JJ began his career as a Chicago Board Options Exchange (CBOE) market maker in 1985. He also worked for ING Bank and Blue Capital, and was Managing Director of Option Trading for Van Der Moolen USA. In 2006, he joined thinkorswim®, which TD Ameritrade Holding Corp. acquired in 2009. After leading the Educational Events team, he became Managing Director of Active Trader Services in 2009.
A 30-year trading veteran based in Chicago, JJ is a CNBC "Fast Money" guest and is frequently quoted in The Wall Street Journal, Financial Times, and Reuters News.
As Chief Market Strategist at TD Ameritrade, JJ is a frequent contributor to The Ticker Tape. His column, Daily Market Update, helps readers prepare for the trading day ahead.
As Host of Real Talk with JJ Kinahan, a weekly talk show on TD Ameritrade Network, JJ looks at the big picture of trading trends and chats with key influencers in the trading world. Real Talk with JJ Kinahan airs every market day at 11:30 am and 1:30 pm CT on TD Ameritrade Network.
Fresh tariff talk helped steer a flight to safety that seemed to accelerate into the Friday close. Stocks sold off sharply, the yield on the 10-year Treasury fell to around 1.5%, VIX soared above 20 and gold returned to the mid-1500s per ounce.
A highly anticipated speech from Fed Chairman Jerome Powell is scheduled for a little later this morning. Given how jittery the market has been with the Treasury yield inversions and recession fears, ultra-low longer-term U.S. government debt yields, and continued worry about the trade war, today could end up being a volatile session.
It looks like the calm before the storm with markets generally quiet as the Fed’s Jackson Hole summit begins. A brief yield curve inversion late yesterday doesn’t seem to be having much of an impact.
The U.S. consumer is back in focus today as Target and Lowe’s both rise double-digits on earnings beats. More retail earnings on tap later, along with Fed minutes.
A cautious feeling still reigns over the markets this week on continued worries about tariffs and weak bond yields. However, strong results today from Home Depot, Kohl’s, show consumer is still healthy.
Bond yields were rising early, giving the stock market a stronger feeling after a rocky two weeks of trading. A number of key retailers report this week, and the Fed holds a symposium.
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