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Marker Animations

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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)

20 April 2016 – Gold and Oil Up, Market Up

The Dow Jones Industrial index and the S&P 500 had no problem holding on to its 18,000 and 2100 levels respectively. Gold, Silver and Oil continue its upward march. Earnings are mixed and this could drag down the market. This market continues to climb despite many pundits call for a top.

Dow Transportation swung wildly up and down in the first two hours after market open before buyers came in. It traded upward till late afternoon before selling off to close with a doji candle above its 3EMA. Pivot momentum remains upward. Daily volumetric buying pressure is at 77.4%.

Dow Industrial had an indecisive first hour before the buyers came in. It traded upwards till late afternoon before selling off to close at 18096.27 with a small spinning top doji candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 98%.

Russell 2000 swung up and down with the bulls pushing the index higher till late afternoon when it sold off. It closed with a small spinning top doji candle. Pivot momentum remains upward. Volumetric buying pressure is at 98.6%.

Nasdaq 100 grinded upward in morning trading and flatlined for most part of the day. It pulled back in the last hour of trading and closed with a doji candle. Pivot momentum remains upward. Volumetric buying pressure is at 83.7%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 traded indecisively in the first hour after market open before the buyers came in. It traded sharply upward till late afternoon before pulling back to close at 2102.40 with a doji candle. Pivot momentum remains upward. Volumetric buying pressure is at 99.9%. The S&P 500 is in a daily and monthly Squeeze.

Commodities
Oil (/CL) futures continues to move upward to $43.90 per barrel. Gold (/GC) futures closed at 1248.9 an ounce. Silver (/SI) futures is at 17.01. Commodities (DBC) ETF closed up at 14.18. Agriculture (DBA) ETF is at 21.17. Commodities continue its upward moves.

Bonds
Junk bonds ETF (HYG) closed higher at 83.47. Bonds ETF (TLT) closed down at 129.90 as the indices moved up.

Currencies
USD/JPY traded up at 109.74 to its 21 EMA. EUR/USD is at 1.1295. The dollar index (/DX) is at 94.550.

Relative Strength – Sectors
On a monthly lookback, the ETFs outperforming the S&P 500 are XLE, XLF, XLB, XLV, XLY and XLI respectively. The financial sector is moving up the ranking. Utilities XLU is in a sell-off.

On a 3-month lookback, the relative strength order are XLE, XLB, XLF, XLI and XLY respectively. Financials have moved up the ranking.

Market Internals
Vix is down at 13.29. Vix futures is at 16.5 and indicates future volatility. Skew is at 126.20. Market sentiment remains bullish. Market breadth continues to slope up. Volumetric accumulation/distribution continues to slope up supporting the market move upward.

The Week Ahead
The market continues to move upward with strength but the market is also starting to price in future volatility via the Vix futures. The prognosis is that the market moves upward has solid support but caution is necessary.

 

To YOUR wealth!

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