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)

30 March 2016 – Just a consolidation day

The market consolidated after a big up day the previous day. It does need to work off its overbought conditions in order to move up further.

Dow Transportation had a small gap up on market open before reversing downward. It range traded for the rest of the day and closed with a small doji candle. Pivot momentum remains upward. Daily volumetric buying pressure is at 92.5%.

Dow Industrial shot upwards on market open and range traded for the rest of the day. It closed with a small bullish Marubozu candle above all its moving averages. Pivot momentum remains upward. Short term volumetric buying pressure is at 99.4%.

Russell 2000 had a gap up on market open and sold off in the first two hours of trading. It recovered in the afternoon session and closed with a low closing doji candle. Pivot momentum remains upward. Volumetric buying pressure is at 89.75%. It is the weakest of the five indices that we track.

Nasdaq 100 gapped up on market open and traded upward in the first hour after market open before selling off. It traded downward in the morning session before recovering in the afternoon session to close with a low closing doji. Pivot momentum remains upward. Volumetric buying pressure is at 98.1%.

S&P 500 gapped up on market open and range traded for the first two hours. It traded downward and range traded for the rest of the day to close with a inverted hammer candle. Pivot momentum remains upward. Volumetric buying pressure is at 99.78%. The S&P 500 is in a monthly Squeeze.

Commodities
Oil (/CL) futures lost ground and is trading at $38.05 per barrel. Gold (/GC) futures is trading down at 1227.5 an ounce. Silver (/SI) futures is at 15.24. Commodities (DBC) ETF closed at 13.31. Overall, the commodities market is trading sideways.

Bonds
Junk bonds ETF (HYG) closed up at 81.58. Bonds ETF (TLT) is at 129.69 and in a Squeeze.

Currencies
USD/JPY traded down to 112.60 and is in a Squeeze. The dollar index (/DX) is down at 94.89. EUR/USD is up at 1.1328.

Relative Strength – Sectors
On a month lookback period, the ETFs outperforming the S&P 500 are XLE, XLU, XLK and XLB respectively. Technology ETF is showing gathering strength.

On a quarterly lookback period, the relative strength order are XLB, XLE, XLI, XLY, XLK, XLU and XLF respectively.

Market Internals
Vix closed down at 13.56. Skew is down at 128.67. Market sentiment is slightly bearish. Market breadth continues to slope up.

The week ahead
The prognosis is that the market remains strong. Sideway to upward momentum is the more likely direction for the rest of the week.

 

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>