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)

20 September 2016 – Waiting for the FED

The market traded cautiously ahead of the FOMC meeting and also the Bank of Japan pronouncement due on Wednesday. The indices started with moves to the upside but that was sold into and by the end of the day, the major indices were showing losses for the day. We can expect volatility to shoot upwards and there could be bigger movements in the equities, bonds and currencies markets.

WTI crude traded higher for the day to above $44 per barrel. The dollar index made small gains and bonds range traded for the day.

Dow Transportation moved upward in the first half hour after market open but the move was sold into. It traded downward for the rest of the day and closed with an inverted hammer candle below its 8 EMA and 21 EMA. Momentum remains downward. Volumetric buying pressure is at 24.2%. The index is in its monthly Squeeze.

Dow Industrial traded upwards on market open but was sold into. It range traded for the rest of the day and closed with an inverted hammer candle below its 8 EMA and 21 EMA. Momentum remains downward. Short term volumetric buying pressure is at 14.3%. The index is in a monthly Squeeze.

Russell 2000 traded upward in the first half hour but was sold into. It range traded and for the rest of the day and closed with an inverted hammer candle. The 8 EMA, 21 EMA and 50 SMA are converging. Momentum is downward. Volumetric buying pressure is at 43.9%.

Nasdaq 100 traded upward in the first half hour and was sold into. It rallied in the afternoon and sold off in the last hour to close with a spinning top doji candle. Momentum is upward. Volumetric buying pressure is at 74.1%. The index is still in a daily and monthly Squeezes.

S&P 500 traded upward in the first half hour and sellers came in. It range traded for the rest of the day and closed with an inverted hammer candle below its 8 EMA and 21 EMA. Momentum remains downward. Volumetric buying pressure is at 10.6%. The index is still in a monthly Squeeze.

Metals and Commodities
WTI Crude oil futures traded upward and is trading at $44.81 per barrel. It has a formed a wedge formation. Momentum is sideways.

Gold futures is trading at $1317.8 per ounce and trading within a range. Momentum remains downward.

Silver futures is trading at $19.250 per ounce in a sideway market.

Agriculture (DBA) ETF closed up at 20.62 above its 21 EMA but below its 50 SMA. Momentum has reversed upward.

Commodities (DBC) ETF closed at 14.48 below its 50 SMA, 21 EMA and 8 EMA. Momentum is downward.

Bonds
High Yield bond ETF (HYG) traded downward and closed with a bearish hammer candle at 85.86 below its 8 EMA, 21 EMA and 50 SMA. Momentum is downward.

Bonds ETF (TLT) traded within a small range and closed at 134.31 below its 8 EMA, 21 EMA and 50 SMA.
Bond futures (/ZB) closed at 165 17/32 with a doji candle. It found support at its 200 SMA. Momentum remains downward.

Currencies
The dollar index is at 95.935 and in a daily Squeeze. Momentum is upward.

EUR/USD is trading at 1.1153 and in a daily Squeeze. Momentum is downward.

USD/JPY is trading at 101.660. Momentum is downward.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLU and XLV respectively.

On a monthly lookback, the relative strength order of the ETFs that are under-performing the S&P 500 are XLF, XLE, XLB, XLP, XLY, XLI and XLV respectively.

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

On a 3-month lookback, the relative strength order of the ETFs that are under-performing the S&P 500 are XLF, XLE, XLU, XLB, XLP, XLV, XLY and XLI.

Market Internals
Vix closed at 15.92. Vix futures is at 17.35. Skew is at 126.85. Market sentiment remains slightly bullish. Market breadth continues to deteriorate. Volumetric accumulation/distribution is sloping downward showing distribution.

The Week Ahead
Market participants have turned cautious ahead of the FOMC meeting. The expectation is still for a no rate increase in September but the FED could spring a surprise. The prognosis is to remain cautious and retain a significant proportion of one’s portfolio in cash.

Stock of the Day
The Stock of the Day is HSBC. HSBC is the banking and financial services company and in the Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M) and Global Private Banking (GPB).

 

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>