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)

18 July 2016 – Nasdaq Outperforms, new highs

The Nasdaq 100 had a strong day with the index making a new yearly high. The rest of the indices traded upward but had a more quiet day relative to recent price action.

Technology sector had a big day with the acquistion of the ARMH by Softbank for US$32B. By comparison, the technology sector still has some way to go to move into the region of all-time highs which are being led by the S&P 500 and the Dow Jones Industrial indices. We could see a sector rotation coming.

Dow Transportation had a small gap down on market open before reversing upward till mid morning. It spent the rest of the day range trading and closed with a doji candle. Momentum remains upward. Daily volumetric buying pressure is at 97.3%. The index is in a weekly Squeeze.

Dow Industrial traded upward on market open till mid-morning. It pulled back and range traded for the rest of the day to close with a small doji candle. Momentum remains upward. Short term volumetric buying pressure is at 95.3%. The index is in a monthly Squeeze.

Russell 2000 surged on market open till mid-morning. It pulled back till mid-day before rallying upward for the rest of the day to close with a small spinning top doji candle. Momentum remains upward. Volumetric buying pressure is at 77.7%.

Nasdaq 100 was indecisive in the opening twenty minutes before surging upward till late morning. It then pulled back and range traded for the rest of the day to close with bullish candle. It broke to new yearly high at 4627.57. Momentum remains upward. Volumetric buying pressure is at 92.2%. The index has just exited its weekly Squeeze and is in a monthly Squeeze.

S&P 500 was indecisive in the opening twenty minutes before surging upward till mid-morning. It pulled back till midday before trading upward to close with a small bullish candle. Momentum remains upward. Volumetric buying pressure is at 94.6%. The index has exited its weekly Squeeze and is still in a monthly Squeeze.

Metals and Commodities
Oil (/CL) futures is trading at $45.81 per barrel and is in a down trend. Gold (/GC) futures has pulled back to its 21 EMA and is trading at $1328.8 per ounce. Silver (/SI) futures is trading at 20.040 per ounce.

Agriculture (DBA) ETF is at 21.51 and is in a down trend. Commodities (DBC) ETF closed at 14.86 and is heading south.

Bonds
High Yield bond ETF (HYG) closed at 85.92 and is still in an uptrend. It is still above all its moving averages. Bonds ETF (TLT) closed at 138.26.

Currencies
The dollar index is at 96.615 and is sideways. EUR/USD is trading at 1.10690 and continues its downtrend. USD/JPY is trading at 106.096 and is at its downsloping 21 EMA.

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

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

Market Internals
Vix closed down at 12.44. Vix futures is at 14.15. Skew is at 125.38. Market sentiment is EXTREMELY bullish. Market breadth is sloping upward. Volumetric accumulation/distribution is sloping sharply upward.

The Week Ahead
The Nasdaq 100 and the S&P 500 has just exited its weekly Squeeze upward. They continue to make new yearly or all time highs. Russell 2000 is still playing catch-up to the other indices. Dow Transportation is still in a weekly Squeeze and is a candidate for the next big move upward. Market internals continue to show super strength. The market is extremely bullish. The prognosis is for the market to keep recording new highs for this week.

 

To YOUR wealth!

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