Joel Elconin – Earnings Season Preview and Has The Market Lost It’s Momentum?
In this KE Report Daily Editorial, we’re joined by Joel Elconin, Co-Host of the PreMarket Prep Show and Founder of the Stock Trader Network, to discuss market dynamics amid the ongoing U.S. government shutdown and missing economic data.
With key reports like jobs and inflation delayed, Joel outlines what’s driving markets in the meantime and what could shift sentiment once data resumes.
Key Discussion Highlights:
- No data, no problem? Markets remain steady despite a lack of government reports, with momentum trades and algos leading the way.
- Earnings season ahead: Big banks kick things off next week, followed by mega-cap tech and retail – with expectations running high given lofty market levels.
- Tariffs and guidance: Companies may use tariff uncertainty to lower expectations, but actual impacts appear limited so far.
- AI & government stakes: A new phenomenon – the U.S. government taking positions in tech, healthcare, and resource companies – fueling strong rallies but raising sustainability questions.
- Sector rotation: Homebuilders slump despite easing rates; value stocks and healthcare catching bids as mega-cap tech momentum fades (except Nvidia).
- Retail & Robinhood: Retail traders remain dominant. Robinhood’s expansion into prediction markets could drive another wave of activity if pattern day trading rules are eased.
Stocks / symbols mentioned:
AAPL, MSFT, NVDA, ORCL, AMD, INTC, PFE, HOOD, DKNG, PENN, DAL, PEP, XLV
For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
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 and hosts may own shares in companies mentioned.
Hi Jerry, Have you read “Boswell’s London Journals,” Boswell was an intellectual who lived in London England in the 1720’s, at the time he was 23 years old. His father was a judge in Scotland and he sent his son a monthly stipend so he could live comfortably without needing to work. Boswell kept a daily journal of his activities. It was a very dangerous time there were no police only a few roving constables and they carried whistles so they could signal one another. Boswell had a rented flat, and at night he slept with two flintlocks under his pillow. If he had to go out after dark he would only do so if he was accompanied by three or four other armed young men, and they always made sure that they had reached their destination before midnight because the streets were so dangerous.
The price of precious metals is signaling that we are headed into a new dark era. Beware! DT
https://www.tradingview.com/x/e8sXzA2g/
DOLLAR : Topping or Topped?
Where is GOLD TARD TEMPLE… when you need him… lol ….. 🙂
Ah Chris Temple , the good old days at the KER.
Yes… those were good old days…. 🙂
We’ve had Chris Temple on the KE Report this year and last year a few times.
I was already thinking of reaching out soon to get him back on for an update.
Understand……. the refineries are NOT taking anymore silver in the US….
no junk silver coins, nor flatware… there is a glut…
Granny’s teapots might not have made it in yet but maybe soon, 😁
Jayant’s and my Irving is up 29% today. Drill, baby, drill!
FREAKY FRIDAY AGAIN…………… SILVER $51……again……. 🙂
Physical Panic: Lease Rate Hits 39%—London in Crisis
SILVER MARKET MELTDOWN: LONDON LEASE RATES SKYROCKET, SHORT SELLERS FEEL THE HEAT
The Silver Academy
Oct 10