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Book Reviews
Japanese rice traders in the eighteenth century utilized candlestick patterns as a reliable way to predict future demand. Today, traders draw from approximately 60 candlestick patterns to predict...
With more than 30 years experience in the equity options market, Mark Wolfinger isn’t afraid to make a trade. He doesn’t want you to be either. In his introductory book to equity options trading,...
Market Analysis
“If we are still in this panicked fearful uncertain mode, demand will be restricted,” says Thomas Hartmann, analyst for Altavest Worldwide Trading; and even at these levels, consumers are likely to...
In a sickening slide, the S&P 500 plunged to 837 in early October from 1277 on Sept. 2. “It looks like a market in virtual free fall,” says John Welsh, SVP of Peregrine Financial Group. And as it...
After a decade as the weak sister of major currencies, the Japanese yen has greatly strengthened against the U.S. dollar. “There’s not a fundamental reason for this. It’s more a trading dynamic,”...
Managed Money
Tom Sowanick, chief investment officer for fund of fund Clearbrook Research, gave his take on the current market turmoil at an Oct. 6 panel on alternative investments. Sowanick said demand for...
One of the selling points for managed futures has always been their use as a diversification from traditional equity and bond portfolios. Moreover, numerous studies have shown that managed futures...
New For Traders
CME Group launched U.S. Midwest Domestic Hot-Rolled Coil steel futures contracts and expanded random length lumber futures and options on futures contracts and now offers them on CME Globex....
People
Ricardo Manrique was named CEO of Stoxx Limited. Previously, he worked in Latin American derivatives sales and structuring at Standard Bank Plc. “Ricardo’s great experience in index development,...
Newsletters
Profiles in Forex
The collapse on Wall Street set off a regulatory firestorm in Washington, and the futures and options industries were shaken by the SEC’s temporary ban on short selling for 799 financial companies on...
When exchange clearing members come under stress, the clearinghouse gets active, so we talked to Kim Taylor, managing director and president of CME Clearing House Division, to see what steps were...
It’s Monday Sept. 22. The week before, Lehman Brothers shocked the financial world by declaring bankruptcy and sent the markets into an epileptic siezure. But for me and the hedge fund I work for,...
In October, my view was that the Euro would lose value based on its correlation to lower energy, metal, and global stock markets (see strategy below). I recommended a strategy to buy a EUR TWI Put...
In college, Jamie Charles, chief investment officer of Greenwave Capital, began trading with money he earned over summers waiting tables in the Catskill Mountains; and in 1980, during his junior year...