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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)

9 May 2016 – Earning season near end, market yawns

It was a day of range trading in the indices as earning season near its end. The indices were up pre-market but there was no momentum in either direction. The sectors that have been doing badly such as technology and healthcare did well for the day. Economic report from China indicates weaker import and exports in April. Gold and oil prices fell.

Dow Transportation spent the morning in a narrow range. It made its move upward in early afternoon but sellers sold it down to close with a small doji candle below its 8 EMA. Momentum remains downward. Daily volumetric buying pressure is at 38%.

Dow Industrial attempted to rally on market open but was sold down in the morning session. It grinded its way upward to close with a small doji candle below its 8 EMA. Momentum remains downward. Short term volumetric buying pressure is at 95.1%. The index is in a monthly Squeeze.

Russell 2000 range traded within a small range in the morning session. It broke out to the upside in early afternoon trading but was sold down and closed with a small doji candle below its 8 EMA. Momentum remains downward. Volumetric buying pressure is at 64.5%.

Nasdaq 100 range traded throughout the day and closed with a small doji candle below its 8 EMA. Momentum remains downward. Volumetric buying pressure is at 72.6%. The index is in a monthly Squeeze.

S&P 500 was up pre-market but could not sustain the momentum. It range traded throughout the day and closed with a small doji candle below its 8 EMA. Momentum remains downward. Volumetric buying pressure is at 99.6%. The index is in a monthly Squeeze.

Commodities
Oil (/CL) futures is down at $43.10 per barrel. Gold (/GC) futures is at 1264.8. Silver (/SI) futures is at 16.985. Agriculture (DBA) ETF closed at 20.87. Commodities (DBC) ETF closed at 13.81 and closed below its 200 SMA.

Bonds
High Yield bond ETF (HYG) closed at 82.38. Bonds ETF (TLT) closed 130.86.

Currencies
USD/JPY made further gains and is at 108.40. EUR/USD is at 1.1387. The dollar index (/DX) is at 94.095 as it made further gains.

Relative Strength – Sectors
On a monthly lookback, the ETFs outperforming the S&P 500 are XLU, XLF, XLP, XLE, XLY, XLV, XLB, XLI and XLK respectively. XLP, XLU and XLY shows positive short term momentum.

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

Market Internals
Vix closed down at 14.57. Vix futures is up at 15.45. Skew is at 123.17. Market sentiment is neutral. Market breadth is sloping down as the number of decliners increase. Volumetric accumulation/distribution has flattened.

The Week Ahead
The indices are now trading sideways and seeking direction for its next move. Earnings season is near its end with another week and half to go. It has been a mix earnings season.

The prognosis is that market will continue to trade sideways while waiting for a catalyst to move either direction.

 

To YOUR wealth!

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