Joel Elconin - Benzinga

Articles by Joel Elconin

Sell Rosh Hashanah, Buy Yom Kippur? The Market Doesn't Make It Easy

Sell Rosh Hashanah, Buy Yom Kippur? The Market Doesn't Make It Easy

A common investing mantra is to"sell the rip and buy the dip". But, sell Rosh Hashanah In 2024? That is one tough question to answer.

Can Fierceness End The No. 17 Post Jinx In The Kentucky Derby?

Can Fierceness End The No. 17 Post Jinx In The Kentucky Derby?

In the 149 previous Kentucky Derbies, 44 horses have raced from the No. 17 post position. It's the only post that has not sent a horse to the Winners Circle. In addition, outside that post — 18, 19 and 20 — there have been only five winners in 84 attempts.

Don't Watch The NFL Draft Alone: Join Benzinga Nation, Step Into A General Manager's Shoes

Don't Watch The NFL Draft Alone: Join Benzinga Nation, Step Into A General Manager's Shoes

The excitement of the NFL Draft will continue “live” from the world headquarters of Benzinga overlooking downtown Detroit Thursday, where the draft is being held. Members of the Benzinga broadcast team, along with special guests, will be covering every pick in the all-important first round.

Analysis: Jim Harbaugh's Revived NFL Ambitions — Now That He's Won The College Championship, Can He Win A Super Bowl?

Analysis: Jim Harbaugh's Revived NFL Ambitions — Now That He's Won The College Championship, Can He Win A Super Bowl?

The curtain has finally come down on the circus of Jim Harbaugh’s tenure as the head football coach of the University of Michigan Wolverines after winning the 20

'Sell Rosh Hashanah, Buy Yom Kippur' Strategy Makes Dramatic Return In 2023

'Sell Rosh Hashanah, Buy Yom Kippur' Strategy Makes Dramatic Return In 2023

One market adage that is commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur."

The Preakness Stakes 2023 Preview: Can Mage Make Magic (Again), Betting Odds, Where To Watch It

The Preakness Stakes 2023 Preview: Can Mage Make Magic (Again), Betting Odds, Where To Watch It

The Preakness Stakes is Saturday, and for horse racing fans and bettors, it seems like the thoroughbred industry continues to get more mysterious: the 2019 Kentucky Derby winner, Maximum Security, was disqualified for interference during the race and Medina Spirit, the 2021 winner, was disqualified for drugs and died later that year.

Why The Kentucky Derby Favorite Could Be A Winning Strategy Saturday

Why The Kentucky Derby Favorite Could Be A Winning Strategy Saturday

Being a “punter” at the ponies over the last five decades, my natural instinct is to find the most undervalued longshot and go with it. Unfortunately, my longshot last year was not Rich Strike, and with the convoluted outcomes of the Kentucky Derby over the last four years, the chalk has not been the place to be.

OPINION: NCAA's Hypocrisy Casts Long Shadow Over March Madness

OPINION: NCAA's Hypocrisy Casts Long Shadow Over March Madness

Why is Brian Dutcher the head basketball coach at San Diego State University instead of the Michigan Wolverines? Why are the banners from the Fab Five —and other Michigan teams — missing from the Crisler Center rafters, and the related history erased from school records? Why?

Gene Munster, Cameron Dawson And 6 Other Experts Bring Q2 Predictions To Monday's 'PreMarket Prep'

Gene Munster, Cameron Dawson And 6 Other Experts Bring Q2 Predictions To Monday's 'PreMarket Prep'

The market was up in January, down in February and back up in March for a volatile first quarter. The end result has been a good one: as of Thursday’s close, the S&P 500 cash index was higher by over 5% and is tacking even more on in Friday’s session.

6 University Of Michigan Students Make Their Stock Pitches: Bear Case For Household Name Finishes 1st

6 University Of Michigan Students Make Their Stock Pitches: Bear Case For Household Name Finishes 1st

Six students completed due diligence on a stock of their choice for the Maize and Blue Stock Pitch Competition at the University of Michigan on Friday.

