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)

11 April 2016 – Are the bears winning?

Market had a bullish start with promising moves to the upside and would have got the bulls excited. It gradually sold off as the day progresses and we have the potential lower lows and lower highs candles forming. Oil and Gold made gains for the day.

Dow Transportation gapped up on market open and traded upward for the first half hour before selling off. It range traded from late morning to early afternoon before selling off to close with a inverted hammer candle below its 21 EMA. Pivot momentum remains downward. Daily volumetric buying pressure is at 51.6%.

Dow Industrial gapped up on market open and traded upward for the first half hour. It reversed downward and range traded for most of the day and sold off to close with an inverted hammer candle on its 21 EMA. Pivot momentum remains downward. Short term volumetric buying pressure is at 66.7%.

Russell 2000 had a small gap up on market open and traded upward for the first half hour of trading. It sold off and range traded for most of the day and sold into the close with an inverted hammer candle. Pivot momentum remains downward. Volumetric buying pressure is at 53.9%.

Nasdaq 100 gapped up and continued trading upward on market open for the first half hour before selling off. It swung wildly for the most part of the day before selling into the close with an inverted hammer candle. Pivot momentum remains downward. Volumetric buying pressure is at 60.1%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 had a big gap up on market open and continued trading upward for the first half hour. It sold off and range traded for the most part of the day and sold into the close with an inverted hammer candle above its 21 EMA. Pivot momentum remains downward. Volumetric buying pressure is at 75.5%. The S&P 500 is in a daily and monthly Squeeze.

Commodities
Oil (/CL) futures made gains and is at $40.36 per barrel. Gold (/GC) futures traded up at 1259.8 an ounce. Silver (/SI) futures is up at 15.935. Commodities (DBC) ETF closed up at 13.36.

Bonds
Junk bonds ETF (HYG) is at 81.63. Bonds ETF (TLT) is down at 131.84.

Currencies
USD/JPY traded down to 107.96. The dollar index (/DX) is at 93.980 and the US dollar continues to slide against major world currencies. EUR/USD is up at 1.1407 and grinding upward.

Relative Strength – Sectors
On a monthly lookback period, the ETFs outperforming the S&P 500 are XLV, XLE, XLB and XLK respectively. The technology sector lost some ground.

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

Market Internals
Vix closed up at 16.26. Vix futures is up slightly at 17.15. Skew is down at 119.13. Market sentiment remains bullish. Market breadth has rounded downward and sloping slightly downward. Volumetric accumulation/distribution has rounded downward as well.

The Week Ahead
The market continues to chop around with no definite direction. The prognosis is that market choppiness remains and deteriorating market breadth is a bearish sign. Market will chop around but we are starting to see a hint of the bear’s presence.

 

To YOUR wealth!

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