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)

4 April 2016 – Market consolidates

The market consolidated after a big day gain last Friday. This a typical profit taking day when traders took the opportunity to book gains in a market that is rather stretched.

Dow Transportation traded upward in the first hour after market open. It then sold off for the rest of the day and closed with a bearish Marubozu candle on the 200 SMA. Pivot momentum remains downward. Daily volumetric buying pressure is at 86.6%.

Dow Industrial traded upward in the first half hour and hit resistance at 17811.48. It proceeded to swing its way downward for the rest of the trading session and closed with a small bearish Marubozu candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 94.9%.

Russell 2000 traded upward in the first half hour after market open before selling off for the rest of the day. It closed with a bearish Marubozu candle in a bearish engulfing candle pattern. Pivot momentum remains upward. Volumetric buying pressure is at 84.9%.

Nasdaq 100 swung wildly up and down throughout the day and closed with a small bearish spinning top doji candle. Pivot momentum remains upward. Volumetric buying pressure is at 90.1%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 swung up and down as it traded its way downward. It closed with a bearish Marubozu candle. Pivot momentum remains upward. Volumetric buying pressure is at 91.9%. The S&P 500 is in a monthly Squeeze.

Commodities
Oil (/CL) futures lost ground and is trading at $35.46 per barrel. Gold (/GC) futures is trading down at 1217.8 an ounce. Silver (/SI) futures is at 14.965. Commodities (DBC) ETF closed at 12.88.

Bonds
Junk bonds ETF (HYG) is at 81.17. Bonds ETF (TLT) is at 130.76 and in a Squeeze.

Currencies
USD/JPY traded down to 111.18 and is in a Squeeze. The dollar index (/DX) is down at 94.565. EUR/USD is up at 1.1392. The dollar has been losing ground against other major world currencies which is good for the multinational companies.

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

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

Market Internals
Vix closed at 14.12. Skew is down at 125.23. Market sentiment is bullish. Market breadth continues to slope up. Volumetric analysis continues to slope up which means nett accumulation.

The Week Ahead
Today’s trading is typical trading day after a big up move on Friday. It is marked by the market consolidating. The market has been moving upwards in a stair-step fashion. Market participants are bullish although the market is extended. It is starting to hit longer term resistance levels and we should see increase in volatility in the coming days.

 

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>