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Options – 18 December 15 Monthly Income – Bull PUT on SPX

Update

14 December 2015

We closed this CALL credit spread and bought it back for $0.05. Overall, it was a small profit to be redeployed for the next trade.

8 December 2015

We sold a monthly CALL credit spread at 2135/2145 for $1.10. The total Return-on-Risk for this new trade is 1.10/8.90 = 12.36 % excluding transaction cost. The PUT credit spread was closed for $1.75.

27 November 2015

We sold a monthly PUT credit spread at 2015/2005 for $1.15. The total Return-on-Risk for this new trade is 1.15/8.85 = 13.00 % excluding transaction cost. Expiration is at 9:30 am, 18 December 2015 (EST)

Options – 21 August 15 Monthly Income – Bull PUT on SPX

Update

21 August 2015

This PUT credit spread expired worthless. The Settlement price was 2015.47.

13 July 2015

We sold a monthly PUT credit spread at 1980/1970 for $1.30. The total Return-on-Risk for this new trade is 1.30/8.70 = 14.94 % excluding transaction cost. Expiration is at 9:30 am, 21 August 2015 (EST)

Options – 17 July 15 Monthly Income – Bull PUT on SPX

Update

13 July 2015

We closed this trade by buying it back for $0.05. Option expiration is this coming Friday morning.

15 June 2015

We sold a monthly PUT credit spread at 1980/1970 for $1.30. The total Return-on-Risk for this new trade is 1.30/8.70 = 14.94 % excluding transaction cost. Expiration is at 9:30 am, 17 July 2015 (EST)

Options – 18 June 15 Monthly Income – Bear Call on SPX

Update

5 June 2015

We closed this trade by buying it back for $0.05. Option expiration is another 2 weeks away.

18 May 2015

We sold a monthly CALL credit spread at 2185/2195 for $1.05. The total Return-on-Risk for this new trade is 1.05/8.95 = 11.7 % excluding transaction cost. Expiration is at 9:30 am, 19 June 2015 (EST)

Options – 15 May 15 Monthly Income – Bear Call on SPX

Update

6 May 2015

We closed this trade by buying it back for $0.05. Option expiration is next week.

27 April 2015

We sold a monthly CALL credit spread at 2160/2170 for $1.20. The total Return-on-Risk for this new trade is 1.20/8.80 = 13.6 % excluding transaction cost. Expiration is at 9:30 am, 15 May 2015 (EST)

Options – 17 April 15 Monthly Income – Bull PUT on SPX

Update

17 April 2015

The PUT spread expired worthless and we now move on to the next trade.

19 March 2015

We sold a monthly PUT credit spread at 2020/2010 for $1.60. The total Return-on-Risk for this new trade is 1.60/8.40 = 19.05 % excluding transaction cost. Expiration is at 9:30 am, 17 April 2015 (EST)

Weekly Market commentary ending 4 Nov 2016

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Background
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22 March 2017 – A reversal in the making?

Dow Transportation closed at 8987.19 with a small hammer candle below its moving averages. Daily trading range was 89.52. Momentum is bearish. Volumetric buying pressure is at 28.4%. BuySellTimer is in a negative cycle.

Dow Industrial closed at 20661.30 with a doji candle below its 21 EMA. Daily trading range was 107.2599. Momentum is neutral. Volumetric buying pressure is at 17.7%. BuySellTimer is in negative cycle.

Russell 2000 closed at 1345.5983 with a doji candle below its moving averages. Daily trading range was 13.4179. Momentum is downward. Volumetric buying pressure is at 39.3%. BuySellTimer is in a negative cycle.

Nasdaq 100 closed at 5367.5549 above its 21 EMA. Daily trading range was 45.0159. Momentum is neutral. Volumetric buying pressure is at 73.8%. BuySellTimer is in a negative cycle.

S&P 500 closed at 2346.25 with a doji candle below its 21 EMA. Daily trading range was 5. Momentum is neutral. Volumetric buying pressure is at 15.6%. BuySellTimer is in a negative cycle.

 

Metals and Commodities
WTI Crude oil futures closed with a high closing doji candle below its 200 SMA. Momentum is downward. It is trading at $48.23 per barrel. BuySellTimer is in a negative cycle.

