Joel Elconin, Co-Host of The Benzinga Pre-Market Prep Show and Editor of the PreMarket Prep website joins us to discuss the “January Effect” which says stocks, especially small-caps perform best in January compared to the rest of the year.
We look at the tech sector, which has bounced back strongly, in the face of massive layoffs. There are some big tech earnings coming up in the next couple of days. We also discuss the moves in oil and gold.
Joel brings up some comparisons to pre-Covid markets and how 2020 and 2021 represented some outsizes moved. Maybe the markets are moving back to an equilibrium to pre-Covid times.