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Mob Ruling

November 28, 2017


Chief and Matty Weber kick off the show reflecting on the Tennessee head football coaching debacle and how ‘mob rule’ is becoming the norm. Joel Elconin of Benzinga delves into the Buffalo Wild Wings acquisition. Karl Denninger of Market Ticker is not a fan of the GOP Tax Bill. Chief and Karl talk taxes, Bitcoin and more. Finally, John Neal of PTI Securities & Futures‘ Peoria, AZ location shares trading strategies. 

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Guests & Co-Hosts

Matt Weber

Matt Weber is currently the Executive Producer, Update Anchor and starting Center Fielder for Stocks & Jocks. He is a die-hard sports fan (Cubs, Bears and Bulls especially) and has worked for WSCR-AM 670 The Score, 120 Sports Network and Chicago Sports Webio while also appearing on Comcast Sportsnet Chicago. Matt has covered the Chicago Bulls, Chicago Cubs and the Chicago Marathon as a field reporter and has interviewed some of the biggest names in sports and entertainment. Matt lives in the Lincoln Park neighborhood on the Northside of the city.

FAVORITE SPORTS MOMENT

November 2, 2016.

ONE THING LISTENERS MIGHT NOT KNOW ABOUT YOU

I actually prefer cats over dogs … don’t tell anyone.

ONE TRADE YOU’D LIKE TO HAVE BACK

I turned down free tickets and a ride to Milwaukee to go watch the Cubs vs. Astros play a Hurricane Ike makeup game back in 2008. I decided instead to play pickup basketball with a few of my friends. Of course, Carlos Zambrano ended up throwing a no hitter that night … and I ended up with a sprained ankle. Bad trade.

Joel Elconin

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.

Karl Denninger

Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement.

Denninger was the founder and CEO of MCSNet in Chicago. Opened as Macro Computer Solutions, Incorporated in 1987, it expanded its service offerings in 1993 to become one of the area’s first commercial internet service providers. Among its customers was the Chicago Public Library, which relied on MCSNet for both internet access and web hosting. In 1997 he led a coalition of ISPs in setting up the Enhanced Domain Name System, a short-lived alternative DNS root which allowed registrants to add their own generic top-level domains. Denninger continued to run MCSNet until August 1998, when he sold it to Winstar Communications for an undisclosed amount. For his efforts, the Chicago Sun-Times dubbed him one of “the movers and shakers who brought Chicago into the Internet Age”. After the sale of MCSNet, he moved to Florida, where he began to devote more time to stock trading and political activism.

John Neal

John Neal directs PTI Securities’ Glendale, Arizona office serving the firm’s clients in the Phoenix metro area and across the Western U.S. He oversees day-to-day operations, including client services, investor education, staff management and marketing. John has more than 12 years of management experience in the securities and financial services industry. He joined PTI Securities in 2003 in this role. Prior to that time, he was a branch manager with Phoenix area firms, Granite Capital Management and, most recently, Independent Financial Management. A native of Pittsburgh, Pennsylvania, John earned a bachelor’s degree in international management from Arizona State University in Tempe. Away from work, John enjoys reading, live music and outdoor activities. He also volunteers with the St. Vincent De Paul Society and the Lupus Foundation of America. Married with two children, John and his family live in Peoria, Arizona.

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