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)

2 June 2016 – Ever higher!

The indices continue to trend higher independently of any other influences. Such is the strength of this market that it is now news independent. The market seems to have discounted any impact of a rate hike or a rate hike itself in June or the following months.

Dow Transportation traded higher on market open till late morning. It then spent the rest of the day range trading to close with a small doji candle. Momentum remains upward. Daily volumetric buying pressure is at 42.6%.

Dow Industrial traded downward on market open in the first half hour and found its bottom for the day. It reversed and traded upward for the rest of the day and closed with a hammer candle above its 50 SMA and 21 EMA. Momentum remains upward. Short term volumetric buying pressure is at 100%. The index is in a monthly Squeeze.

Russell 2000 traded downward in the first half hour of trading and made its low of the day. Buyers came in and it pushed upward till the end of the day to close with a bullish marubozu candle. Volumetric buying pressure is at 99.9%. The index has exited its monthly Squeeze.

Nasdaq 100 traded downward in the first half hour of trading and made its low of the day. It reversed and grinded upward till the end of the day and closed with a bullish marubozu candle. Momentum remains upward. Volumetric buying pressure is at 100%. The index is in a monthly Squeeze.

S&P 500 made its low of the day in the first half hour of trading. It proceeded to push upward for the rest of the day and closed with a bullish marubozu candle. Momentum remains upward. Volumetric buying pressure is at 99.9%. The index is in a monthly Squeeze.

Metals and Commodities
Oil (/CL) futures is trading at $49.21 per barrel. Gold (/GC) futures is at $1212.0. Silver (/SI) futures is at 15.99. Oil, Gold and Silver are now trading sideways.

Agriculture (DBA) ETF gapped up and closed with a bullish candle at 21.73. Commodities (DBC) ETF closed at 14.89.

Bonds
High Yield bond ETF (HYG) is still in an uptrend and closed at 83.36. Bonds ETF (TLT) gapped up and closed at 131.36. TLT is in a daily Squeeze.

Currencies
The dollar index is at 95.615. EUR/USD is trading at 1.11462. USD/JPY is at 109.04.

Relative Strength – Sectors
On a monthly lookback, the ETFs outperforming the S&P 500 are XLV, XLK, XLE, XLF, XLU and XLB respectively. Healthcare has leap-frogged over technology as the leading sector.

On a 3-month lookback, the relative strength order are XLE, XLV, XLB and XLF outperforming the S&P 500. Money has rotated in healthcare sector.

Market Internals
Vix closed higher at 13.63. Vix futures is at 14.90. The Vix has come down indicating the strength of the market.

Skew is at 134.15. Market sentiment remains bullish. Market breadth is continues to slope upward. Volumetric accumulation/distribution is sloping upward as well.

The Week Ahead
Market internals show that the market participants are bullish on this market. The prognosis is that this market is rather bullish. We could see the indices breaking to new highs in the coming weeks.

 

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>