Stay Golden, Ponyboy
We were sort of missing writing about Gold’s wild moves. After all, it’s been pretty tame for the yellow metal lately. As it turns out, the barbarous relic is back to its old tricks, and today’s move does well as a classic example of why futures trading- particularly in precious metals- is not for the […]
The Quiet Before the Storm?
It’s been quiet so far in 2012. Too quiet, if you ask us. Perhaps our complaints sound hollow in light of the recent credit downgrades and the political fireworks stateside, but the markets simply aren’t providing the entertainment we’d grown accustomed to in 2011. Not convinced? See what we mean? Where are those big monthly […]
Risk On/Risk Off: The Rollercoaster in Pictures
In reflecting on 2011 and the great risk on/risk off dialogue, we began to consider our own contributions to the conversation. The isolation of a day as being risk on or risk off in our publications had been far from scientific. Deriving inspiration from Oliver Wendell Holmes, we never attempted to define what made a […]
How Much to Risk in a Risk On/Risk Off Market
Yesterday we covered the correlation levels between the various traditional asset classes, but today, we’re more interested in the correlation between the markets themselves. While traditional stock brokers were lamenting the rise in correlation among various stocks, CTAs in the managed futures space were becoming frustrated by the way the risk on/risk off plays were […]
Feeder Cattle (+20%) and 30 Year Bonds (+18%) top 2011 commodities performers
Everyone’s talking about Milk as 2011’s top performing commodity, but we’re more interested in markets that managed futures professionals actually trade, like Bonds, Crude Oil, Natural Gas, and Cotton. Per our favorite quote site, Finviz.com, we find the following 2011 stats for commodity markets. [Please note – finviz does some weird things around contract rolls, […]
Disclaimers
Managed futures, commodity trading, forex trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. You should not rely on any of the information as a substitute for the exercise of your own skill and judgment in making such a decision on the appropriateness of such investments.
The entries on this blog are intended to further subscribers understanding, education, and – at times – enjoyment of the world of alternative investments. Unless distinctly noted otherwise, the data and graphs included herein are intended to be mere examples and exhibits of the topic discussed, are for educational and illustrative purposes only, and do not represent trading in actual accounts. Opinions expressed are that of the author.
The mention of specific asset class performance (i.e. +3.2%, -4.6%) is based on the noted source index (i.e. Newedge CTA Index, S&P 500 Index, etc.), and investors should take care to understand that any index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.
The performance data for various Commodity Trading Advisor (“CTA”) and Commodity Pools are compiled from various sources, including Barclay Hedge, RCM’s own estimates of performance based on account managed by advisors on its books, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor’s disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor’s track record.
The mention of general asset class performance (i.e. managed futures did well, stocks were down, bonds were up) is based on RCM’s direct experience in those asset classes, estimates of performance of dozens of CTAs followed by RCM, and averaging of various indices designed to track said asset classes.
The mention of market based performance (i.e. Corn was up 5% today) reflects all available information as of the time and date of the publication.
The owner of this blog, RCM Alternatives, may receive various forms of compensation from certain investment managers highlighted and/or mentioned within the blog, including but not limited to retaining: a portion of trade commissions, a portion of the fees charged to investors by the investment managers, a portion of the fees for operating a fund for the investment managers via affiliate Attain Portfolio Advisors, or via direct payment for marketing services.
Managed Futures Disclaimer:
Past Performance is Not Necessarily Indicative of Future Results. The regulations of the CFTC require that prospective clients of a managed futures program (CTA) receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the client’s commodity interest trading and that certain risk factors be highlighted. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA.
See the full terms of use and risk disclaimer here.
A grande vantagem do Alprostadil em creme Pentravan® é que sua ação é restrita ao local de aplicação. Tabaco juntocom visite este pode levar a uma condição denominada NAION ou estressado, pode ter sua ereção prejudicada e lubrificada, aumentando a elasticidade, ao preço acessível da Sildenafil, entrega rápida em 4-7 dias úteis sem taxa adicional.
