Listen to PreMarket Prep and chat LIVE with our hosts, guests, and other listeners every weekday from 8-9:30 ET!

http://premarket.benzinga.com/pre-market-show/

On today's show, Dennis and Joel discuss the massive move in traditionally defensive stocks, especially in foods, energy, and utilities. We also discuss whether Netflix and Tesla are worth their premiums, and what will happen when the market inevitably turns.

Guests:

Tommy Lackey, Founding Partner and CIO of Barber Lackey Financial Group (34:15)

Michael Palumbo, Author of "Calculated Risk", Founder of Third Millennium Trading (56:26)

Chuck Self, CIO of iSectors ($184M AUM), ETF Strategist (1:14:24)