jonNajarian

Jon "DRJ" Najarian

  • Trader Talk | Trade Ideas | Dec 29, 2016, 8:54 AM

    Looking Forward to 2017

    Looking Forward to 2017

    Christmas certainly came early this year, but where would I look for more presents in the season of giving? Consumers, not corporations run the economy. We collectively are responsible for 70% of our economy, so when we are more confident, when sentiment is positive, it is reflected in stock prices. In 2017 I see several catalysts for higher consumer confidence: 1) Lower taxes 2) Redo or Replace Obamacare, both of which will put more change in consumer's pockets. Where will they spend that? CONSUMER[...]

  • Market News | Trader Talk | Dec 22, 2016, 11:47 AM

    Holiday Volumes as DJIA Tests 20K

    Holiday Volumes as DJIA Tests 20K

    Both equities and options volumes are down dramatically as we head into year end. The S&P 500 volumes traded were down 26% Monday, 30% Tuesday and 38% Wednesday versus the prior 10 day average. Options volumes have also been hit, but not as hard. Total options traded and cleared Monday were down 16% from the prior 10 days. Volumes were down 18% Tuesday and 28% yesterday. The CBOE's VIX, the most widely followed measure of risk in the markets is down from a post election high of 23% briefly broke[...]