Market Color

In today’s fragmented markets, securing alpha and best execution remains challenging. JonesTrading provides market color and insights intraday, daily, weekly and in overall trends to portfolio managers and traders making strategic investment decisions. We are proud of our market insight and three strategists, Cabot Henderson, David Lutz and Michael O’Rourke.

Market Color

The Closing Print

Michael O’Rourke

CMT, Chief Market Strategist

Michael O’Rourke authors "The Closing Print", a close of day in-depth analysis of market activity which provides quality intelligence that "tees-Up" the next day’s trading. Mr. O’Rourke was a Portfolio Manager and U.S. Strategist at Marshall Wace Asset Management and served as Chief Market Strategist at BTIG. He began his career at the Spear, Leeds & Kellogg division of Goldman Sachs. He regularly contributes to media including: Barron’s; The Wall Street Journal; Business Week; Bloomberg Television and Radio; Fox Business Network; and CNBC. To receive The Closing Print, contact Mr. O’Rourke at

Market Color

Event Snapshot

Cabot Henderson

Vice President, Chief Event Strategist

Cabot Henderson covers risk arbitrage and event driven trading situations. He was Founder and Portfolio Manager at Center Hill Capital. He has served as Senior Analyst at Hudson Bay Capital and was an Analyst and Trader at C12 Capital. He has also worked in Equity Derivatives and Global Markets at Barclays Capital and Merrill Lynch, respectively. He holds an MBA from MIT Sloan School of Business and a BA (with honors) from Harvard University. Contact Mr. Henderson at

Market Color

What Traders are Watching

David Lutz

Head of ETF Trading and Strategy

Dave Lutz authors "What Traders are Watching" and runs intra-day chatrooms, focused on macro trends and positioning. He was ranked 6th best Sales Trader in the Institutional Investor 2016 All America Trading Team. The ranking is based on a survey of buy side traders, markets structure analysts and other professionals, and voting is for exceptional service. He is a frequent contributor on CNBC and Fox Business and is often quoted in the WSJ, FT, and Bloomberg. Before joining JonesTrading, Mr. Lutz built Stifel Financial Corp.’s ETF business. He also was head of Tech, Media, and Telecom (TMT) trading in his tenure there. He focused on block trading when he was at Wachovia. He started his career at Alex. Brown, before moving to UBS. Contact Mr. Lutz at