Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of PreMarket Prep joins us to delve into the current state of U.S. equity markets. The discussion covers the S&P 500’s struggle to break through all-time highs, the Dow’s performance, and the lag in tech stocks, notably the Magnificent 7. The focus then shifts to individual stocks like NVIDIA, its recent price action, and strategies surrounding earnings reports. Joel provides technical levels for investors, discusses broader market trends, and shares insights into upcoming economic data, inflation numbers, and the potential impact of future rate cuts.
Click here to visit Joel’s PreMarket Prep website.