Rich Ilczyszyn is Founder and Chief Market Strategist of iiTrader, a leading Chicago-based trading firm. A veteran of the futures and options markets, Rich has more than 15 years of experience trading on behalf of clients, as well as his own account. Rich ran one of the largest retail and institutional commodities desks while at Lind-Waldock where he focused on the energy, agriculture and precious metals sectors. He was also a member at the Chicago Board of Trade (CBOT), a licensed floor broker and a proprietary trader at Shatkin, Arbor Co. In the DOW futures pit.
Rich's career in the markets began as a supervisor on the institutional treasury bond arbitrage desk at the CBOT, where he was responsible for executing up to $1 billion in notional value per day. His commentary and analysis is frequently cited by financial media, including The Wall Street Journal, Bloomberg, Reuters and Yahoo Finance!, among others. Rich is a CNBC contributor and has been part of "Futures Now" since its launch. His firm, iiTrader offers a high-touch, flat-price alternative to large traditional brokerages.
Bonds are entering a new rising rates cycle for the first time in decades. Technician Louise Yamada explains what this means for the market.
Following a recent correction, Tom Kloza of the Oil Price Information Service tells CNBC's Jackie DeAngelis where crude is headed next.
The market's coming back, but one trader isn't buying the bounce. Technician Louise Yamada says this is the next line in the sand for rates. And Oil's back at $60, but Tom Kloza, Oil Price Information Service, says the rally will stall, with CNBC's Jackie DeAngelis and the Futures Now traders.