FRED

Futures (ES, NQ, GC, CL) – 28 June 2017

28 June 2017

Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)

Futures (ES, NQ, GC, CL) – 27 June 2017

27 June 2017

Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)

Futures (ES, NQ, GC, CL) – 23 June 17

23 June 2017

Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)

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)

A bearish start to 2016

The year started of with a bearish bang with the market selling off. The last two weeks have seen continuous selling. The selling has now reached panic levels. VIX which is commonly known as the fear index closed on Friday, 15 January at 27.02.

Retail sales were poor in December 2015. Overall sales fell 0.1%, ex-autos sales fell 0.1%, and ex-autos, ex-gas sales fell 0.5% which means all of them missed forecasts. The gain in sales for 2015 was 2.1% which was the weakest going all the way back to 2009.

Other data such as the Producer Price Index fell 0.2% last month. Industrial production was less 0.4% in December which is a serious decline. The Empire Manufacturing Index of factory sector conditions in the greater New York area decreased to -19.4 in January 2016 which was -6.2 in December showing serious deterioration in that sector.

The Shanghai Composite Index fell below 3000 which is a important round number support. The Baltic Dry Index is now at 394, which is below its critical number of 400. It is yet another indication of slowdown in global trade. Brent Oil and West Texas Intermediate futures both closed below $30 per barrel which is another bearish indication of the global demand and over-production in this sector.

Looking at the candlestick charts for the indices that we monitor ($DJT, $DJI, RUT, NDX and SPX), the weekly charts show two rather bearish candles on all the indices. The Dow Transportation and Russell 2000 are trading at 28.15% and 22.24% off its high. These two indices are now in their own bear market and are leading the other indices downward. As the market continues lower, more and more panic selling are happening. It does look that we are transition to a full blown bear market. Is global recession about to hit the world?

Please contact us if you need assistance or have any queries. I am contactable at +6010-4343948 or you can email cs at kl-mall.com or tohch at kl-mall.com.

 

To Your Wealth


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