October 21, 2014
Jon Najarian of optionMONSTER and CNBC’s “Fast Money” is in-studio talking markets, Apple Pay, college football and more. Joel Elconin of Benzinga breaks down earnings. Then, Tom White, President of Crossroads Financial updates us on the insurance and financial industries and how they’ve been affected by zero percent interest rates.
NOTE: Due to technical difficulties, shows older than September 11, 2015, are unavailable for download. We apologize for the inconvenience.
Guests & Co-Hosts
Jon “DRJ” Najarian is a professional investor, noted media analyst and speaker, and cofounder of optionMONSTER.com, a leading site for options and equity traders. Following a brief stint as a Chicago Bears linebacker, Jon launched his financial career at the Chicago Board Options Exchange (CBOE) in 1981, trading in the pits for some 25 years. In 1989 he founded Mercury Trading, running the company for 15 years until 2004, when he sold his floor-trading operations to Citadel. Jon has developed and patented trading applications used to identify unusual activity in stock, options, and futures markets, notably the Heat Seeker® program, which scans up to 10 million quotes per second. Jon’s research and analysis is widely cited by leading financial media as he appears daily on CNBC as well as articles published in Barrons, the Wall Street Journal and other leading financial periodicals. OptionMONSTER has been described by Securities Industry News as “content king of the options business,” and enjoys syndication agreements with CNBC, TheStreet.com, the Chicago Board Options Exchange, and NASDAQ. Jon & his brother Pete also run a private equity fund and are consultants for Najarian Family Office, a wealth management firm based in Chicago & Minneapolis. Read more.
Joel’s introduction to trading was in the Standard and Poor’s 500 Index futures pit at the Chicago Mercantile Exchange. Also, during his time at the CME, he was involved in Index Arbitrage as well as trading foreign currency futures and options. From 1994-1999 he was a proprietary trader for Olde Discount Corporation. Following his tenure at Olde Discount, he founded the Detroit office of Bright Trading, LLC. His responsibilities included trader recruitment, orientation and education as well as the day to day management of the office. He held this position office until 2003. Since 2003, Joel has been an independent trader researching and developing proprietary indicators and trading systems for the equities and futures markets. In 2007, Joel joined JC Trading Group as a Market Consultant and trading supervisor. He provides daily market commentary at www.premarketinfo.com. Joel obtained his Bachelor of Art in Political Science from the University of Michigan in 1985. Also, he is a graduate of the Chicago Mercantile Exchange Continuing Education Program. He also holds his Series 7 and 63 licenses and is a licensed real estate broker.
Tom White is the Owner of Lion Street Advisors in Austin, TX, along with serving as President of Crossroads Financial out of Chicago, IL — a boutique firm focused on high net worth individuals, families and business owners. Tom focuses on financial security planning, estate planning and business planning. He has been in the industry for 14 years.
In 1993, Tom White was selected in the 7th Round of the NHL Draft by the Chicago Blackhawks. He served as Captain of the 1997 Miami University Hockey Team and played professional minor league hockey from 1998-2000.
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