Gold futures closed with a bullish candle above its moving averages. It is trading at $1247.2 per ounce. Momentum is upward. BuySellTimer is in a positive cycle.

Silver futures closed with a doji candle above its 21 EMA. It is trading at $17.535 per ounce. Momentum is neutral. BuySellTimer is in a positive cycle.

Agriculture (DBA) ETF closed at 20.13 with a bullish candle below its 21 EMA. Momentum is downward. BuySellTimer is in a negative cycle.

Commodities (DBC) ETF closed at 14.89 with a spinning top doji candle below its moving averages. Momentum is downward. BuySellTimer is in a negative cycle.

 

Bonds
Bond futures (ZB) closed with a bullish candle above its 21 EMA. It is trading at 150’23. Momentum is upward. BuySellTimer is in a positive cycle.

High Yield bond ETF (HYG) closed at 86.50 with a bullish candle above its 200 SMA. Momentum is downward. BuySellTimer is in a negative cycle.

 

Currencies

$DXY closed with a doji candle below its 50 SMA and 21 EMA. It is trading at 99.724. Momentum is downward.

EUR/USD closed with a spinning top doji candle above its moving averages. It is trading at 1.0793. Momentum is upward.

USD/JPY closed with a bearish candle below its moving averages. Momentum is downward. It is trading at 111.28.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLF, XLU, XLV, XLK, XLB and XLI respectively.

On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLV, XLU, XLP, XLF and XLY respectively.

Market Internals
Vix closed at 12.81. Vix futures is at 13.85. Skew is at 136.07. Market sentiment is bullish. Market breadth continues to deteriorate and is sloping downward. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
The indices had a breather and the Nasdaq is leading the market upward. Market breadth is deteriorating. Market internals are showing some weakness and we could see further downside. The prognosis is for a volatile market.

Stock of the Day
The Stock of the Day is IDRA. Idera Pharmaceuticals, Inc is a clinical-stage biopharmeceutical company focused on the discovery, development and commercialization of therapeutics for oncology and rare diseases.

 

To YOUR wealth!

Would you like to learn to trade stocks, options or futures? Drop us an email at jefftohch@gmail.com or call +6010 4343 948.


21 March 2017 – It is tumbling down

Dow Transportation closed at 8930.66 with a big bearish marubozu candle below its moving averages. Daily trading range was 212.3199. Momentum is bearish. Volumetric buying pressure is at 0%. BuySellTimer is in a negative cycle.

Dow Industrial closed at 20668.01 with a big bearish marubozu candle below its 21 EMA. Daily trading range was 316.78. Momentum is neutral. Volumetric buying pressure is at 4.9%. BuySellTimer is in negative cycle.

Russell 2000 closed at 1346.5463 with a huge marubozu candle below its moving averages. Daily trading range was 44.1715. Momentum is downward. Volumetric buying pressure is at 12.6%. BuySellTimer is in a negative cycle.

Nasdaq 100 closed at 5332.5326 below its moving averages. Daily trading range was 110.8687. Momentum is neutral. Volumetric buying pressure is at 53.2%. BuySellTimer is in a negative cycle.

S&P 500 closed at 2344.02 with a big bearish marubozu candle below its 21 EMA. Daily trading range was 40.0299. Momentum is neutral. Volumetric buying pressure is at 16.7%. BuySellTimer is in a negative cycle.

 

Metals and Commodities
WTI Crude oil futures closed with a bearish candle below its 200 SMA. Momentum is downward. It is trading at $48.12 per barrel. BuySellTimer is in a negative cycle.

Gold futures closed with a bullish candle above its moving averages. It is trading at $1245.1 per ounce. Momentum is upward. BuySellTimer is in a positive cycle.

Silver futures closed with a bullish candle above its 21 EMA. It is trading at $17.535 per ounce. Momentum is downward. BuySellTimer is in a positive cycle.

Agriculture (DBA) ETF closed at 20.12 with a bearish candle below its 21 EMA. Momentum is downward. BuySellTimer is in a negative cycle.

