OPEC and friends met on May 25th and while they decided to extend their production cut for another nine months into 2018, the market was disappointed that they did not cut their production level more deeply.  The resulting fall in the crude oil markets was a bit of a surprise…

I have been commenting on the equity market “melt up” for several quarters now. Since the end of the first quarter, this melt up has persisted and extended. Lately I’ve noted many other financial practitioners, commentators, and writers using the term “melt up” too. While its use is becoming more…

OPEC and non-OPEC cuts are at or exceeding their stated goals as Russia finally reached its 300,000 barrels per day (bpd) target.  However, their efforts have been undermined by three primary factors:  expansion by OPEC producers not subject to cuts, expansion by non-OPEC producers and higher stockpiles of refined products…

We wanted to share with you one of our most popular blog posts: an updated list of the top FCMs (based on customer funds). When doing research in selecting a futures commission merchant, or FCM, (i.e. custodian) to house your managed futures portfolio, it can be difficult to find a…