The Chicago Mercantile Exchange (CME), the world’s largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with a regulated venue to trade Bitcoin. NEW: 🇺🇸 World’s largest futures exchange, CME Group is planning to launch…
Robert Way China’s leading jewelry seller has benefited from spiking gold prices that reached an all-time high after Iran’s drone attack on Israel last week In gold-crazy China, the showroom of Chow Tai Fook Jewelry Group Ltd. (OTCPK:CJEWF, OTCPK:CJEWY, 1929.HK) in Hong Kong’s Central business district is a bit of fantasy land featuring the many…
imagedepotpro Dear readers, Last time I wrote an article on the S&P 500 (NYSEARCA:SPY), the index stood at 5,150 points. My view on the index had been short-term positive since November, mainly due to momentum, but because of a relatively expensive valuation at a forward P/E of nearly 21x, I remained medium to long-term bearish….
Daniel Grizelj DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note…
panida wijitpanya Thesis The iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) is an exchange traded fund, but its strategy is a very complex one. The first rule of investing is that one must understand what they buy. As per its own literature, DBMF: seeks to replicate the pre-fee performance of leading managed futures hedge funds…
grinvalds I covered Etsy (NASDAQ:ETSY) six months ago with a neutral outlook. At that time, I believed the stock was likely oversold after tumbling 80%, having a far superior “P/E” valuation than in the past. I believe ETSY was trading in a clear bubble pattern from 2020 to 2022 as investors overestimated its growth rate…
Bet_Noire As tensions in the Middle East flare up yet again and as we enter election season, putting on some shorter-term tactical energy trades on top of existing oil and gas investments makes some sense. Currently, energy traders are anticipating a squeeze in deliverable supplies of oil and a sharp depletion of inventory over the…
PM Images The Eaton Vance Floating-Rate Income Trust (NYSE:EFT) is a closed-end fund, or CEF, that income-hungry investors can employ in pursuit of their goals. As is the case with many leveraged loan funds, the Eaton Vance Floating-Rate Income Trust has a very attractive yield of 10.80% right now. Here is how that compares to…
ugurhan The BlackRock Enhanced Global Dividend Trust (NYSE:BOE) is a closed-end fund, or CEF, that specializes in providing investors with a very high level of income. It does this task quite well, as the fund’s 7.40% current yield is quite a bit higher than most of the American and foreign stock indices. For example, consider…
DKosig I last covered the SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) in early 2022. In that article, I argued that WIP made little sense as an investment, and seemed plainly inferior to funds focusing on U.S. treasury inflation-protected securities, or TIPs. WIP has underperformed relative to these securities and broader bond indexes, broadly…
Dilok Klaisataporn While most markets seem to have declared victory over inflation, the Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL) looks to be breaking out to the upside. IVOL acts as an inflation hedge, due to its holdings of inflation-linked bonds, as well as a hedge against yield curve steepening. Both of these…
vm Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than two thousand institutional investors and hundreds of hedge fund organizations. Given the hedge fund industry’s dynamic and constantly changing nature, it is crucial for firms to anticipate likely changes. Those that are able to adapt effectively to…
While the average performance of crypto funds did not match the more than 150% rally in Bitcoin this year, the positive shift in fortunes is a promising development for the industry. After facing a strong crypto winter in 2022 following the collapse of Three Arrows Capital (3AC), crypto hedge funds are making a comeback. Crypto…
OlenaMykhaylova The BlackRock Floating Rate Income Strategies Fund Inc (NYSE:FRA) is a closed-end fund, or CEF, that specializes in providing investors with a very high level of current income. The fund’s very attractive 11.97% yield stands as a testament to its success in this area, as that is easily enough for many retirees or other…
Torsten Asmus It’s been a choppy year for oil in 2022/2023, and looking ahead to 2024, the only certainty continues to be more uncertainty. Unlike in prior years, when the global economy remained surprisingly resilient through a series of aggressive rate cuts, oil demand is now the major overhang. Growth data hasn’t yet turned meaningfully…
Wolterk The oil market is among the few that offers a general hedge against the most significant risks impacting stocks and bonds. In 2021, the sharp rise in oil and gas prices was a major contributing factor to inflation, hampering the profitability of some stocks and contributing significantly to the rise in interest rates. This…
JuSun Archer-Daniels-Midland (NYSE:ADM) is a company I have mentioned at various times over my 10 years writing on Seeking Alpha. The most bullish stories were posted after the pandemic selloff, represented by this March 2020 effort here. As explained in my articles, right on cue – extraordinary money printing by the Federal Reserve (and central…
WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and liquidity provider said in a…
tifonimages Investment thesis How does BHP Group Limited (NYSE:BHP), one of the largest diversified mining companies globally, fit into an energy investment thesis? Despite the exceptional 2021-2022 run-up, energy continues to offer some of the best value opportunities – particularly among stocks with offshore exposure and oilfield services. The opportunity is there because fossil fuel…
alfexe/iStock via Getty Images The Saba Capital Income & Opportunities Fund (NYSE:BRW) is a very interesting closed-end fund that employs a fairly unusual strategy in order to provide a very high level of income to its investors. Indeed, the fund’s current 13.28% yield is a testament to its success in this area. Unfortunately, anytime a…
In a recent video interview on the Paul Barron Network, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made a compelling prediction about Bitcoin’s future. Yusko, with decades of experience in the financial industry, suggested that the approval of a Bitcoin spot exchange-traded fund (ETF) by the SEC could pave the way for…
Chun han/E+ via Getty Images Main Thesis & Background The purpose of this article is to evaluate the state of the broader market and why commodities – whether specific ones or a broad basket fund – may offer a decent value proposition at present. The reason for bringing this up is that I continue to…
Galaxy Digital will help FTX return funds to its creditors while making sure that the value of FTX’s $3 billion of crypto holdings doesn’t subside. As per the court filing submitted on Wednesday, August 23, bankrupt crypto exchange FTX is looking to hire crypto firm Galaxy Digital to start staking or hedge its massive crypto…
tadamichi The current environment looks favorable for equity market neutral, global macro and insurance-linked securities, according to K2 Advisors. The team offers its mid-year outlook for these and other hedge fund strategies. As we reach the mid-year mark, which is a time when we thought we would have more clarity on economic trends, inflation, geopolitical…