Where is the future headed for oil? Bloomberg Briefs recently hit on this mystic topic, asking top hedge fund names for their predictions on the current hot topic of discussion: oil. Sitting near the top 2014 HSBC hedge fund performance list has been the London-based Merchant Commodity Fund. So who better to ask about the future of the most hotly discussed commodity, oil, than Doug King, Merchant’s chief investment officer. King thinks we are going to see oil tag a print below $40, he told Bloomberg. In fact, traders could see the $30 oil in the next few months “unless…
Hedge Funds Go Sport Fishing, Playing a Game of Guess The Oil Pivot Point
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.