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Dennis Dick & Joel Elconin

Joel’s introduction to trading was in the Standard and Poor’s 500 Index futures pit at the Chicago Mercantile Exchange. Also, during his time at the CME, he was involved in Index Arbitrage as well...

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Benzinga's PreMarket Info Recap for July 3, 2013: Don't Place Bets You Can't Win

Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves?

Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on the action before the opening bell.

Watch the video below to recap Wednesday morning's show.

Some highlights:

  • It's all about the 1594 level in the S&P futures
  • We have bounced off that level again overnight
  • S&P cuts the ratings on some European banks
  • Joel loses Apple (NASDAQ: AAPL) bet to Dennis
  • Alcoa (NYSE: AA) breaking down to new 52 week lows

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Tags: PreMarket Info

Posted in: Economics Pre-Market Outlook Markets Movers Trading Ideas