Joe Kinahan (JJ), chief market strategist for TD Ameritrade, began his career as a Chicago Board Options Exchange (CBOE) market maker in 1985, trading primarily in the S&P 100 (OEX) and S&P 500 (SPX) pits. While spending his time there primarily as an independent market maker, he also worked for ING Bank, Blue Capital, and was managing director of Option Trading for Van Der Moolen, USA. In 2006, Mr. Kinahan joined the thinkorswim Group, which was eventually acquired by TD Ameritrade. After leading the Educational Events Team, in 2009 he became the managing director of Active Trader Services. Mr. Kinahan, a 28-year trading veteran, is a CNBC regular, a Forbes contributor, and is frequently quoted in the Wall Street Journal, Financial Times, and Reuters News, along with many other respected media outlets. He is also a member of the Board of Directors at NYSE ARCA, and is a member of the Arbitration Committee at the CBOE. His licenses include the 3, 4, 7, 24, and 66.Options involve risks and are not suitable for all investors.TD Ameritrade, Division of TD Ameritrade, Inc., member FINRA/SIPC/NFA. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. 2013 TD Ameritrade IP Company, Inc. All rights reserved. Used with permission.
JJ Kinahan discusses when the fiscal cliff debate will end and who stands to benefit from its resolution.
JJ Kinahan talks about the S&P 500 and the VIX and what traders should monitor through the year-end.