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)

12 April 2016 – The bull bear tussle continues ….

It was another day of pre-market bullishness but this time around, the bears were not around to spoil the party. Earnings season has started with the bulls looking to extend the party mood. Oil and Gold traded upward to contribute to the party mood.

Dow Transportation swung wildly up and down in the first hour after market open and was unable to break through its 200 SMA upper resistance. It grinded its way upward before a last hour sell-off to close with a spinning top doji candle. Pivot momentum remains downward. Daily volumetric buying pressure is at 57.2%.

Dow Industrial had a swild swing up and down before it rocketed upwards. It traded upward to close with a big bullish candle. Pivot momentum has reversed upward. Short term volumetric buying pressure is at 76.1%.

Russell 2000 traded within a small range in the first hour of trading before rocketing upward. It then range traded from late morning till afternoon to close with a bullish candle. Pivot momentum remains downward. Volumetric buying pressure is at 70.2%.

Nasdaq 100 sold off in the first hour of trading before reversing direction. It rocketed upward for an hour and then grinded its way upward for the rest of the afternoon. Pivot momentum has reversed upward. Volumetric buying pressure is at 70.3%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 sold off on market open and reversed direction upward within the first hour. It shot upward for an hour and continued trading upward for the rest of the day to close with a bullish candle. Pivot momentum has reversed upward. Volumetric buying pressure is at 85.5%. The S&P 500 is in a daily and monthly Squeeze.

Commodities
Oil (/CL) futures made gains and is at $41.70 per barrel. Gold (/GC) futures is at 1256.5 an ounce. Silver (/SI) futures is up at 16.14. Commodities (DBC) ETF closed up at 13.65.

Bonds
Junk bonds ETF (HYG) is up at 82.11. Bonds ETF (TLT) is down at 130.93.

Currencies
USD/JPY traded up at 108.76. EUR/USD is at 1.1373. The dollar index (/DX) is at 94.115.

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

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

Market Internals
Vix is down at 14.85. Vix futures is at 15.90. Skew is at 126.17. Market sentiment remains bullish. Market breadth is flat. Volumetric accumulation/distribution is flat as well.

The Week Ahead
The metal and energy stocks are breaking out to new highs. Latin American and real estate are another category of stocks that are doing well. Otherwise, this is a sideways market with alternate days of market being up and down. We are in earnings season with companies reporting. This will set the tone for the next course of market direction.

 

To YOUR wealth!

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