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)

23 March 2016 – Early Easter for the bulls?

The market bulls took profit and perhaps have taken an early easter break. Russell 2000 is leading the way down but the Dow Transportation and Industrial showed strength.

Dow Transportation had a small gap down on market open and traded down for the first half hour which was also the trading range for the day. It recovered and traded upward to its high of the day by late afternoon before selling off and closed with a bearish Marubozu candle. Pivot momentum remains upward. Daily volumetric buying pressure is at 94.6100%.

Dow Industrial traded down in the first half hour and rallied upward. It range traded for most part of the day and sold off in the last hour to close with a bearish Marubozu candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 92.1%.

Russell 2000 sold off on market open and continued trading downward for the rest of the day. It closed with a bearish Marubozu candle on its 21 EMA. Pivot momentum has reversed downward. Short term volumetric buying pressure is at 83.81%. This index is leading the market downward.

Nasdaq 100 grinded its way downward with more selling in the last hour of trading. It closed with a bearish candle below its 200 SMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 90.89%.

S&P 500 had a small gap down on market open and range traded for the most part of the day before a final sell-off towards the close. Pivot momentum remains upward. Volumetric buying pressure is at 91.9%. The S&P 500 is in a monthly Squeeze.

Commodities
Oil (/CL) future is trading down at $39.60 per barrel. Gold (/GC) future is trading down at 1217.8 an ounce. Silver (SLV) ETF is at 14.51. Commodities (DBC) ETF closed at 13.43.

Bonds
Junk bonds ETF (HYG) closed at 81.71. Bonds ETF (TLT) is at 129.49. Money will move into bonds if the market sells off.

Currencies
USD/JPY is trading upward at 112.73 and is in a Squeeze. The dollar index (/DX) is up at 96.18. EUR/USD is down at 1.1175.

Relative Strength – Sectors
On a month lookback period, the ETFs outperforming the S&P 500 are XLE, XLB, XLF, XLK, XLI and XLU. XLI and XLK has swapped places and XLU has joined the party.

On a quarterly lookback period, the relative strength order are XLE, XLB, XLI, XLU, XLF, XLY and XLK. XLU has leapfrogged a few places up. The Utilities sector is showing strength.

Market Internals
Vix closed up at 14.94. Skew is up at 129.67. Market sentiment remains at neutral. Market breadth continues to slope upward but shows signs of flattening.

The week ahead
The prognosis is that the market remains strong with market participants booking profits ahead of the easter weekend. A sideway market and profit taking can be expected after many weeks of upward moves.

 

To YOUR wealth!

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