Joel Elconin - Inflation Data, and the Relentless Big Tech Rally, When Will The Market Top?

Joel Elconin, co-host of the PreMarket Prep Show and founder of the Stock Trader Network, joins the KE Report to discuss how markets shrugged off a hotter-than-expected Producer Price Index (PPI) print and why big tech continues to lead the charge. We break down: Inflation surprise: PPI’s sharp jump and why the market still expects Fed rate cuts. Sector divergence: Big tech strength vs. small-cap struggles as rates rise. IPO and crypto surge: What the frothy IPO market and Bitcoin highs signal about investor sentiment. Defensive assets: Why gold remains rangebound despite macro uncertainty. Market psychology: Momentum dominance, risk-on sentiment, and whether anything can derail this rally. Follow Joel: PreMarket Prep Show  - Stock Trader Network