Maize And Blue Stock Pitch Competition: Showcasing Student Talents In The World Of Finance

Maize And Blue Stock Pitch Competition: Showcasing Student Talents In The World Of Finance

Pitching a stock in a contest is never an easy thing to do. Just imagine how hard it is going to be for the eight students competing in the Maize and Blue Stock Pitch competition. After devoting hours of preparation for the event, factoring in a potential banking crisis will be challenging and rewarding for their future business endeavors.

PreMarket Prep Preview: WisdomTree's Schwartz, Wharton School's Siegel Will Tackle The Fed's Rate Hike Thursday

PreMarket Prep Preview: WisdomTree's Schwartz, Wharton School's Siegel Will Tackle The Fed's Rate Hike Thursday

Benzinga's PreMarket Prep show welcomes a wide variety of excellent guests.

Ford Rallies Off GM's Q4 Success: 'Consumers Are Still Buying Cars'

Ford Rallies Off GM's Q4 Success: 'Consumers Are Still Buying Cars'

The “sympathy” trade is working well in the automotive sector in Tuesday’s session.

Chevron's Wild Week: Charting The Stock's Ride On Dividend, Buyback News — And Q4 Earnings Miss

Chevron's Wild Week: Charting The Stock's Ride On Dividend, Buyback News — And Q4 Earnings Miss

If a company offers up some good news the day ahead of an earnings announcement, it has to seem a bit fishy. In other words, why not wait until the following day to alert investors of the planned announcement (earnings) and the other unknown news? Unless, of course, the company is anticipating a negative reaction to the earnings report.

Charting The The Turbulent American Airlines Q4 Earnings Trade With PreMarket Prep

Charting The The Turbulent American Airlines Q4 Earnings Trade With PreMarket Prep

On some occasions, a company will preannounce that is going to have better than expected earnings. When that happens, it is often more difficult to predict the price action in the issue following the announcement for a few different reasons. The primary one: investors already factored in the better numbers.

PreMarket Prep Nails Overstock's Move Higher: 'This Stock Looks Sleepy'

PreMarket Prep Nails Overstock's Move Higher: 'This Stock Looks Sleepy'

Several growth technology have made substantial comeback in 2023, but a few have not fully participated in the rally. One of those issues is Overstock.com Inc (NASDAQ: OSTK), which is the PreMarket Prep Stock of the Day.

JPMorgan Chase Investors Buy The Dip Off Q4 Earnings: Technical Levels To Watch

JPMorgan Chase Investors Buy The Dip Off Q4 Earnings: Technical Levels To Watch

JPMorgan Chase & Co (NYSE: JPM), along with few other big banks, kicked off fourth-quarter earnings season Friday morning.

'They Are Going To Buy This Dip': What's Next For The Markets After Inline CPI, With Q4 Earnings Looming?

'They Are Going To Buy This Dip': What's Next For The Markets After Inline CPI, With Q4 Earnings Looming?

The entire investment world was on pins and needles Thursday morning waiting for the release of the December Consumer Price Index reading at 8:30 a.m. EST.

Airline Stocks Are Rallying In 2023, Even With Travel Chaos: What Happens Next?

Airline Stocks Are Rallying In 2023, Even With Travel Chaos: What Happens Next?

So far, 2023 is getting off to good start for investors. Of course, the release of the December Consumer Price Index on Thursday morning could change that in a hurry.

Coinbase Investors Applaud Layoffs: Is The Stock Turning Around, Or Does Bitcoin 'Have A Date With $10K'?

Coinbase Investors Applaud Layoffs: Is The Stock Turning Around, Or Does Bitcoin 'Have A Date With $10K'?

As more and more technology companies announce layoffs, the investor reaction to the job reductions has been mixed. The latest company to announce layoffs is Coinbase Global Inc (NASDAQ: COIN), which is Tuesday's PreMarket Prep Stock of the Day.