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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)

31 January 2016 – Gold glitters and Oil recovers

We are at the end of the month and what a January it has been. The market has been correlated to the price of oil. For many economies, the price of oil has rebounded for the short term and this has stabilised the market into a sideway momentum. What gave the market the catalyst it needed for the bounce on Friday was that the Bank of Japan will be adopting a negative interest rate policy similar to the Swiss Central Bank.

Big buying volume has been coming into the gold market and this recent rise in gold looks to have legs. Recent oil prices has reflected the classic case of supply and demand. China economy has been cooling and that has decreased demand for it. The fracking industry in the US is under pressure due to the low oil prices. Alternative production of energy such as solar and wind energy continue to grow which also means less demand for oil.

With the exception of Germany, European economies have not been doing well. The American economy continues to be performing better than the rest of the other world. The latest figure on Friday shows the US economy grew by about 2.4% for the year.

The Week Ahead.
We are right into earnings season and so far, it has been a bag of mix results. Facebook shows that there is plenty of growth in it. Amazon upward momentum took a breather when it reported results below expectation. It took a $70+ hit in pre-market trading but managed to recover and closed at $587 on Friday.

Big names reporting earnings this coming week are Google, AIG, BP, Disney, Coca-Cola, Mastercard and a few other oil companies. We will have to see how the oil companies have been impacted by the drop in oil prices. Let’s see whether the recent gain in oil prices is sustainable.

 

To Your Wealth

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