Joel Elconin, co-host of Pre-Market Prep, breaks down the rebound in U.S. and global markets, and whether the rally has real legs.
Markets continue to recover, but is it a sustainable move or just another bear market bounce? In this Daily Editorial, Joel discusses:
- Why he sees a “Goldilocks” setup in play for short-term traders
- The self-inflicted damage from tariff uncertainty, and how a pause may be lifting markets
- What recent earnings, especially from Apple, Amazon, and Microsoft, reveal about investor expectations
- Why small caps and value plays still lag despite broader market strength
- Key technical resistance levels for the S&P 500 futures and why international ETFs are catching his eye
Joel also shares why stable interest rates may be the most bullish backdrop, and what to watch as the 90-day tariff clock ticks down.
Click here to visit Joel’s PreMarket Prep website.