Joel Elconin – Market Melt-Up, Mega-Cap Tech Strength, and Rate Cut Risks
Joel Elconin, co-host of the Pre-Market Prep Show and founder of the Stock Trader Network, joins us to break down the latest action in U.S. equity markets.
September opened with a quick dip across the S&P, Dow, and Nasdaq, but as Joel highlights, the buy-the-dip mentality remains firmly in place – driven by mega-cap tech, broadening participation across sectors, and ongoing retail interest in equities.
Key Topics Discussed:
- Mega-Cap Tech Leadership – Google, Apple, Amazon, and Meta continue to drive indexes, with court rulings and AI expansion acting as catalysts.
- Broadening Rally – Equal-weight indexes, small caps (IWM), and biotech show strength alongside value plays like healthcare and dividend stocks.
- Retail Sector Resilience – Strong reports from Macy’s (M) and American Eagle Outfitters (AEO) highlight consumer demand, even as IPO speculation unwinds.
- Precious Metals & Inflation – Gold and silver rising as investors hedge against inflation concerns, with Fed rate cuts looming despite strong markets.
- Risk Factors Ahead – The potential for stagflation if growth slows while inflation persists.
Click here to visit Joel’s PreMarket Prep website
Click here to visit the Stock Trader Network
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Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.
https://www.tradingview.com/x/pI6u20uo/
NatGas : Pull Back Possible
https://www.tradingview.com/x/TaP8csP5/
ETHEREUM : Bullish Wedge Forming
Added to SDRC @ $.48
Hmm… Sidney Resources… never heard of it before.
Thanks for sharing where you added to it Marty.
Visit – investor TV – ON YOUTUBE with Feneck and Durrett video- Are we in a pre-bull market, 1:03:23, one month ago. Worth watching, gold, PGM’s and Rare Earths on same property in Idaho, bought SDRC @ $.2160, $.296 and today @ $.48, a partial fill
I know the day I heard the Sidney podcast, , I literally bought on July 15, posted my order @9:29 am, and an accompanying order filled on the open @$.2110. I did mention on Ker my buy that day , and on the early August buy as well . Total shares so far, 11.2K
Thanks for the heads up on Sidney (that is an odd mix of metals for value drivers), and I appreciate your trading approach to getting positioned. I check out John and Don’s podcast often but must have missed that episode. I’ll be seeing them in Beaver Creek this next week and will ask them for more about it.
https://www.tradingview.com/x/fQ9HDQDi/
SILVER : Sideways Consolidation?