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)

2 September 2016 – Weekly upside bias


The indices ended the week on a positive note following a soft August Non-Farm payroll report in expectation that the Federal Reserve will hold off hiking interest rates in September. The NFP added 151K jobs while the employment rate held steady at 4.9%.

The dollar index closed positive for the week but is whip-sawing.

Crude close back above $44 per barrel. Gold and Silver closed positive for the week as well.

High yield bond closed positive for the week and carry on with its uptrend. Bond closed down for the week.

Dow Transportation traded upward in the first half hour and then had a slow pullback and closed with a small inverted hammer candle above all its moving averages. Daily momentum remains upward. Daily volumetric buying pressure is at 85.1%.

On the weekly chart, the index is in a weekly Squeeze and it closed with bearish candle on its 8 EMA.

Dow Industrial traded upward in the first half hour before pulling back below its open. It closed with a low closing spinning top doji candle above all its moving averages. Momentum is neutral. Short term volumetric buying pressure is at 96.4%. The index is in a monthly Squeeze.

On its weekly chart, the index closed with a spinning top doji candle above all its moving averages.

Russell 2000 surged upward in the first half hour after market open and range traded for the rest of the day. It had a final surge upward to close with a bullish marubozu candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 100%.

On its weekly chart, the index closed with a bullish candle above all its moving averages.

Nasdaq 100 traded upward in the first half hour before a big selldown till after midday. It managed to rebounce and closed with a spinning top doji candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 100%. The index is in a monthly Squeeze.

On its weekly chart, the index closed with a spinning top doji candle on its 3 EMA. It has been trading sideways for the last four weeks.

S&P 500 traded upward in the first half hour before selling down till after midday. It traded upward till the end of the day and closed with a spinning top doji candle above all its moving averages. Momentum has reversed upward. Volumetric buying pressure is at 100%. The index is still in a daily and monthly Squeeze.

On its weekly chart, the index closed with a bullish spinning top doji candle above all its moving averages.

Metals and Commodities
Gold futures closed at $1328.8 and formed a bullish weekly candle just below its 8 EMA. Momentum remains upward.

Silver futures closed at $19.520 and formed a bullish marubozu candle on its 50 SMA on its weekly chart. Weekly momentum is upward.

Crude oil closed at $44.20 per barrel with a bearish marubozu candle below its 21 EMA. Momentum remains upward.

Agriculture (DBA) ETF closed at 20.30 with a bearish weekly spinning top doji candle. Momentum is downward.

Commodities (DBC) ETF closed at 14.39 with a bearish candle below its 21 EMA. Momentum remains upward.

Bonds
High Yield bond ETF (HYG) closed at 86.90 with a small weekly bullish spinning top doji candle above all its moving averages. Momentum remains upward.

Bonds ETF (TLT) closed at 138.63 with a big bearish candle below its 8 EMA. It is in a daily Squeeze.

Currencies
The dollar index is at 95.875 with a bullish weekly spinning top doji candle above its 8 EMA. Momentum is neutral.

EUR/USD closed at 1.11530 with a weekly doji candle on its 21 EMA. Momentum is neutral.

USD/JPY closed at 104.004 with a bullish weekly candle above its 8 EMA. Momentum remains downward.

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

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

Market Internals
Vix closed at 11.98. Vix futures is at 13.925. Skew is at 128.40. Market sentiment remains bullish. Market breadth is flattening. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
Market internals is showing strength and the US economy remains strong. The prognosis is that the market has a bullish bias.

Stock of the Day
SHOP is our pick of the day. It is a company that essentially helps retailers (budding or giant) set up online stores, and integrates those stores with a website, payment solutions, fulfillment solutions, and marketing connections that integrate social media.

 

To YOUR wealth!

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>