Joel Elconin – Market Sentiment Has Changed, The Bears Are In Control
Cory
September 6, 2024
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of PreMarket Prep joins us to delve into the recent market pullback, with the S&P down over 4% and NASDAQ down over 5.5% in a shortened trading week. Joel breaks down the factors driving the sell-off, such as buyer exhaustion, tech earnings, and stretched valuations, particularly in the AI sector.
We also recap Warren Buffett’s recent market moves, the impact of the rising Japanese yen on tech stocks, market seasonality, and potential opportunities in interest rate-sensitive sectors. Joel shares his insights on market sentiment and technical analysis, providing valuable perspectives to navigate these turbulent markets.
Fed policy
Interest Rates
Investor Sentiment
Joel Elconin
Market Commentary
Tech Stocks
US Equity Markets
Yen
Discussion
1 Comment
Sep 07, 2024 07:19 AM
Joel never holds back ….a bunch of good timely information.