Commodities (DBC) ETF closed at 14.9 with a bearish candle below its moving averages. Momentum is downward. BuySellTimer is in a negative cycle.

 

Bonds
Bond futures (ZB) closed with a bullish candle above its 21 EMA but below its 50 SMA. It is trading at 150’08. Momentum is upward. BuySellTimer is in a positive cycle.

High Yield bond ETF (HYG) closed at 86.29 with a huge bearish marubozu candle below its 21 EMA. Next target is 200 SMA. Momentum is downward. BuySellTimer is in a negative cycle.

 

Currencies

$DXY closed with a big bearish marubozu candle below its 50 SMA and 21 EMA. It is trading at 99.753. Momentum is downward.

EUR/USD closed with a big bullish candle above its moving averages. It is trading at 1.0806. Momentum is upward.

USD/JPY closed with a bearish candle below its moving averages. Momentum is downward. It is trading at 111.69.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are underperforming the S&P 500 are XLF, XLE, XLI, XLB and XLV respectively.

On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLV, XLU, XLP, XLF and XLY respectively.

Market Internals
Vix closed at 12.47. Vix futures is at 13.80. Skew is at 141.02. Market sentiment has turned bearish. Market breadth is sloping downward. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
Market breadth continues to deteriorate which signals longer term decline for the market. The indices sold off sharply and this could be the beginning of a sustain downturn. The prognosis is to look for trade to the downside for the short term.

Stock of the Day
The Stock of the Day is FUEL. Rocket Fuel Inc. is a technology company, which offers a Programmatic Marketing Platform that is designed for helping marketers and their agencies to connect with consumers through digital media.

 

To YOUR wealth!

Would you like to learn to trade stocks, options or futures? Drop us an email at jefftohch@gmail.com or call +6010 4343 948.


20 March 2017 – Market continue sideways

Dow Transportation closed at 9101.04 with a bearish candle below its moving averages. Daily trading range was 69.9899. Momentum is bearish. Volumetric buying pressure is at 0%. BuySellTimer is in a negative cycle.

Dow Industrial closed at 20905.86 with a small doji candle on its 8 EMA. Daily trading range was 69.75. Momentum is neutral. Volumetric buying pressure is at 48.8%. BuySellTimer is in negative cycle.

IWM (Russell 2000) closed at 137.7512 with a small bearish candle on its 8 EMA. Daily trading range was 1.15. Momentum is upward. Volumetric buying pressure is at 71.3%. BuySellTimer is in a positive cycle.

Nasdaq 100 closed at 5413.3079 above its moving averages. Daily trading range was 26.3047. Momentum is upward. Volumetric buying pressure is at 90.4%. BuySellTimer is in a positive cycle.

S&P 500 closed at 2373.47 with a bearish candle above its 21 EMA. Daily trading range was 9.89. Momentum is sideways. Volumetric buying pressure is at 75.5%. BuySellTimer is in a negative cycle.

 

Metals and Commodities
WTI Crude oil futures closed with a bearish candle above its 200 SMA. Momentum is downward. It is trading at $48.99 per barrel. BuySellTimer is in a negative cycle.

Gold futures closed with a bullish marubozu candle above its 21 EMA. It is trading at $1234.2 per ounce. Momentum is upward. BuySellTimer is in a positive cycle.

Silver futures closed with a doji candle below its 21 EMA. It is trading at $17.465 per ounce. Momentum is downward. BuySellTimer is in a positive cycle.

Agriculture (DBA) ETF closed at 20.163 with a doji candle below its 21 EMA. Momentum is downward. BuySellTimer is in a positive cycle.

Commodities (DBC) ETF gapped up and closed at 14.9817 with a doji candle below its moving averages. Momentum is downward. BuySellTimer is in a negative cycle.

 

Bonds
Bond futures (ZB) closed with a bullish candle above its 21 EMA. It is trading at 149’04. Momentum is downward. BuySellTimer is in a positive cycle.

High Yield bond ETF (HYG) closed at 87.0034 with a bearish candle below its 21 EMA. Momentum is downward. BuySellTimer is in a negative cycle.

 

Currencies

$DXY closed with a doji candle below its 50 SMA and 21 EMA. It is trading at 100.240. Momentum is downward.

