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Joel Elconin

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S&P 500 Breaches June Low: Why PreMarket Prep Is Watching This Bond ETF

By Joel Elconin
September 27, 3:10 PM
Let”s cut to the chase. Long before the Fed heads made their hawkish comments Tuesday morning, we all knew what is plaguing this market: rising interest rates.

DXZ

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4 minute read
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Sell Rosh Hashanah, Buy Yom Kippur? Revisiting The Market Adage In Turbulent 2022

By Joel Elconin
September 24, 12:23 PM
One old market adage that is commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur." With the holidays commencing Sunday at sundown, it is time for this year's investment interpretation of the adage from the perspective of this investor.

F

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Why It’s A Bad Day For Costco To Report Q4 Earnings

By Joel Elconin
September 22, 2:30 PM
There are good days and bad days to be announcing earnings. When the market is good, investors are in buying mode. When the market has a bad day, investors do not have the same appetite for risk. As of Thursday afternoon, the markets are leaning to the downside.

COST

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‘Grand Theft Auto VI’ Leak Has Take-Two Interactive Stock Seeing Red: What’s Next?

By Joel Elconin
September 19, 3:00 PM
When a company's computer systems are compromised, it is not surprising there is going to be a negative impact on its share price, though the price action following such an announcement can vary.

TTWO

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FedEx’s Economic Warning Rattles Amazon Investors: What’s Next For The Stock?

By Joel Elconin
September 16, 4:35 PM
The fallout from FedEx Corporation (NYSE: FDX)'s pre-earnings announcement is having a ripple effect in the markets, and perhaps the most devastating impact is on Amazon.com, Inc. (NASDAQ: AMZN), which is the

AMZN

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Oracle’s Earnings Rally Tumbles With Market Rattled By Inflation

By Joel Elconin
September 13, 4:51 PM
What started out as a good day to report earnings has turned into an extremely bad one for Oracle Corporation (NYSE: ORCL). The price action following the software stock's first-quarter report makes it the PreMarket Prep Stock of the Day.

ORCL

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Large Premarket Seller For Kroger Shares Spotted Friday: Trading The Grocer’s Q2 Earnings

By Joel Elconin
September 9, 3:39 PM
There are several critical aspects of the PreMarket Prep show that no other financial media has even a clue about. One of those is interpreting order flow and the price action in premarket and after-hours trading.

KR

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Charting The Asana Rally: Earnings Season Isn’t Over Yet

By Joel Elconin
September 8, 4:42 PM
Second-quarter earnings season is not quite over yet, as Asana Inc (NASDAQ: ASAN) announced earnings after the close on Wednesday.

ASAN

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Lyft Slides On BofA’s Bearish Take: The Good And Bad News From The Stock Chart

By Joel Elconin
September 6, 3:37 PM
Besides earnings and fundamental news affecting the broad market, Wall Street analyst actions can have a positive or negative impact on an issue's price action.

LYFT

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Lululemon Investors Stretch Out After Q2 Beat: ‘Firing On All Cylinders’

By Joel Elconin
September 2, 3:10 PM
While the rally in some of the reopening stocks has fizzled out, the back to the office trade is alive and well. 

LULU

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