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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)

25 April 2016 – Oil, Dollar slips, Market consolidates further

The indices closed lower but not by much. Oil and dollar fell further and gold gained. So far, we have a mixed to weaker earnings for the companies that have reported.

New Home Sales (1.5%) to 511K, below estimate of up 1.6% to 520K. Dallas Fed Manufacturing index fell (-13.9) vs. est. (-10.0).

Dow Transportation sold off on market open and continued its sell-off for the morning session. It made a tentative recovery in the afternoon session and closed with a bearish candle below its 8EMA. Pivot momentum remains upward. Daily volumetric buying pressure is at 62.2%.

Dow Industrial traded downward in the first two hours after market open and then reversed and traded upward for the rest of the day. It closed with a small doji candle above its 8EMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%.

Russell 2000 sold off on market open and continued trading downward for much of the day. It made a slight recovery in the last half hour to close with a small bearish candle above its 8 EMA. Pivot momentum remains upward. Volumetric buying pressure is at 87.5%.

Nasdaq 100 traded down till mid-morning before pulling back. It range traded in the afternoon and closed with a small spinning top doji candle above its 200 SMA. Pivot momentum remains upward. Volumetric buying pressure is at 79.8%. The Nasdaq 100 is in a monthly Squeeze.

S&P 500 traded down till mid-morning before recovering. It range traded for the rest of the day and closed with a small dragonfly 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 is at $42.97 per barrel. Gold (/GC) futures is sideways at 1239.1 an ounce. Silver (/SI) futures closed at 17.000. Commodities (DBC) ETF closed up at 14.05 just below its 200 SMA. Agriculture (DBA) ETF closed at 20.82 above its 200 SMA.

Bonds
Junk bonds ETF (HYG) closed at 83.08 and sits on its 200 SMA. Bonds ETF (TLT) is at 127.83.

Currencies
USD/JPY is at 111.20. EUR/USD sold off and closed at 1.1266. The dollar index (/DX) is at 94.755 and is in a Squeeze.

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

On a 3-month lookback, the relative strength order are XLE, XLB, XLF, XLY and XLI.

Market Internals
Vix is up at 14.08. Vix futures is at 16.28. Volatility has increased slightly. Skew is at 126.78. Market sentiment has dropped to neutral-bearish. Market breadth has flattened. Volumetric accumulation/distribution has flattened as well.

The Week Ahead
The market has now shifted to a neutral stance and the US dollar index is in a volatility compression. That could be the big mover for the stock market if it explode in either direction. The US treasuries bond continues to fall.

The prognosis is that the market is more hesitant and unsure of it direction it should be moving.

 

To YOUR wealth!

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