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 August 2016 – A sideway market?

The major indices were trading within a small range bound market with the exception of the Dow Transportation. Money rotated into the Transportation sector and it had a big positive day. The market does not know what to do since the FED news that there might be a rate rise in September.

Oil continues to soar and is above $48 per barrel. Gold and Silver continues to trade sideways. Bond is trading sideways as well and is in a Squeeze. The dollar index continues to trend downwards.

Dow Transportation traded upward on market open and continued till steadily upward till the end of the day. It closed with a bullish marubozu candle above all its moving averages. Daily momentum is upward. Daily volumetric buying pressure is at 100.0%. The index is in a weekly Squeeze.

Dow Industrial traded upward on market open till mid-morning and then sold off till midday. It recovered and traded upward till the end of the day and closed with a small bullish hammer candle above all its moving averages. Momentum remains upward. Short term volumetric buying pressure is at 98.3%. The index is in a monthly Squeeze.

Russell 2000 surged upward on market open and pulled back at mid-morning. It rallied upward till the end of the day and closed with a bullish marubozu candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 99.3%.

Nasdaq 100 traded upward till mid-morning and pulled back to its open before rallying upward. It closed with a small bullish candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 99.6%. The index is in a monthly Squeeze.

S&P 500 traded upward till mid-morning and then pulled back to its open. It found support and then rallied upward till the end of the day and closed with a bullish marubozu candle. Momentum remains upward. Volumetric buying pressure is at 99.4%. 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 $48.78 per barrel above its 50 SMA. Gold (/GC) futures has been trading sideways at 1350.3 per ounce. Silver (/SI) futures is trading at 19.455 per ounce. It is in a Squeeze.

Agriculture (DBA) ETF closed at 20.94 and momentum has shifted upward. Commodities (DBC) ETF continues its upward momentum and closed higher at 15.17.

Bonds
High Yield bond ETF (HYG) continued its uptrend and closed at 86.85.

Bonds ETF (TLT) closed at 139.44 and is trading sideways. It is in a daily Squeeze.

Currencies
The dollar index continued its downward momentum and is at 94.395. EUR/USD is in an upward momentum and is trading at 1.13250. USD/JPY is in a downward momentum and is trading at 100.199.

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

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

Market Internals
Vix closed at 11.96. Vix futures is at 14.85. Skew is at 134.87. Market sentiment remains bullish. Market breadth is sloping downward. Volumetric accumulation/distribution has flattened.

The Week Ahead
The Vix and Vix futures are telling us that there is no fear in the market. Market internal is weakening slightly. The prognosis is that caution is required for now.

Stock of the Day
EXEL is our pick of the day. Exelixis is a pharceutical company and is engaged in developing small molecule therapies for the treatment of cancer. It has attracted steady buying.

 

To YOUR wealth!

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