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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)

15 April 2015 – Gains held for the week

The week ended with the market doing nothing much for the day but it held the gains for the week. It is also an ominous sign with another day of doji candles. Oil held above $40 per barrel. Gold futures made slow gains and held above $1200 per ounce and the dollar index fell.

Retailers continue to underperform and energy held its perch since oil moved from its low of $26+ to above $40. Pharmaceuticals remain under appreciated in this election year with politicians threatening action against price gouging.

Dow Transportation range traded within a 69.56 points throughout the day. It closed with a small doji candle above its 3EMA. Pivot momentum remains upward. Daily volumetric buying pressure is at 57.9%.

Dow Industrial traded up in the morning session before trading downward. It managed to pull back in the afternoon session and closed with a small doji candle above its 3EMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 81.5%.

Russell 2000 traded upward and through its 200 SMA but was unable to hold it. It closed with a samll doji candle above its 3 EMA. Pivot momentum is upward. Volumetric buying pressure is at 100%.

Nasdaq 100 swung up and down and up during the day’s trading and closed with a small spinning top doji candle on its 3EMA. Pivot momentum remains upward. Volumetric buying pressure is at 89.9%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 swung up and down in the day’s trading and closed with a small doji candle on its 3 EMA. Pivot momentum remains upward. Volumetric buying pressure is at 100%. The S&P 500 is in a daily and monthly Squeeze.

Commodities
Oil (/CL) futures closed for the week at $41.75 per barrel. Gold (/GC) futures closed at 1235.8 an ounce. Silver (/SI) futures is at 16.255. Commodities (DBC) ETF closed up at 13.56.

Bonds
Junk bonds ETF (HYG) is at 82.49. Bonds ETF (TLT) is down at 131.88.

Currencies
USD/JPY traded up at 108.74. EUR/USD is at 1.1281. The dollar index (/DX) is at 94.670.

Relative Strength – Sectors
On a monthly lookback, the ETFs outperforming the S&P 500 are XLV, XLE, XLF, XLB, XLY and XLI respectively. Healthcare and Financials moved up the ranking ladder.

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

Market Internals
Vix is down at 13.62. Vix futures is at 14.725. Skew is at 123.10. Market sentiment remains bullish. Market breadth continue to slope up. Volumetric accumulation/distribution is sloping up as well.

The Week Ahead
This market closed with the week undecided but market internals points to continuing strength. There is no major rotation of any sectors. Healthcare and financial sectors are showing some interests among buyers. These are sectors that have been sold down from the beginning of the year.

The market has made significant advance since the sell-off and this recovery has been solid with good volume support. Our prognosis is that the market should see more sideways action and any move upwards will be limited.

 

To YOUR wealth!

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