the PreMarket Prep website.

Discussion
20 Comments
    BDC
    Dec 17, 2023 17:43 PM

    https://tinyurl.com/46e69beu
    NatGas Week : New Dawn
    Added Markets (SPY)

    Dec 17, 2023 17:33 PM

    It would be nice to have full audits on The Fed and The Exchange Stabilization Fund to find out what they actually do and see if it is actually consistent with approved procedures.

      Dec 17, 2023 17:41 PM

      My point exactly. We can assume they effect outcomes.

        Dec 17, 2023 17:27 PM

        Rather than sell-out to criminals as that is the way of history, I think we should put them in jail even if some prefer an authoritarian 3rd world slime factory. That way we can give a shot at being well, safe and peaceful. Just me but I prefer Democracy now instead of trying to get it back for a few hundred years. A little character now may avoid living with a pit of scum for the foreseeable future.

      Dec 17, 2023 17:36 PM

      Hardly a capitalist system. Central banking comes straight out of Marx’s communist manifesto and is 100% fraud/theft. There can be no free market/level playing field as long as any entity has a monopoly on the money (money substitute is more accurate) including its price (interest rate).

        Dec 18, 2023 18:38 AM

        It needs fixing as the alternatives are worse.

        Dec 18, 2023 18:34 PM

        If you’re saying that the alternatives to the current system are worse then I couldn’t disagree more. Self-ownership is dead under the current system which cannot be made moral/sound no matter who runs it.

        Dec 18, 2023 18:00 PM

        Matthew. I know what you mean, but the current system has been corrupted and Central Banking and Wall Street played a big part in doing that. They would be perfectly happy with a Fascist system where wealth is concentrated among the Corporate and political elite.
        What I am referring to is rather than let those that decided to be criminals, walk away with our wealth, it would be easier to put them in jail and reinstate regulations/statutes. Rather than go through a 100 years or more of dictatorships and genocide, we could save the Republic and Democracy .. unless there happen to be more people that prefer hatred, jealousy, bigotry, racists, etc as the perfect autocratic place to live. Then after they have their fling of deeper failure try to come up with the same Constitution we used to have.

        Dec 18, 2023 18:34 PM

        Lake, central banking is corrupt to its core no matter who’s in charge because it is intrinsically criminal/immoral/unethical and it, along with fascism, rode into the US on the abhorrent Progressive Movement.
        Based on your lines that begin with “rather than” I now know what you meant in your previous post asserting that the alternatives are worse. Still, I disagree that the current system should be saved because I disagree that the alternatives are only as you described. For some reason you imply that I’m against jailing those who’ve earned jail but that’s not the case.
        I think there’s a good chance that we aren’t talking about the same thing when we talk about “the current system”. The current system that needs to go is based on central banking and puts the collective above the individual and that is what needs to go. All the destruction and chaos that this system underwrites would go away with it but of course it wouldn’t be easy after a century of debt growth and institutionalized and ratified stupidity and ignorance.

        Dec 18, 2023 18:48 PM

        Matthew. Thanks for clarifying what we meant. Agree with what you are saying.

    Dec 17, 2023 17:39 PM

    Don’t fight the bull market? Fine and dandy but you better be looking closely for a good exit because stocks are in for a rough time in 2024 and probably beginning in Q1.

      Dec 17, 2023 17:19 PM

      I am counting on a move up … the problem is always is it going to be a couple of days or months of a rally before the charts get butchered.

      A few key people placed in jail works wonders on those think criminality is a profession and maybe just a faulty diversion.

    Dec 18, 2023 18:53 AM

    There are better places to buy phyz…than kitco….. JMO….

      Dec 18, 2023 18:01 AM

      Hi Jerry, what are your sources, I am interested! DT

        Dec 18, 2023 18:39 AM

        Hello Dick…
        I am away from my computer but
        I will get back to you

          Dec 18, 2023 18:42 AM

          JM Bullion,Silverton,Apmex

          Dec 18, 2023 18:10 AM

          Also SD Bullion

          Dec 18, 2023 18:14 AM

          Oh I forgot the best one
          Owl Coinland😀

          Dec 18, 2023 18:44 PM

          Jerry, I know you are a straight shooter, but it is all Greek to me, you know what The Greeks are like. LOL! I will have to look them up, except for owl! Thanks DT

          Dec 18, 2023 18:52 PM

          Hey DT.., if you need some more or any help let me know…
          I will give you some tips on buying

          Also…. above should have been Silvertown