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)

12 August 2016 – Week ended with a whimper

Stocks ended lower on Friday as sentiment was less bullish going into the weekend due to softer retail sales. Oil prices is in an uptrend and closed above $44 per barrel. Gold and Silver ended the week unchanged with weekly doji candles.

Bonds gained for the week and is still in an uptrend. High Yield bonds continue its weekly uptrend.

The dollar index closed lower for the week and is in a sideway momentum.

Dow Transportation traded throughout the day within a small 25 points range. It closed for the day with a small spinning top doji candle on its 3 EMA.

For the week, it closed the week lower with an bearish inverted hammer candle. Weekly momentum remains upward. Weekly volumetric buying pressure is at 85.3%. The index is in a weekly Squeeze.

Dow Industrial formed a sine wave when it traded upward till mid-morning and selling off till midday. It recovered and traded upward to close with doji candle above all its moving averages. Daily momentum remains upward.

Weekly volumetric buying pressure is at 100%. Weekly momentum is upward. The index is in a monthly Squeeze.

Russell 2000 surged on market open till late morning before a sharp sell-off till midday. It recovered and traded upward in the afternoon session to close with a small doji candle above all its moving averages. Daily momentum remains upward.

On the weekly chart, it closed with a doji candle above all its moving averages. Weekly volumetric buying pressure is at 100%.

Nasdaq 100 grinded upward till mid-morning before retracing back down at midday. It traded upward till the end of the day and closed with a small bullish marubozu candle above all its moving averages.

The weekly chart shows a bullish candle and a very bullish trend. Weekly momentum remains upward. Volumetric buying pressure is at 100%. The index is in a monthly Squeeze.

S&P 500 surged upward till mid-morning and was then sold off. It recovered and traded upward till the end of the day and closed with a small doji candle above all its moving averages.

On the weekly chart, it closed with a small doji candle above all its moving averages. Weekly momentum remains upward. Weekly volumetric buying pressure is at 100%. The index is still in a daily and monthly Squeeze.

Metals and Commodities
Oil (/CL) futures closed at $44.69 per barrel. On the weekly chart, it closed with a bullish marubozu candle above its 8 EMA. Weekly momentum has a bullish bias.

Gold (/GC) futures traded indecisively for the week and closed at $1341.7 per ounce. On the weekly chart, it closed with a small doji candle above all its moving averages.

Silver (/SI) futures ended the week lower at 19.720 per ounce. On the weekly chart, it closed with a small doji candle on its 200 SMA.

Agriculture (DBA) ETF closed lower at 20.70 and is in a weekly downtrend. Commodities (DBC) ETF closed higher at 14.56 and is in a slow uptrend.

Bonds
High Yield bond ETF (HYG) traded higher and closed with a small bullish candle at 86.31 on its weekly chart. Bonds ETF (TLT) closed higher at 140.08 and is in a daily Squeeze. It is still in a bullish uptrend.

Currencies
The dollar index closed flat for the week at 95.675. It is in a weekly Squeeze.

EUR/USD closed slightly higher for the week at 1.11627. It has a bearish weekly bias.

USD/JPY continues its weekly downtrend and closed at 101.248.

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

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

Market Internals
Vix closed at 11.55. Vix futures is at 12.325. Skew is at 132.13. Market sentiment is rather bullish. Market breadth is sloping down. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
There is a weakening in the market breadth but volumetric accumulation/distribution remains strong. Vix and Vix futures remain rather low which tells us there is no fear in the market. The prognosis is that of a market with an upward bias.

Stock of the Day
ENDP is our pick of the day. Endo International is a global specialty healthcare company focused on branded and generic pharmaceutical and devices.

 

To YOUR wealth!

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