Joel Elconin - Market Melt-Up, Mega-Cap Tech Strength, and Rate Cut Risks

Joel Elconin, co-host of the Pre-Market Prep Show and founder of the Stock Trader Network, joins us to break down the latest action in U.S. equity markets. September opened with a quick dip across the S&P, Dow, and Nasdaq, but as Joel highlights, the buy-the-dip mentality remains firmly in place - driven by mega-cap tech, broadening participation across sectors, and ongoing retail interest in equities. Key Topics Discussed: Mega-Cap Tech Leadership - Google, Apple, Amazon, and Meta continue to drive indexes, with court rulings and AI expansion acting as catalysts. Broadening Rally - Equal-weight indexes, small caps (IWM), and biotech show strength alongside value plays like healthcare and dividend stocks. Retail Sector Resilience - Strong reports from Macy’s (M) and American Eagle Outfitters (AEO) highlight consumer demand, even as IPO speculation unwinds. Precious Metals & Inflation - Gold and silver rising as investors hedge against inflation concerns, with Fed rate cuts looming despite strong markets. Risk Factors Ahead - The potential for stagflation if growth slows while inflation persists. Click here to visit Joel’s PreMarket Prep website Click here to visit the Stock Trader Network   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.