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)

13 April 2016 – Financials lead market higher

The pre-market bullishness made big gains in the indices futures and that set the tone for the massive rally in the cash session. Good news on the export data from China and also the FED Beige Book. China’s exports jumped the most in 18 months and declines in imports narrowed. Overseas shipments rose 11.5% in dollar terms in March from a year earlier, compared with a 25% slump in February The FED Beige Book shows wages increased in all 12 FED districts except Atlanta.

Dow Transportation shot up above its 200 SMA on market open and traded strongly upward throughout the day. It closed with a big bullish Marubozu candle above all its moving averages (8EMA, 21 EMA, 50 SMA and 200 SMA). Pivot momentum is upward. Daily volumetric buying pressure is at 80.5%.

Dow Industrial gapped up on market open and traded strongly upward throughout the day. It closed with a big bullish Marubozu candle above all its moving averages. Pivot momentum is upward. Short term volumetric buying pressure is at 88.1%.

Russell 2000 gapped up on market open and traded bullishly upward throughout the day. It closed on its 200 SMA with a big bullish Marubozu candle. Pivot momentum is upward. Volumetric buying pressure is at 96.3%.

Nasdaq 100 shot upward for the first hour of trading and then range traded till later afternoon. It then had a last hour rally to close with a bullish Marubozu candle. Pivot momentum is upward. Volumetric buying pressure is at 88.6%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 had a big gap up on market open and traded strongly upward throughout the day. It closed with a bullish Marubozu candle. Pivot momentum is upward. Volumetric buying pressure is at 99.8%. The S&P 500 is in a daily and monthly Squeeze.

Commodities
Oil (/CL) futures is at $41.30 per barrel. Gold (/GC) futures is down at 1234.6 an ounce. Silver (/SI) futures is at 16.095. Commodities (DBC) ETF closed up at 13.72.

Bonds
Junk bonds ETF (HYG) is up at 82.65. Bonds ETF (TLT) is down at 131.39.

Currencies
USD/JPY traded up at 109.40. EUR/USD is at 1.1262. The dollar index (/DX) is at 94.975.

Relative Strength – Sectors
On a monthly lookback, the ETFs outperforming the S&P 500 are XLE, XLV, XLB, XLF, XLI and XLK respectively. The technology sector continues to lose ground and financials have made big gains.

On a 3-month lookback, the relative strength order are XLE, XLB, XLI, XLF, XLY and XLK respectively. Financials made gains while technology lost out.

Market Internals
Vix is down at 13.84. Vix futures is at 15.00. Skew is at 127.13. Market sentiment remains bullish. Market breadth is sloping up again. Volumetric accumulation/distribution is sloping up as well.

The Week Ahead
This market continues to show its strength despite the calls out there for the market to crash due to one reason or another. There has been quite a few traders that have shorted the market and it is partly because of the shorts unwinding that has seen some big bullish candles.

The prognosis is that the market remains bullish as the market internals are telling us so.

 

To YOUR wealth!

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