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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)

5 August 2016 – Jobs report shocker, market explodes upwards!

The July jobs report gave the market a liftoff in new historic highs with the US economy creating 255,000 jobs. That was well above the forecasts that ranged from 170,000 to 180,000. And the Rio Olympics 2016 is here!

The S&P 500 and Nasdaq 100 made new all time high at 2182.64 and 4799.86 respectively. The Russell 2000 made a new year high at 1232.87.

Oil closed with a small weekly hammer candle. Is this the reversal candle?

Gold and Silver closed lower for the week. US dollar closed higher for the week.

Dow Transportation closed with a dragonfly doji on its weekly chart above all its weekly moving averages. Momentum remains upward. Weekly volumetric buying pressure is at 100%.

Dow Industrial closed with week with a bullish candle above all its weekly moving averages. Momentum remains upward. Short term volumetric buying pressure is at 100%.

Russell 2000 closed the week with a bullish hammer candle above all its weekly moving averages. Momentum remains upward. Volumetric buying pressure is at 100%.

Nasdaq 100 continue its record breaking with new all time high at 4799.86. It closed the week with a bullish weekly candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 100%.

S&P 500 closed the week with a new all time high at 2182.87. It closed the week with a bullish hammer candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 100%.

Metals and Commodities
Oil (/CL) futures closed the week with a small hammer candle on its 50 SMA (weekly). Buying pressure is at 87.6%. Momentum is neutral.

Gold (/GC) futures closed down for the week with an inverted hammer candle on its 3 EMA. Weekly momentum remains upward.

Silver (/SI) futures closed down for the week at 19.725 per ounce. Weekly momentum remains upward.

Agriculture (DBA) ETF closed up for the week at 20.92 just above its 50 SMA (weekly). Weekly momentum remains downward.

Commodities (DBC) ETF closed for the week just above its 50 SMA (weekly). Weekly momentum is neutral.

Bonds
High Yield bond ETF (HYG) closed at 85.54 with a bullish candle above its 8 EMA (weekly). Momentum remains upward.

Bonds ETF (TLT) closed at 138.00 with a bearish candle below its 8 EMA (weekly). Momentum remains upward.

Currencies
The dollar index closed for the week at 96.165 with a bullish weekly candle above its 8 EMA. Momentum is upward.

EUR/USD closed at 1.10877 with a bearish weekly candle below its 50 SMA and 8 EMA. Momemtum is downward.

USD/JPY closed at 101.826 with a small spinning top doji candle (weekly). Momentum remains downward.

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

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

Market Internals
Vix is at 11.39. Vix futures is at 13.875. Skew is at 130.60. Market sentiment is very bullish. Market breadth has flattened. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
Market internals continue to remain strong and the upward momentum remains. The prognosis is for new all time highs in the indices.

Stock of the Day
The Stock of the Day is Array BioPharma. We are seeing a round bottom breakout with this stock.

 

To YOUR wealth!

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