Neither any information nor any opinion expressed on the web site, constitutes an offer, or an invitation to make an offer or solicitation, to buy or sell any securities, options, futures, swaps or other derivatives. Our market commentary is prepared for general circulation and is circulated for general information only. It is not intended to recommend or serve as the basis for any particular investment or other transaction. It is not intended to address the specific investment objectives, financial situation and the particular needs of any specific person who may receive a report or view this website. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies referenced in our or otherwise related to our market commentary and should understand that statements regarding future prospects may not be realized.