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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)

17 August 2016 – FED uncertainties, market recovers

The major indices recovered from early sell-off after the FED minutes were released. Oil ended above $47 per barrel, the dollar index was lower and bond spiked upward. Gold and Silver are still in a sideway momentum and show no sign of breaking out of its trading ranges.

The FED is still undecided on rate hikes and that sent the market upward.

Dow Transportation was sold down till late morning before recovering. It rallied upward till the end of the day and closed with a bullish marubozu candle. Daily momentum is upward. Daily volumetric buying pressure is at 70.3%. The index is in a weekly Squeeze.

Dow Industrial traded down till late morning before surging upward till the end of the day. It closed with a bullish hammer candle above its 8 EMA. Momentum remains upward. Short term volumetric buying pressure is at 99.9%. The index is in a monthly Squeeze.

Russell 2000 traded downward on till late morning before reversing upward. It grinded upward with spurts of selling and closed with a hammer candle just below its 8 EMA. Momentum remains upward. Volumetric buying pressure is at 86.1%.

Nasdaq 100 traded downward till late morning before rallying upward. It surged upward and closed with a bullish hammer candle above its 8 EMA. Momentum remains upward. Volumetric buying pressure is at 100%. The index is in a monthly Squeeze.

S&P 500 traded downward till late morning before reversing and surging upward. It closed with a bullish hammer candle above its 8 EMA. Momentum remains upward. Volumetric buying pressure is at 99.9%. The index is still in a daily and monthly Squeeze.

Metals and Commodities
Oil (/CL) futures continue to soar higher and is now trading at $47.63 per barrel above its 50 SMA. Gold (/GC) futures has been trading sideways at 1353.9 per ounce. Silver (/SI) futures is trading at 19.690 per ounce. It is in a Squeeze.

Agriculture (DBA) ETF closed at 20.80 and momentum remains downward. Commodities (DBC) ETF continues its upward momentum and closed higher at 14.98 above its 50 SMA. Momentum is upward.

Bonds
High Yield bond ETF (HYG) closed higher at 86.51 and continue its uptrend.

Bonds ETF (TLT) closed higher at 139.22. It is in a daily Squeeze.

Currencies
The dollar index continues its downward momentum and is at 94.695. EUR/USD is in an upward momentum and is trading at 1.12865. USD/JPY is in a downward momentum and is trading at 100.262.

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

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

Market Internals
Vix closed at 12.19. Vix futures is at 14.85. Skew is at 136.71. Market sentiment remains bullish. Market breadth has flattened. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
The Vix and Vix futures are back down again and market internals remains strong. The prognosis is for the market to continue its uptrend.

Stock of the Day
BABA is our pick of the day. AliBaba is engaged in online and mobile commerce in China and has formed an inverted head and shoulder pattern.

 

To YOUR wealth!

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