Financial Markets Report For Wednesday, Jan 7

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In this video, Ira Epstein discusses the recent market activities and anticipates further developments in the financial markets. He notes a temporary pullback in stock indices and highlights upcoming economic reports, including the Challenger Grave Report, trade balance data, and the critical jobs report, which he refers to as the "elephant in the room."
Epstein also comments on the U.S. president's social media activity, criticizing corporate housing practices and defense contractors, which has impacted the stock prices of companies involved.
He concludes by analyzing the S&P 500 index, suggesting a bullish bias when it is above the 18-week average of closes.
Video Length: 00:11:03
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