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)

31 March 2016 – Market awaiting for job report

It was another day of consolidation with small range trading in the indices as the market waits for the job report on Friday to give it a reason to move up further.

Dow Transportation range traded throughout the day and closed with a small doji candle above its 200 SMA. Pivot momentum remains upward. Daily volumetric buying pressure is at 92.9%.

Dow Industrial range traded for the morning session before selling off in early afternoon. It managed to recover and closed with a low closing doji candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 88.1%.

Russell 2000 traded upward in the morning session before pulling back in the afternoon session. It closed with a small spinning top doji candle. Next target is the 200 SMA. Pivot momentum remains upward. Volumetric buying pressure is at 88%.

Nasdaq 100 traded upward in the morning session before selling off in the afternoon session. It closed with a spinning top doji candle. Pivot momentum remains upward. Volumetric buying pressure is at 94.5%. The Nasdaq 100 is Squeeze.

S&P 500 grinded its way upward in the morning session and sold off in the early afternoon. It closed with a low closing spinning top doji candle. Pivot momentum remains upward. Volumetric buying pressure is at 96.3%. The S&P 500 is in a monthly Squeeze.

Commodities
Oil (/CL) futures lost ground and is trading at $38.11 per barrel. Gold (/GC) futures is trading down at 1233.0 an ounce. Silver (/SI) futures is at 15.415. Commodities (DBC) ETF closed at 13.29.

Bonds
Junk bonds ETF (HYG) is at 81.69. Bonds ETF (TLT) is at 130.61 and in a Squeeze.

Currencies
USD/JPY traded down to 112.10 and is in a Squeeze. The dollar index (/DX) is down at 94.69. EUR/USD is up at 1.1374.

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

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

Market Internals
Vix closed at 13.95. Skew is down at 122.03. Market sentiment is slightly neutral to bullish. Market breadth continues to slope up.

The week ahead
The weakening US Dollar is good for the US economy and that is a piece of good news. The Japanese Yen which has strengthened against the dollar is no good for the Japanese economy and hence the Nikkei has lost ground lately. It is also a reason for the continued strength in the US market. There is a Squeeze in the USD/JPY and hence we could see a big movement in the market if the Squeeze fires.

The market looks to be well hedged and the prognosis is that any pullback will be small. More likely, it will move sideways to upward.

 

To YOUR wealth!

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