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)

21 January 2016 – Market working off its oversold condition

The bulls could not move the market up even with news of more stimulus in Europe. The market is working off its oversold condition perhaps for another move down.

Dow Transportation traded down in the first half hour after market open but the bulls came in and pushed it upward in the first two hours. It then range traded for the rest of the day and closed with a spinning top doji. Pivot momentum remains downward. MPM is showing nett selling pressure. The index is trading sideways and working off its oversold condition. The index has been leading the market down.

Dow Industrial traded downward in the first half hour after market open. It reversed direction and traded upward for the rest of the morning before losing the momentum in afternoon trading to close with a spinning top doji candle within a harami candle pattern. Pivot momentum remains downward. MPM is showing nett selling pressure.

Russell 2000 traded downward in the first half hour. Buyers came in and pushed it upward for the rest of the morning session but it sold off again in the afternoon session to close with a low closing doji candle. The index closed below its 1000 level. Pivot momentum remains downward. MPM is showing nett selling pressure. The index has been leading the market down.

Nasdaq 100 traded downward in the first half hour after market open. Buyers came in and pushed the market upward but it sold off in afternoon trading and closed with a doji candle. Pivot momentum remains downward. MPM is showing nett selling pressure. The index has still to catch up with Russell 2000 in its downward move.

S&P 500 traded downward in the first half hour after market open. Buyers came in and pushed the market upward but it sold off in the afternoon session to close with a spinning top doji candle. Pivot momentum remains downward. MPM is showing nett selling pressure.

Vix remains elevated at 26.69. Oil futures made a small recovery and is trading at $29.82. Gold futures is trading at $1101 per ounce.

Market sentiment has crept into the bullish zone. Market breadth is sloping downward but shows signs of flattening. The indices continue to be oversold but solds signs of some buyers entering the market. A small bounce or sideway action is the most likely scenario immediately. Further downside is a high possibility in the coming weeks.

 

To YOUR wealth!

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>