Joel Elconin - Spark Newswire

2 minute read

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

Today, 12:20 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

2 minute read

Oracle’s Earnings Rally Tumbles With Market Rattled By Inflation

By Joel Elconin

Today, 12:20 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

2 minute read

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

By Joel Elconin

Today, 12:20 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.

2 minute read

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

By Joel Elconin

Today, 12:20 PM

Second-quarter earnings season is not quite over yet, as Asana Inc (NASDAQ: ASAN) announced earnings after the close on Wednesday.

ASAN

2 minute read

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

By Joel Elconin

Today, 12:20 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

2 minute read

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

By Joel Elconin

Today, 12:20 PM

While the rally in some of the reopening stocks has fizzled out, the back to the office trade is alive and well.

LULU

2 minute read

The S&P 500 Has Lost Ground Since Powell’s Warning Of ‘Pain’: What Comes Next?

By Joel Elconin

Today, 12:20 PM

The S&P 500 index, as well as the components in it, tend to move in streaks both on the upside and downside. Paying attention to a streak in the index may assist investors in the challenging task of catching turns in market momentum.

SPY

2 minute read

‘PreMarket Prep’ Breaks Down The CrowdStrike Q2 Earnings Trade: ‘I Am Staying Away’

By Joel Elconin

Today, 12:20 PM

Trading an issue following an earnings report can be treacherous. On many occasions, the levels reached in either premarket or after-hours trading are never revisited. Therefore, relying on the last few days of price action may be the course of action to exit or enter an issue.

CRWD

2 minute read

EXCLUSIVE: The Market Signal That Makes DriveWealth’s Jay Woods ‘Cautious’

By Joel Elconin

Today, 12:20 PM

Listeners of Tuesday’s "PreMarket Prep" show were treated to a very informative interview covering both technical and functional aspects of the market with Jay Woods.

AAPL

3 minute read

Ark Innovation ETF Leads Market Out Of The Basement: ‘There Is A Chance Here On The Bullish Side’

By Joel Elconin

Today, 12:20 PM

When trying to identify turns in the market and depending on the current market conditions, there are certain issues that are ahead of the broad markets. At this time, ARK Innovation ETF (NYSE: ARKK) is one of them and is Monday's PreMarket Prep Stock of the Day.

ARKK