EUR/USD closed with a bullish candle above its moving averages. It is trading at 1.0749. Momentum is upward.

USD/JPY closed with a small bearish candle below its moving averages. Momentum is downward. It is trading at 112.37.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLF, XLU, XLK, XLV, XLP, XLB and XLE respectively.

On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLF, XLV, XLY, XLP, XLU and XLB respectively.

Market Internals
Vix closed at 11.34. Vix futures is at 11.61. Skew is at 152.93. Market sentiment is bullish. Market breadth is flat. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
Market internals continues to diverge and it is a time for caution. The Vix and Vix futures are signalling a lack of fear and yet the SKEW is at an extreme high. There is no new catalyst to push the market higher. The prognosis is that the market is turning but slowly.

Stock of the Day
The Stock of the Day is DOW. The Dow Chemical Company manufactures and supplies products used primarily as raw materials in the manufacture of customer products and services.

 

To YOUR wealth!

Would you like to learn to trade stocks, options or futures? Drop us an email at jefftohch@gmail.com or call +6010 4343 948.


17 March 2017 (Weekly review) – Market in search of a direction


Indices (Weekly chart)
Dow Transportation closed at 9145.50 with a bearish candle below its 8 EMA. Weekly trading range was 227.4899. Weekly momentum is neutral. BuySellTimer remains in its negative cycle.

Dow Industrial closed at 20914.62 with a small doji candle above its moving averages. Weekly trading range was 213.7999. Weekly momentum remains upward. BuySellTimer remains on its positive cycle.

IWM (Russell 2000) closed at 138.46 with a bullish candle above its moving averages. Weekly trading range was 4.1698. Momentum is upward. BuySellTimer has crossed into a positive cycle.

Nasdaq 100 closed at 5408.7637 with a spinning top doji candle above its moving averages. Weekly trading range was 76.5. Momentum remains upward. BuySellTimer is in its positive cycle.

S&P 500 closed at 2378.25 with a spinning top doji candle above its moving averages. Weekly trading range was 31.83. Momentum remains upward. BuySellTimer remains on its positive cycle.

Continue reading 17 March 2017 (Weekly review) – Market in search of a direction

16 March 2017 – Market grinds higher, new high in Nasdaq

Dow Transportation closed at 9181.08 with a small bearish candle below its 21 EMA and 50 SMA. Daily trading range was 76.0399. Momentum is bearish. Volumetric buying pressure is at 53.9%. BuySellTimer is in a negative cycle.

Dow Industrial closed at 20934.55 with a small bearish candle above its moving averages. Daily trading range was 106.61. Momentum is upward. Volumetric buying pressure is at 96.6%. BuySellTimer is in positive cycle.

IWM (Russell 2000) closed at 137.91 with a small doji candle above its moving averages. Daily trading range was 0.9549. Momentum is upward. Volumetric buying pressure is at 57.5%. BuySellTimer is in a positive cycle.

Nasdaq 100 closed at 5412.0796 with a bullish candle above its moving averages. Daily trading range was 24.3891. Momentum is upward. Volumetric buying pressure is at 96.3%. BuySellTimer is in a positive cycle.

S&P 500 closed at 2381.38 with a bearish candle above its moving averages. Daily trading range was 10.92. Momentum is upward. Volumetric buying pressure is at 95.4%. BuySellTimer is in a positive cycle.

Continue reading 16 March 2017 – Market grinds higher, new high in Nasdaq

15 March 2017 – Rate hikes and bulls continuing running

Dow Transportation closed at 9229.32 with a bullish engulfing candle below its 50 SMA. Daily trading range was 9229.32. Momentum is bearish. Volumetric buying pressure is at 87.2%. BuySellTimer is in a negative cycle.

Dow Industrial closed at 20950.10 with a small bullish candle above its moving averages. Daily trading range was 117.87. Momentum is upward. Volumetric buying pressure is at 100%. BuySellTimer is in positive cycle.

IWM (Russell 2000) closed at 137.73 with a bullish candle above its moving averages. Daily trading range was 2.05. Momentum is neutral. Volumetric buying pressure is at 65.9%. BuySellTimer is in a negative cycle.

