Mike McGlone

Bitcoin, cryptos are melting ice cubes, and stock market volatility is heating up -- what stops it? Full report on the Bloomberg here: blinks.bloomberg.com/news/stories/t… {BI COMD} #Bitcoin #QQQ #Crypto #Stocks @BBGIntelligence

Metals Might Be Driving an Ebbing Tide The Bloomberg Commodity All Metals Total Return Subindex (BCOMAMT) rolled over from a steep premium relative to the S&P 500 (SPX) and appears at greater risk of further mean reversion. Stretched prices and rate hikes by most central banks

Hedge Funds Signal Possible Start of Great 2026 Commodity Unwind Hedge funds are liquidating broad commodity longs at the fastest pace since Russia's invasion of Ukraine, with price-headwind implications. At about 5% of total Bloomberg Commodity Index constituent open interest

US Natural Gas Heading Toward $2 - Speculators Moves above $5 per million BTUs in the front US natural gas future (NG1) have resolved below $2 for roughly two decades, and hedge funds appear to expect the cycle to continue. At about 13% net-short of gas futures open interest,

Bitcoin's Bear Market Could Guide Gold, Risk Assets President Trump's shift from crypto antagonist to enthusiast helped him get reelected in 2024, but Bitcoin has rolled over and other risk assets may follow if history is a guide. My graphic featuring the first-born crypto