Bursa Malaysia – KLSE

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)

29 September 2016 – Deutsche Bank sinks market

Deutsche Bank shares tanked 6.7% amid concerns that DB may be unable to settle its potential US14 Billion fine from the US Depart of Justice. The market was settling in for a normal day of trading till midday when the DB issue took centre stage. A news report said some hedge funds that clear derivatives through the Frankfurt-based firm had withdrawn some excess cash and positions. While the vast majority of the bank’s more than 200 derivatives-clearing clients have made no changes, around 10 hedge funds moved a portion of their listed derivatives holdings to other firms this week as reported by Bloomberg. Following that, the indices sold off and volatility spiked.

Oil futures managed a small gain following Wednesday big surge on news of production cuts agreement amongst OPEC countries.

Bonds made small gains for the day.

The dollar index was slightly up for the day and is still range trading.

Dow Transportation traded up till midday before a general market sell-off. It closed with a low closing spinning top doji candle above its moving averages. Momentum remains upward. Volumetric buying pressure is at 33.9%. The index is in a daily, weekly and monthly Squeeze.

Dow Industrial range traded in the morning before a general selloff started at midday. It closed with a bearish candle below its moving averages. Momentum is downward. Short term volumetric buying pressure is at 75.6%. The index is in a monthly Squeeze.

Russell 2000 traded slightly downward till midday before the Deutsche Bank news triggered a general selloff. It closed with a bearish marubozu candle below its 21 EMA but above its 50 SMA. Momentum remains upward. Volumetric buying pressure is at 52.8%.

Nasdaq 100 traded slightly downward till midday before it came under selling pressure. It closed with a bearish rolling pin candle above its 21 EMA. Momentum remains upward. Volumetric buying pressure is at 97.2%. The index is in a monthly Squeeze.

S&P 500 range traded till midday before coming under selling pressure. It closed with a bearish rolling pin candle below its 21 EMA and 50 SMA. Momentum has turned downward. Volumetric buying pressure is at 60.3%. The index is still in a monthly Squeeze.

Metals and Commodities
WTI Crude oil futures had another positive day and is trading at $47.66 per barrel above its moving averages and in a Squeeze.

Gold futures is trading at $1327.8 per ounce. Momentum is sideways.

Silver futures is trading at $19.185 per ounce. Momentum remains downward.

Agriculture (DBA) ETF gapped down and closed at 20.15 with a bearish candle and below its 21 EMA. Momentum is downward.

Commodities (DBC) ETF gapped up and closed with a bullish spinning top candle at 14.96.

Bonds
High Yield bond ETF (HYG) closed with a bearish harami candle above its moving averages at 86.88. Momentum remains upward.

Bonds ETF (TLT) gapped down but surged upward to close with a bullish candle above its moving averages. It is trading at 138.75 above its 50 SMA. Momentum is upward.

Currencies
The dollar index is at 95.475 and is in a daily Squeeze. Momentum is neutral.

EUR/USD is trading at 1.1214 and on its 21 EMA. It is in a daily Squeeze. Momentum is sideways.

USD/JPY is trading at 101.090 and closed with an inverted hammer candle below its 21 EMA. Momentum remains downward.

On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLE, XLK, XLI, XLU, XLB and XLY respectively.

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

Market Internals
Vix closed at 14.02. Vix futures is at 16.35. Skew is at 122.67. Market sentiment has turned neutral. Market breadth has flattened. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
Volatility continues and traders are being whipsawed around. With the US election being about six weeks away, the market is now rather news driven. The prognosis is for more volatility and whipsaw action.

Stock of the Day
The Stock of the Day is TROX. Tronox is engaged in the production and marketing of titanium bearing mineral sands and titanium dioxide pigment.

 

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>