Nasdaq 100 closed at 5416.2518 with a bullish candle above its moving averages. Daily trading range was 50.9657. Momentum is upward. Volumetric buying pressure is at 100%. BuySellTimer is in a positive cycle.

S&P 500 closed at 2379.75 with a bullish marubozu candle above its moving averages. Daily trading range was 21.07. Momentum is upward. Volumetric buying pressure is at 100%. BuySellTimer is in a positive cycle.

Continue reading 15 March 2017 – Rate hikes and bulls continuing running

14 March 2017 – Market indecision, bears are waiting

Dow Transportation closed at 9123.06 with a bearish marubozu candle below its 50 SMA. Daily trading range was 133.2299. Momentum is bearish. Volumetric buying pressure is at 60.3%. BuySellTimer is in a negative cycle.

Dow Industrial closed at 20837.37 with a small doji candle above its moving averages. Daily trading range was 87.6899. Momentum is neutral. Volumetric buying pressure is at 100%. BuySellTimer is in negative cycle.

IWM (Russell 2000) closed at 135.63 with a doji candle below its moving averages. Daily trading range was 1.2699. Momentum is downward. Volumetric buying pressure is at 53.7%. BuySellTimer is in a negative cycle.

Nasdaq 100 closed at 5382.1674 with a small doji candle above its moving averages. Daily trading range was 24.1797. Momentum is upward. Volumetric buying pressure is at 99.9%. BuySellTimer is in a positive cycle.

S&P 500 closed at 2365.45 with a small bearish candle below its 8 EMA. Daily trading range was 10.37. Momentum is neutral. Volumetric buying pressure is at 99.9%. BuySellTimer is in a negative cycle.

Continue reading 14 March 2017 – Market indecision, bears are waiting

13 March 2017 – Bulls attempting comeback

Dow Transportation closed at 9251.68 with a bearish spinning top doji candle below its 50 SMA. Daily trading range was 79.92. Momentum is bearish. Volumetric buying pressure is at 85.1%. BuySellTimer is in a negative cycle.

Dow Industrial closed at 20881.48 with a small doji candle on its 8 EMA. Daily trading range was 80.35. Momentum is neutral. Volumetric buying pressure is at 98.7%. BuySellTimer is in negative cycle.

Russell 2000 closed at 1370.2847 with a small bullish marubozu candle below its moving averages. Daily trading range was 8.2064. Momentum is downward. Volumetric buying pressure is at 37.8%. BuySellTimer is in a negative cycle.

Nasdaq 100 closed at 5394.5727 with a small bullish spinning top doji candle above its moving averages. Daily trading range was 14.372. Momentum is upward. Volumetric buying pressure is at 99.9%. BuySellTimer is in a positive cycle.

S&P 500 closed at 2373.47 with a small spinning top doji candle on its 8 EMA. Daily trading range was 5.9. Momentum is upward. Volumetric buying pressure is at 99.7%. BuySellTimer is in a positive cycle.

Continue reading 13 March 2017 – Bulls attempting comeback

10 March 2017 – Market striving to push higher


Indices (Weekly chart)
Dow Transportation closed at 9289.81 with a bearish candle below its 8 EMA. Weekly trading range was 268.0599. Weekly momentum is upward. BuySellTimer remains in its positive cycle.

Dow Industrial closed at 20902.98 with a small doji candle above its moving averages. Weekly trading range was 209.27. Weekly momentum remains upward. BuySellTimer remains on its positive cycle.

Russell 2000 closed at 1365.2647 with a bearish marubozu candle below its 8 EMA but above its 21 EMA. Weekly trading range was 35.649. Momentum is neutral. BuySellTimer has crossed into a negative cycle.

Nasdaq 100 closed at 5385.899 with a small bullish candle above its moving averages. Weekly trading range was 58.5793. Momentum remains upward. BuySellTimer is in its positive cycle.

S&P 500 closed at 2372.60 with a high closing doji candle. Weekly trading range was 24.26. Momentum remains upward. BuySellTimer remains on its positive cycle.

Continue reading 10 March 2017 – Market striving to push higher