We Are Here!

Marker Animations

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)

Week ending 12 Feb 2016 – Japanese market tanks, Dollar loses against Yen and Euro

It has been a fitting start to the year of the monkey with market in constant jumps up and down. The market is in a bounce from oversold territory but is still poised to go lower. The Dow Transportation and Russell 2000 are in bear market territory as they are trading at more than 20% below their peaks. Dow Industrial, Nasdaq 100 and Samp&;P 500 still poised to join them.

Crude oil was trading at about US$26 and then rumours spread of impending production cuts. Many companies in the oil sector have been adversely affected although consumers benefit from low oil prices. Quite a few companies in the fracking business have been adversely affected as oil is trading below their production costs. Failures of some of these companies have an adverse impact on the banks.

The USD/JPY has been in a free fall and only bounced on Thursday and Friday. This has caused the Nikkei 225 to sell off and put pressure on the US equity market as well. The EUR/USD shows the Euro appreciating again the dollar last week. Competitive depreciation is the name of the game. According to the FED chair Janet Yellen testimonty to Congress and the Senate, negative interest rates has also been considered for the US. That has contributed to market jitters.

Bonds (TLT) has been gaining when the equity market sold off. It is another place for the fear money to escape to. Junk bonds (HYG) is still in its down trend.

The Week Ahead.
The market is closed on Monday for Presidents day and we have a shortened week. The bounce could continue and some sideway action can be expected before any further sell-off can be expected.

 

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>