Joel Elconin, co-host of the PreMarket Prep show and founder of the Stock Trader Network, joins us to break down what’s driving the current market sentiment as the S&P 500 hovers just below all-time highs.

In this wide-ranging conversation, Joel shares a contrarian view on the recent rally, questioning the sustainability of momentum and highlighting the growing disconnect between valuation metrics and investor behavior. From tariff confusion to the diminishing importance of economic data, Joel outlines why this market feels “overpriced” and why now may be a smart time to consider rebalancing portfolios.

We also dive into:

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