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 August 2016 – Market pulls back for a breather

The indices pulled back for a breather after many days of up market. Gold had a big day and oil continued its downward move to below $40 per barrel. Dow Transportation is leading the market down whereas the Nasdaq technology stocks remain strong.

Dow Transportation dropped on market open and had a small bounce after midday. It closed with a big bearish marubozu candle below its 50 SMA and 200 SMA. Momentum has reversed downward. Daily volumetric buying pressure is at 67.5%. The index is in a weekly Squeeze.

Dow Industrial dropped on market open till midday before recovering in afternoon trading. It closed with a bearish candle on its 21 EMA. Momentum remains upward. Short term volumetric buying pressure is at 91.3%. The index is in a monthly Squeeze.

Russell 2000 dropped on market open till midday before a bounce in the afternoon. It closed with a big bearish marubozu candle just above its 21 EMA. Momentum remains upward. Volumetric buying pressure is at 79.7%. The index has exited its monthly Squeeze.

Nasdaq 100 dropped on market open and traded downward till midday. It recovered in the afternoon session and closed with a bearish candle above its 8 EMA. Momentum remains upward. Volumetric buying pressure is at 97.7%. The index is in a monthly Squeeze.

S&P 500 dropped on market open and traded downward till midday. It recovered in the afternoon and closed with a bearish marubozu candle above its 21 EMA. Momentum remains upward. Volumetric buying pressure is at 90.4%. The index is still in a monthly Squeeze.

Metals and Commodities
Oil (/CL) futures continues its downtrend and is trading at $39.72 per barrel. Gold (/GC) futures had a good day and made gains and is trading at $1370.3 per ounce. Silver (/SI) futures is trading at 20.665 per ounce.

Agriculture (DBA) ETF continued its downtrend and closed at 20.47. Commodities (DBC) ETF continues its downtrend and closed at 14.01.

Bonds
High Yield bond ETF (HYG) sold off and closed down at 84.43 above its 50 SMA. Bonds ETF (TLT) gapped down and closed at 138.33.

Currencies
The dollar index had a big down day and is at 95.020. EUR/USD made big gains and is at 1.12252. USD/JPY traded sideways at 100.864.

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

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

Market Internals
Vix made gains and is at 13.37. Vix futures is at 14.19. Skew is at 129.25. Market sentiment is neutral. Market breadth is turning downward. Volumetric accumulation/distribution is turning downward as well.

The Week Ahead
The pullback in the indices is a healthy move for the market to let off steam since it broke upward about three weeks ago. We can expect this week to have more downward pressure but nothing too serious. The prognosis is for the indices will come under selling pressure but the downward move will be limited.

Stock of the Day
Valero (VLO) is our pick for the day. We noticed that money has been flowing into this stock.

 

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>