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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)

6 July 2016 – S&P 500 back at 2100

The S&P 500 is back at 2100 and the Dow Industrial is near to its 18000 level post Brexit. Gold and Silver continues to break to new high for the year. Healthcare which has been in a down trend made gains for the day. Financial sector stocks continue to underperform as European banking stocks slipped to all-time low.

Dow Transportation gapped down on market open and probed for the bottom in the first hour. It rallied sharply upward till the end of the day to close with a bullish candle below all its moving averages. Momentum remains downward. Daily volumetric buying pressure is at 98.5%.

Dow Industrial gapped down on market open and probed for the bottom in the first hour. It rallied sharply upward till the end of the day to close with a bullish engulfing candle above all its moving averages. Momentum remains upward. Short term volumetric buying pressure is at 70.5%. The index is in a monthly Squeeze.

Russell 2000 gapped down in the first half hour and reversed sharply upward. It traded upward for the rest of the day and closed with a bullish candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 92.5%.

Nasdaq 100 probed for the bottom in the first half hour after market open and rallied sharply upward for the rest of the day. It closed with a big bullish engulfing candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 83.5%. The index is in a monthly Squeeze.

S&P 500 probed for the bottom in the first hour after market open. It rallied sharply upward and closed with a big bullish engulfing candle above all its moving averages. Volumetric buying pressure is at 97.6%. The index is in a monthly Squeeze.

Metals and Commodities
Oil (/CL) futures traded down to $47.65 per barrel. Gold (/GC) futures made new high and is trading at $1370.4 per ounce. Silver (/SI) futures continues its upward trajectory and is trading at 20.185 per ounce.

Agriculture (DBA) ETF closed at 21.59 and has pulled back sharply from its recent uptrend. Commodities (DBC) ETF closed at 15.16 and is trading sideways.

Bonds
High Yield bond ETF (HYG) is up at 84.36. Bonds ETF (TLT) closed at 142.56.

Currencies
The dollar index is at 96.155 and looks set to break to new high. EUR/USD is trading at 1.10864 and in a downtrend. USD/JPY is at 100.99 continues its downtrend.

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

On a 3-month lookback, the relative strength order are XLU, XLE, XLP, XLV, XLY and XLI are outperforming the S&P 500.

Market Internals
Vix closed down at 14.96. Vix futures is at 16.36. Skew is at 123.14. Market sentiment is bullish. Market breadth is sloping upward. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
The indices have largely recovered to near the levels that it was before the Brexit referendum. The US economy has recovered and is performing better than other world economies like Europe, Japan and China. Market internals is strong. The prognosis is that this is a market looking for a catalyst to move higher.

 

To YOUR wealth!

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