We Are Here!

Marker Animations

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)

21 April 2016 – Market at Resistance, Biotech on the move?

Market pulled back after another week of upmoves as it consolidates at resistance levels. Oil, Gold and Silver pulled back slightly. Nasdaq 100 outperform the other indices as Biogen reported good earnings giving a boost to the sector.

Dow Transportation range traded in small ranges throughout the morning session. It traded downward in the afternoon session and closed with a small Marubozu candle. Pivot momentum has reversed downward. Daily volumetric buying pressure is at 31.5%.

Dow Industrial range traded in the first hour after market open before selling off till the last hour of trading. It closed with a small bearish candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 64.8%.

Russell 2000 swung up and down in the morning session. It sold off in early afternoon before recovering to close with a bearish candle above its 200 SMA. Pivot momentum remains upward. Volumetric buying pressure is at 65.6%.

Nasdaq 100 sold off on market open but rally sharply upward for the first two hours after market open. It pulled back and then range traded for the rest of the day to close with a doji candle above its 8EMA. Pivot momentum remains upward. Volumetric buying pressure is at 54.5%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 range traded in the first two hours after market open before the sellers came in. It grinded its way downward and closed with a bearish candle above its 8EMA. Pivot momentum remains upward. Volumetric buying pressure is at 80.8%. The S&P 500 is in a daily and monthly Squeeze.

Commodities
Oil (/CL) futures is holding at $43.70 per barrel. Gold (/GC) futures closed at 1249.2 an ounce. Silver (/SI) futures remains at 17.01. Commodities (DBC) ETF closed up at 14.12 just below its 200 SMA. Agriculture (DBA) ETF is at 20.98 and closed with a bearish engulfing candle.

Bonds
Junk bonds ETF (HYG) closed at 83.21 above its 200 SMA. Bonds ETF (TLT) gapped down to 128.69.

Currencies
USD/JPY is trading around 109.45 EUR/USD is at 1.1295. The dollar index (/DX) is at 94.540.

Relative Strength – Sectors
On a monthly lookback, the ETFs outperforming the S&P 500 are XLE, XLV, XLF, XLB, XLY and XLI respectively. The healthcare and finance sectors are moving up the ranking. Utilities XLU and consumer staples continue its sell-off. Technology has lost favour with investor as well.

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

Market Internals
Vix is up at 13.95. Vix futures is at 16.80 and market is pricing in future volatility. Skew is at 126.06. Market sentiment has dropped to neutral. Market breadth is sloping up but flattening. Volumetric accumulation/distribution is sloping up but flattening as well.

The Week Ahead
The market is consolidating after the breakout upward about a week and half ago. Funds are rotating into healthcare and finance sectors which had been the laggard sectors. Market could be reaching a short term resistance. The prognosis is that there is no serious threat to the market just yet.

 

To YOUR wealth!

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>