Joel Elconin – Where did this shift back to growth/risk on come from?
Cory
April 19, 2022
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins me to discuss the complete shift in markets today toward risk on stocks and sectors. Lead by small caps and the NASDAQ today is a very different day from this whole year of trading. Remember one day does not make a trend.
We also recap a couple recent earnings reports from Bank of America and Delta Airlines plus comment on the pullback in commodities today.
Click here to visit Joel’s PreMarket Prep website.
Discussion
3 Comments
Apr 19, 2022 19:48 AM
Apr 19, 2022 19:31 AM
Bix Weir out with info………….on New CFTC Regulators Get 1st Lesson in Silver & Gold Price Rigging!!
Same old stuff………… silver way behind in pricing……….. should have already been well past $49
Apr 20, 2022 20:53 AM
Obviously unqualified Regulators again.
Today’s gains are entirely driven by the yen carry trade. By the looks of it, the yen can fall much further. (Yen is breaking down below the neckline of a 20 year H&S pattern currently). This should support US stocks and bonds and drive down commodity prices.