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Cover for Joel Elconin - A Schizophrenic Market, Stocks That Are Breaking Out

Joel Elconin - A Schizophrenic Market, Stocks That Are Breaking Out

May 02, 2024
KEReport
By KEReport
KEReport

On a week with the Fed meeting, jobs data and major tech earnings it's fascinating to see the market pretty much flat on the week. Joel Elconin, Co-Host of the Benzinga PreMakret Prep Show, is calling this market schizophrenic.

The markets started off the week by selling off only to be bought back on Thursday and Friday. The weak jobs data on Friday is being viewed as a bad news is good news event.

I ask Joel about the short term technical set up for the S&P. He shares a handful of stocks and sectors that are breaking out or simply in uptrends.

Click here to visit Joel's PreMarket Prep website to keep up to date with the stocks that catch his eye.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
View all podcast by KEReport

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