Bursa Malaysia – KLSE

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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)

19 September 2016 – New high in Nasdaq, market fizzles

The Nasdaq 100 made another new historic high at 4843.76 and the rest of the other indices are way behind in their enthusiasm. Stocks were volatile and opened higher but settled little changed. Investors wait on key central bank meetings this week. Both the FOMC and the Bank of Japan (BoJ) are meeting this week and the market is waiting on the outcome of their meetings. The market is not expecting the FED to announced an increase in interest rate.

WTI crude oil settled below $44 per barrel after breaching that level in earlier trading. Gold and Silver are still trending sideways.

The dollar index came down earlier during the day but recovered partially. Bond futures traded in rather narrow range.

Dow Transportation traded in a narrow range and closed with a small doji candle below its 8 EMA, 21 EMA and 50 SMA. Momentum remains downward. Volumetric buying pressure is at 46%. The index is in its monthly Squeeze.

Dow Industrial traded in the first hour of trading and then sold off steadily. It closed with a low closing spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Momentum remains downward. Short term volumetric buying pressure is at 44.6%. The index is in a monthly Squeeze.

Russell 2000 traded upward in the first hour of trading before levelling off till midday. It pulled back in the afternoon and closed with an inverted hammer candle on its 21 EMA and above its 50 SMA. Momentum is downward. Volumetric buying pressure is at 68.2%.

Nasdaq 100 made new high of 4843.76 in the first half hour of trading before selling off. It closed with a bearish candle above its 8 EMA and 21 EMA. Momentum is upward. Volumetric buying pressure is at 83.7%. The index is still in a monthly Squeeze.

S&P 500 traded hpward in the first half hour of trading and then was slowly sold down. It closed with a bearish low closing spinning top doji candle below its 8 EMA and 21 EMA. Momentum remains downward. Volumetric buying pressure is at 38%. The index is still in a monthly Squeeze.

Metals and Commodities
WTI Crude oil futures traded to a intraday high of $44.7 per barrel below pulling back. It is trading at $43.60 per barrel. Momentum is downward.

Gold futures is trading at $1318 per ounce. Momentum remains downward.

Silver futures is trading at $19.325 per ounce in an up-day. Momentum remains downward.

Agriculture (DBA) ETF closed at 20.44 above its 21 EMA but below its 50 SMA. Momentum remains downward.

Commodities (DBC) ETF closed at 14.43 below its 50 SMA, 21 EMA and 8 EMA. Momentum is downward.

Bonds
High Yield bond ETF (HYG) traded with a small range and closed at 85.96 on its 8 EMA but below its 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 closed at 95.810 with an bearish candle on its 50 SMA. Momentum is upward.

EUR/USD made slight gain and is trading above its 50 SMA but below its 8 EMA and 21 EMA. Momentum is neutral.

USD/JPY is trading sideways at 101.884. Its 8 EMA, 21 EMA and 50 SMA have converged. Momentum is sideways.

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

Market Internals
Vix closed at 15.53. Vix futures is at 15.50. Skew is at 125.81. Market sentiment is bullish. Market breadth continues to deteriorate. Volumetric accumulation/distribution is sloping downward showing distribution.

The Week Ahead
The Nasdaq 100 continues to lead the market up but the rest of the indices are lagging way behind. Market internals show selling pressure. The prognosis is to remain cautious ahead of the central bank outcome with the BoJ and the FOMC meeting.

Stock of the Day
The Stock of the Day is TROX. Tronox (TROX) Limited is engaged in the production and marketing of titanium bearing mineral sands and titanium dioxide (TiO2) pigment. The company also produces natural soda ash.

 

To YOUR wealth!

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