Blog
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Single Stock Futures: Back to the Future (And This Time It Might Actually Stick)
Will we soon see a 3x leveraged NVIDIA ETF, a 5x SpaceX ETF? Built not on swaps or options, but on single stock futures? That may indeed be where we’re…
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The Hedge Fund Mirage Strikes Again
There are certain ideas in finance that behave like bad sci-fi movie monsters. Whether they are born in a dark,…
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Weekend Reads
The news has been all about the scandals in Washington this week, as if the normal level of blaming and…
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Black Gold, Texas Tea, and Brent Bubbly?
The story of the last few years in oil has been the growing spread between WTI and Brent crude, and…
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That’s Not a Sell-Off, THIS is a Sell-Off
Only a couple of days after we reposted a chart from Stocktwits comparing the Nikkei rally to the Dow’s climb…
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Gensler’s MF Global Getaway
As MF Global continues unwinding at the speed of bureaucracy, new pieces of information have been few and far between.…
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That’s not a Rally… THIS is a Rally
We were reminded of the old “That’s not a knife” line from Crocodile Dundee when taking a look at the…
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Managed Futures and the “Smirk” Curve
A new paper examining CTA returns has taken a closer look at the “smile curve” we first saw in AQR’s…
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Weekend Reads
Always sell in May and go away… except when the first two weeks of May produce more than a 5%…
