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)

23 August 2016 – Breakout to new highs

The Nasdaq and S&P 500 broke out to new all time high while the Russell 2000 made new 2016 high and the bears were selling into the new highs. The market was boosted by housing data showing New Home Sales came in at best levels in 8 years.

Oil was volatile but is still trading at about 47.66 per barrel. Gold is still sideways while Silver broke support.

Bond has been range trading for a the last 7 weeks.

The dollar index is sideways in a bearish trend.

Dow Transportation traded upward in the first half hour before selling off and closed with a low closing doji above all its moving averages. Daily momentum remains upward. Daily volumetric buying pressure is at 80.5%. The index is in a weekly Squeeze.

Dow Industrial had a small gap up on market open and traded downward for the rest of the day. It closed with a low closing doji candle on its 8 EMA. Momentum remains upward. Short term volumetric buying pressure is at 86%. The index is in a monthly Squeeze.

Russell 2000 had a small gap up on market open and traded upward in the first hour after market open. It then range traded for the rest of the day and made new 2016 high of 1251.33 before closing with a bullish marubozu candle. Momentum remains upward. Volumetric buying pressure is at 100%.

Nasdaq 100 gapped up on market open and traded upward and made new all time high of 4836.45 in the first half hour before selling off. It traded downward for the rest of the day and closed with a small bearish marubozu candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 97.1%. The index is in a monthly Squeeze.

S&P 500 gapped up on market open and traded upward and made a new all-time high of 2193.42. It then traded down for the rest of the day and closed with a small low closing doji candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 100%. The index is still in a daily and monthly Squeeze.

Metals and Commodities
Oil (/CL) futures swung wildly and ended up with a long doji candle and is trading at $47.63 per barrel. Gold (/GC) futures is trading sideways at about 1342.70 per ounce. Silver (/SI) futures broke support and is trading at 18.945 per ounce. It is now in a downtrend.

Agriculture (DBA) ETF closed at 20.99 and momentum has shifted upward. Commodities (DBC) ETF formed a bullish engulfing candle and closed at 15.04.

Bonds
High Yield bond ETF (HYG) pulled back and closed at 86.74.

Bonds ETF (TLT) closed higher at 140.03. It is in a daily Squeeze.

Currencies
The dollar index continued its downward trend and is at 94.585. EUR/USD pulled back is trading at 1.13022. USD/JPY is in a downward trend and is trading at 100.425.

Relative Strength – Sectors
On a monthly lookback, the ETFs outperforming the S&P 500 are XLE, XLK, XLI, XLF, XLB, 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 higher at 12.38. Vix futures is at 14.70. Skew is at 131.79. Market sentiment is slightly bullish. Market breadth continues to deteriorate and is sloping downward. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
The Vix remains low below 13. Market breadth continues to deteriorate but volumetric accumulation continues gain. The prognosis remains the same and caution is needed in the curent market.

Stock of the Day
TROX is our pick of the day. Trox is engaged in the production and marketing of titanium bering mineral sands and titanium dioxide pigment.

 

To YOUR wealth!

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