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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)

6 April 2016 – Market reverses upward

The bulls caught the bears by surprise as it charges upward. There were many short sellers who expected the market to move down further and they were caught when the market turned upward forcing a short Squeeze.

Earnings season is here now and the market has been chopping around for the last two weeks.

Dow Transportation sold off on market open and traded downward for the first hour before reversing upward. It grinded upward till the end of the day and closed with a high closing doji candle. Pivot momentum remains downward. Daily volumetric buying pressure is at 88%.

Dow Industrial range traded in the first hour after market open. It rallied upward during the morning session and range traded till later in the day before a final push upward to close with a bullish candle. Pivot momentum has reversed upward. Short term volumetric buying pressure is at 96.9%.

Russell 2000 range traded in the first hour before it rallied upward till early afternoon. It pullback before a late rally to close with a bullish Marubozu candle. Pivot momentum has reversed upward. Volumetric buying pressure is at 91.7%.

Nasdaq 100 range traded in the first hour after market open and subsequently rallied upward. It had a couple of pullbacks before a final push upward to close with a big bullish Marubozu candle. Pivot momentum has reversed upward. Volumetric buying pressure is at 100%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 range traded in the first hour after market open before rallying upward. It had a pullback in the afternoon but the bulls were there to push it back up and closed it with a bullish Marubozu candle. Pivot momentum has reversed upward. Volumetric buying pressure is at 100%. The S&P 500 is in a monthly Squeeze.

Commodities
Oil (/CL) futures gained is trading at $38.25 per barrel. Gold (/GC) futures is trading at 1225.9 an ounce. Silver (/SI) futures is at 15.080. Commodities (DBC) ETF closed at 12.99.

Bonds
Junk bonds ETF (HYG) is at 81.55 in a sideways market. Bonds ETF (TLT) is at 131.23.

Currencies
USD/JPY continues to make new low at 109.567. The dollar index (/DX) is at 94.480 in a sideway doji action. EUR/USD is at 1.1378 in a sideway action.

Relative Strength – Sectors
On a month lookback period, the ETFs outperforming the S&P 500 are XLV, XLK and XLY respectively. Healthcare XLV is starting to make a move. Money is rotating into healthcare and biotech stocks and ETFs.

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

Market Internals
Vix closed at 14.09. Skew is down at 125.06. Market sentiment remains bullish. Market breadth has flattened. Volumetric accumulation/distribution has flattened as well.

The Week Ahead
The prognosis is that the indices are hitting resistance levels and we can expect further volatility for a while.

 

To YOUR wealth!

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