JJ Kinahan

JJ Kinahan, Chief Market Strategist at IG North America, shared his surprise over the bullish activity surrounding Meta Platforms Inc. (NASDAQ:META) in recent weeks. What Happened: Speaking on CNBC's Last Call on Wednesday, Kinahan noted that retail investors have not missed out on the Apple rally...

The recent surge in meme stocks, including GameStop Corp. (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and BlackBerry Ltd (NYSE:BB), is not the result of retail traders acting in unison, according to a top industry executive. What Happened: JJ Kinahan, CEO of IG North America, suggested that...

Editor’s note: This story has been corrected to reflect JJ Kinahan’s current job titles. JJ Kinahan, CEO of IG North America and president of tastytrade, has suggested that nearly half of the U.S. voted for Donald Trump. Hence, people will be interested in buying Trump Media &...

There are a variety of ways artificial intelligence can help improve trading products for end users. Several experienced finance industry players talked about what AI means for their businesses on Monday at the Benzinga Fintech Deal Day & Awards. The panel was "From...

Tastyworks announced it would assume the name of its IG Group Holdings Inc.-owned parent and financial media company, tastytrade. Context: Since 2011, tastytrade advocated for and empowered individual retail investors. The firm’s founders, who previously created the...

Technology stocks came under heavy selling pressure early Tuesday as investors looked at a combination of uncertainty on Capitol Hill coupled with all but the certainty that borrowing costs will increase. The yield on the benchmark 10-year note jumped more than 5 basis points to the top 1.54%, its...

There’s a mixed tone early after an overnight rally flagged amid political turmoil in Washington, D.C., and concerns about more supply chain challenges. The coming decisions around the budget, debt ceiling, and other issues on Capitol Hill really appear to be the focus this week in a big way...

Nike (NYSE: NKE) was trading down 5% in pre-market action after reporting lower than expected revenues last quarter and slashed its revenue projections. The company cited high demand for its athletic gear, but the broken supply chain is giving Nike issues in Vietnam and Indonesia. However,...

Wall Street got some clarification from the Fed yesterday after a long wait, which helps explain why major indices are painted green this morning. The Fed basically said the economy is doing better, and that’s good to hear.  Volatility is down, with the Cboe Volatility ...

“Soon” appears to be the operative word on the Fed’s plans to roll back its 18-month stimulus program. The exact timing, however, is left to our imagination for now. That’s one conclusion investors might take following the central bank’s decision today to keep rates...

Stocks appear set to open higher on Wednesday ahead of the Fed announcement. However, there’s no expectation that interest rates will change. Instead, investors will likely be looking for any signals of a delay in tapering plans. Currently, the feeling is that the risk of Evergrande becoming...

People who were being lulled to sleep thinking the markets were boring got a wake-up call yesterday. The U.S. futures and European stock markets were trading higher Tuesday following massive losses on Monday. Asia booked modest gains—even as mainland China markets remained closed for a public...

It was “manic Monday” on Wall Street. In a blunt and unpleasant reminder of how crises thousands of miles away can puncture the heart of the U.S. markets, a real estate crisis in Hong Kong took much of the blame for the sharpest daily losses in more than two months for the major U.S....

The orderly selloff we’ve been having just got a bit disorderly. The markets started the week feeling like it was a Manic Monday with stock futures sharply lower on extended concerns regarding China’s real estate sector. Of particular interest is Hong Kong-listed Chinese developer...

Oil futures (/CL) are up 1% this morning ahead of the crude oil inventories report. While the NY Empire State Manufacturing Index was nearly double forecast.  However, the news failed to move markets.   It’s hard to get Microsoft (NASDAQ: MSFT) to move 1% but its...