The Futures Rundown

Coffee is dropping, crude is climbing and somewhere a confused barista is being asked to explain why your latte isn't getting any cheaper.
On this episode of The Futures Rundown, Mark Longo is joined by Dan Gramza of Gramza Capital Management to break down another wild week across the futures markets.
They explore the selloff in coffee, cocoa, cotton and wheat; the latest moves in crude oil and refined products; renewed action in the yen and euro; growing momentum in copper; surprising weakness in natural gas; and what the upcoming inflation data could mean for markets.
Plus, Dan shares what he's watching next in the ags, gold and silver.

The yen makes a surprise return to the futures spotlight as intervention talk heats up and trading activity surges.
On this episode of The Futures Rundown, host Mark Longo breaks down the latest action across the futures markets, including the unusual spike in yen futures volume amid renewed speculation about support from the Bank of Japan. We also examine the wild moves in energy, with WTI, Brent and heating oil charging higher, while gold, silver and platinum head in the opposite direction.
Plus, we run through the most active futures contracts on the tape and check in on the biggest winners and losers of the year across energy, metals, rates, crypto, volatility and more.

Is the bottom finally in for gold and silver?
On this episode of The Futures Rundown, host Mark Longo is joined by Dana Samuelson, Founder and President of American Gold Exchange, for a deep dive into the wild precious metals market.
Gold and silver have been on a roller coaster in 2026, but after recent intervention in the currency and Treasury markets, Dana believes the lows may finally be behind us. We break down what has been driving the metals markets, why gold initially struggled during the Iran conflict, and whether the next major move could be higher.
We also discuss:
Why rising Treasury yields pressured gold
The impact of intervention in the yen and Treasury markets
Whether the bottom is really in for gold and silver
What physical gold and silver investors are doing right now
The outlook for platinum and palladium
Why Dana is watching crude oil and diesel for the next potential market shock
The latest movers across futures, including Bitcoin and Ethereum
Why wheat is emerging as another market to watch
Plus, we break down the biggest weekly and year-to-date movers across the futures markets.
Is this the beginning of the next leg higher for precious metals—or just another bounce in an already wild year?

On this episode of The Futures Rundown, host Mark Longo welcomes back Brett Friedman of Winhall Risk Analytics and OptionMetrics for a deep dive into one of the strangest stories in the futures markets: crude oil's surprisingly underwhelming response to a major geopolitical conflict.
With dire supply warnings and plenty of doom-and-gloom predictions, many expected crude to explode higher. Instead, the rally has repeatedly struggled to live up to the hype. Brett compares the current environment with previous oil-market disruptions, including the historic volatility of 2020, and explains why this latest episode hasn't come close to matching those extremes.
We also discuss:
Why crude oil hasn't behaved the way many fundamental analysts expected
The unusual volatility picture in WTI
What's driving heating oil and gasoline
Why gold and silver have fallen out of the market spotlight
The return of the AI trade and the "most hated" equity rally
What's happening in rates and the Fed-watching game
Natural gas and the strange predictability of seasonal trading
The steepening VIX futures curve
Why palladium may have attracted the wrong crowd
Whether traders are using the VIX the wrong way
And much more

What happens when one of futures trading's most active voices joins us live from a secret "Batcave?" Plenty of market insight—and more than a few laughs.
This week, Mark Longo is joined by Jermal Chandler (tastytrade) to break down the biggest stories moving the futures markets, including:
Crude oil's wild reversal and why headlines continue to drive energy markets
Gold, silver and palladium showing renewed strength
Bond futures dominating trading activity as traders watch the Fed
Nasdaq futures, tech volatility and the latest AI-driven market rotation
The return of Bloomberg's B100 futures
Are traders actually embracing the new Single Stock Futures?
VIX volatility fades following another blockbuster earnings season
Plus, the hottest futures products of the week, year-to-date leaders and laggards, and what active futures traders are watching next.