Joel Elconin

Did you miss today's PreMarket Prep? Here are some of the highlights from the show. Key Technical Levels The following are some of the stocks discussed on the show for which co-host Joel Elconin offered technical levels. Bank of America Corp (NYSE: BAC) hit a low last week of $22.43, and...

Did you miss today's PreMarket Prep? Here are some of the highlights from the show. Key Technical Levels The following are some of the stocks discussed on the show for which co-host Joel Elconin offered technical levels. Bank of America Corp (NYSE: BAC) is trying to find a home at $23.00...

Did you miss Tuesday's PreMarket Prep? Here are some of the highlights from today's show. Key Technical Levels General Mills (NYSE: GIS): Going long term, it has to retake $60, except for one blip to $58.70 in February, it has been in $60-$64 trading range for six months. It's now...

Did you miss Monday morning's PreMarket Prep? Here are some of today's highlights. Wild Volatility At Friday's Close Friday's quadruple witching brought with it some significant volatility at the end of the trading Premarket Prep co-host Dennis Dick noted. "That was one of...

EnteroMedics Inc (NASDAQ: ETRM) is logging another huge 50 percent gain on Tuesday, reading as high as $30.41 on the day. PreMarket Prep hosts Joel Elconin and Dennis Dick discussed the microcap medical devices stock on Tuesday morning’s show. EnteroMedics shares are now up a staggering 1,320...

After hitting a new all-time high of $119.93 on Wednesday, shares of NVIDIA Corporation (NASDAQ: NVDA) began a strong sell-off, closing the day at $109.28. The reason for Wednesday's sell-off was attributed to a Tweet by Citron Research's Andrew Left, who suggested that the stock's...

The Dow Jones Industrial Average could very well hit the 20,000 miles-tone on Wednesday, which naturally poses the question of whether it is time for stocks across all sectors to take a breather. During Tuesday's edition of Benzinga's PreMarket Prep, Joel Elconin and Dennis Dick examined financial...

PreMarket Prep hosts Joel Elconin and Dennis Dick discussed the real impact that the OPEC production cut deal will have on oil stocks. According to Dick, WTI’s 9 percent jump to nearly $50 isn’t really cause for celebration for many of the higher-cost oil producers. “A lot of...

The S&P 500 has been surprisingly stable following the shocking election of Donald Trump on Tuesday. Despite the overall stability, Trump’s election has certainly had an impact on a number of traders. International stocks, hospital stocks, gun stocks and gold stocks have been hammered...

L Brands Inc (NYSE: LB) shares are tumbling 8.3 percent on Tuesday following negative commentary from management and a 2016 full-year guidance cut. Following Tuesday’s drop, shares of the battered retailer are now down 31.1 percent in 2016. PreMarket Prep hosts Joel Elconin and Dennis Dick...

At first glance, the FBI's decision to take a second look into the Hillary Clinton email investigation appeared to benefit the biotech sector given her limiting drug price increases rhetoric. However, soon the trend reversed and the opposite has happened. Biotech stocks took a beating last week as...

Today's markets can be confusing and frustrating. Between the shenanigans of high frequency traders, an indecisive Federal Reserve, and an upcoming presidential election, short- and long-term investing can be very difficult. Luckily, Benzinga offers its own pre-market show (PreMarket Prep)...

The Financial Select Sector SPDR Fund (NYSE: XLF) is a bit leaner on Monday following a transfer of its real estate assets into the Real Estate Select Sector SPDR Fund (The) (NYSE: XLRE). Back in June, the S&P Dow Jones Indices (SPDJI) announced that the XLF’s benchmark, the Financial...

There’s a whole class of traders out there that trade merger & acquisition (M&A) rumors and news. When one company makes a buyout bid for another company, the bid is typically priced at a premium to the target company’s market value at the time of the bid. As a result, buyout...

Technical analysts often use Fibonacci retracement levels as targets when trading stocks. The key Fibonacci numbers are ratios derived from the Fibonacci series. A Fibonacci series starts with 0 and 1 and then each successive number is the sum of the previous two (0,1,1,2,3,5,8…). The...