Joel Elconin - Weekly Market Recap: Market Touch All-Time Highs, Next Week Earnings & Central Bank Meetings
Joel Elconin, Co-Host of the PreMarket Prep Show joins us to share his thoughts on the S&P hitting all-time highs and pullback to end the week. Joel talks about the impact of President Trump's bullish comments, the significance of a $500 billion AI spending package, and momentum in big tech stocks.
We also discuss upcoming tech earnings reports from Tesla, Microsoft, Meta, Apple, and Amazon. Other topics include the U.S. dollar's recent drop, its effect on commodities like gold and silver, and notable moves in the oil price. Lastly, we touch on the central bank meetings, defensive plays in the market, and the future of cryptocurrencies like Bitcoin.
