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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 30, 2013: Potash Smash!

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.

Some highlights from:

  • Potash stocks are getting destroyed Tuesday as the world's largest producer says that prices may fall as much as 25 percent
  • Potash Corp of Saskatchewan (NYSE: POT), Mosaic (NYSE: MOS), Intrepid Potash (NYSE: IPI) down 20-25 percent
  • Agrium (NYSE: AGU), CF Industries (NYSE: CF) under pressure as well
  • Earnings from Merck & Co. (NYSE: MRK), Pfizer (NYSE: PFE), 3D Systems (NYSE: DDD), Herbalife (NYSE: HLF), Coach (NYSE: COH) and Aetna (NYSE: AET)

Check out the video below for a recap of Tuesday morning's show.

Tags: Dennis Dick Joel Elconin potash PreMarket Info

Posted in: Pre-Market Outlook Movers