Joel Elconin – Quad Witching Today, The Bears Have A Chance To Gain Control Of This Market

March 15, 2024

Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins us to share why he thinks the US markets could be in for some weakness in the near term. A major shift could be happening toward selling the rip rather than buying the dip. A lot of this is predicated on Fed rate cuts, that are getting pushed back thanks to higher inflation data.


We discuss the quad witching today, which is the expiry of four financial derivative contracts on the same day: stock index futures, stock index options, single stock options, and single stock futures. The quad witching days can be major turning points for markets.


We also bring up the run higher in many commodities. How this impacts inflation and if Joel is playing any of these sectors. 



Click here to visit Joel’s website – PreMarket Prep