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)

24 March 2016 – Market shows its strength

The market bulls showed its strength when the indices were pushed back up in the afternoon trading session.

Dow Transportation had a big gap down on market open and it range traded in the first hour. The buyers came in and reversed traded upward for the rest of the day and closed with a dragonfly doji candle. Pivot momentum remains upward. Daily volumetric buying pressure is at 100%.

Dow Industrial gapped down on market open and range traded in the first hour. It swung up and down in the morning session and buyers came in and took it higher in late morning session. It continued trading upward throughout the day and closed with a bullish hammer candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%.

Russell 2000 gapped down on market open and immediately reversed and shot upward. It traded upward throughout the day and closed with a bullish hammer candle. Pivot momentum has reversed downward. Short term volumetric buying pressure is at 99.4%.

Nasdaq 100 swung wildly up and down in the morning session. Buyers came in late morning and traded steadily upward to close with a bullish Marubozu candle below its 200 SMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%.

S&P 500 had a big gap down on market open and traded steadily upward for the rest of the day. It closed with a bullish hammer candle above its 8 EMA. Pivot momentum remains upward. Volumetric buying pressure is at 100%. The S&P 500 is in a monthly Squeeze.

Commodities
Oil (/CL) future is trading down at $39.59 per barrel. Gold (/GC) future is trading down at 1216.7 an ounce. Silver (SLV) ETF is at 14.43. Commodities (DBC) ETF closed at 13.35.

Bonds
Junk bonds ETF (HYG) closed at 81.35. Bonds ETF (TLT) is at 129.54.

Currencies
USD/JPY is trading upward at 113.06 and is in a Squeeze. The dollar index (/DX) is up at 96.16. EUR/USD is down at 1.1160.

Relative Strength – Sectors
On a month lookback period, the ETFs outperforming the S&P 500 are XLE, XLB, XLU,, XLK, XLF and XLI respectively. XLU and XLK has moved up the ranks.

On a quarterly lookback period, the relative strength order are XLE, XLB, XLI, XLU, XLY, XLK and XLF. XLF and moved down the ranks. The utilies and technology sectors are showing growing strength.

Market Internals
Vix closed up at 14.74. Skew is up at 119.02. 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 and closed for the Easter weekend showing its strength. The market is likely to continue trading sideways and work off its overbought conditions.

 

To YOUR wealth!

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