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)

12 February 2016 – Oil rallies, Market rallies

The market took its cues from the oil market which rallied on news of oil production cuts in OPEC.

Dow Transportation grinded its way upward throughout the day and closed with a small bullish Marubozu candle. Pivot momentum has reversed upward. Short term volumetric buying pressure is at 100%. New fractal support and resistance are at 6655.86 and 7100.31 respectively. The index is in a daily Squeeze.

Dow Industrial grinded its way upward throughout the day and closed with a bullish Marubozu candle. It formed a trend reversal candle pattern which needs further confirmation. Pivot momentum remains downward. Short term volumetric buying pressure is at 94.41%. Fractal support and resistance are at 15450.56 and 16485.84 respectively. The Dow Industrial is in a daily and monthly Squeezes.

Russell 2000 had a slow grind upward and closed with a small bullish Marubozu candle. Pivot momentum remains downward. Short term volumetric buying pressure is at 34.7%. Fractal support and resistance are at 952.9 and 983.45. The index has exited its daily Squeeze.

Nasdaq 100 gapped up on market open and had a slow swing upward. It closed with a small bullish hammer candle. Pivot momentum remains downward. Short term volumetric buying pressure is at 80.2%. Fractal support and resistance remain at 3888.78 and 4045.48 respectively. The index is in a monthly Squeeze.

S&P 500 gapped up on market open and had a slow grind upward throughout the day. It closed with a bullish Marubozu candle in a trend reversal candle pattern. Pivot momentum remains downward. The volumetric buying pressure is at 72.39%. Fractal support and resistance remain at 1828.46 and 1881.6 respectively. The S&P 500 is in a daily and monthly Squeezes.

Vix has dropped to 25.40 as the S&P 500 rises.

Oil (/CL) futures rallied to $29.02 per barrel which brought up the market with it. Gold (/GC) futures sold off to 1238.50 an ounce. Silver (SLV) ETF made small gain to 14.99 as it catches up to gold rise.

Junk bonds (HYG) gained and closed at 76.72. Bonds ETF (TLT) retraces downward as market strengthened and closed at 131.50. Semiconductor (SOXL) ETF made a small gain and closed at 16.44. Biotech (IBB) ETFs rallied from its oversold condition to close at 251.19.

The USD/JPY slowed down its downward descend which also helped the market. EUR/USD lost a bit of ground and closed at 1.1253.

Market sentiment is bullish. Market breadth is flattening. The indices rallied on news of oil production cuts but fundamental problems in world market remains. China market which has been closed for Chinese New Year will re-open this coming week which could put some pressure on US market.

The prognosis is that the market continues to be volatile with wild swings and the coming week will see further volatility.

 

To YOUR wealth!

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