Still worried about the markets and overall world? We try to look ahead to when we turn the corner to better times.
Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me to first look ahead to when we turn the corner from the economic shutdown. We discuss the sectors that he thinks will bounce back strongest.
We then move to a longer term look at the markets, damage done to the markets and economy, and government funding plans. It remains a scary world for everyone.
Just how different is the world going to be after COVID-19 is behind us?
Joel Elconin joins me today for a very different conversation than we normally have. We look at society generally and how thinks will change in terms of confidence in governments, country relations, and all other things that deal with person to person and county to county interactions. There is a chance things could be very different moving forward.
Another week and another headline that drives fear into the markets. This has become the trend in 2020 and has caused a lot of money to be pulled out of markets.
Joel Elconin joins me with his thoughts on how a sense of calm is needed in the markets before an sustainable rebound could happen. We discuss the buy the dip mentality and how the oil crash is adding a whole new fear to these markets.
Joel Elconin is up next with his thoughts on the Fed rate cut and the reasons behind the cut. Driving home the fact that central banks are going to continue to be easy there are a lot of risks and fear in the financial system.
Safe Havens, US Markets, Bitcoin, and Energy – All Very Different Trades
Joel Elconin joins me to discuss the fear that has taken hold of the markets just this week. The economic impact of the Coronavirus will extend into Q2 of this year so the trade into safe havens should remain strong. We also look at Bitcoin that has not been moving and throws some shade on the safe haven argument at least for right now.
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Recapping the Comments Out Of Apple and The Market Reaction Into Risk Off Assets
Joel Elconin joins me today to share his thoughts on the negative comments out of Apple yesterday and the market moves out of risk on into risk off. It’s important to consider and understand where Apple’s stock has gone over the past 6 months and how this dip is already being bought back slightly. Overall the shift to risk off assets to start this week is noteworthy.
A Look Ahead To Apple’s Earnings and The Fed Meeting
Joel Elconin joins me today to look past the Coronavirus and address some of the more fundamental drivers for the markets. Apple is reporting earnings today, and after more than doubling in 2019 this stock can be used as a barometer for the overall markets.
We also have the Fed statement tomorrow that could have implications on the markets. While nothing major is expected we will have to see if Powell address the balance sheet expansion or future rate policy.
Buy the dip for US markets remains but look at the Tesla and Costco charts
Joel Elconin joins me today for a look a the US markets and how the recent black swan events can’t seem to sway the buy the dip mentality. We also chat about a couple analyst ratings upgrades for Tesla and Costco which have the stock moving higher.
Recapping Banks Earnings, Short Squeezes in Bigger Named Stocks, and Cannabis Bouncing
Joel Elconin kicks off today with a quick recap of a couple banks earnings that beat and missed estimates. The market is noticing and reacting depending on the result but Joel points out he thinks there are more important things to watch. When it comes to short squeezes look at the charts of Tesla and Beyond Meat. We wrap up with a comment on the cannabis stocks that are going through a bit of a pop.