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)

7 December 2016 – Ever higher!

The indices continued to surge to new all-time highs since the election. Dow Industrials, S&P 500 and Russell 2000 continued their surge upward and the Dow Transportation hit year high. It is a pumped up market with great expectations of the new Trump administration. The expectation of new infrastructure, looser regulations, corporate tax cuts that would benefit companies profits. Healthcare became a victim of the new administration when Trump promised to lower drug prices.

Vix is below 12 signalling no fear in the market. The path of least resistance remain to the upside.

Dow Transportation traded sideways in the first half hour before surging upward till the end of the day and hit a year high of 9383.65. It closed with a bullish marubozu candle above all its moving averages. Momentum remains upward. Volumetric buying pressure is at 100%. The index is in a monthly Squeeze.

Dow Industrial surged upward on market open and continued surging upward till the end of the day. It hit an all time high of 19558.42 and closed with a big bullish marubozu candle. Momentum remains upward. Short term volumetric buying pressure is at 100%. The index is still in a monthly Squeeze.

Russell 2000 probed for the bottom in the first half hour before reversing and surging upward. It hit an all time high of 1366.61 and closed with a bullish candle. Momentum is upward. Volumetric buying pressure is at 100%.

Nasdaq 100 traded sideways in the first half hour and then surged upward till the end of the day. It closed with a big bullish candle above its 50 SMA. Momentum has reversed upward. Volumetric buying pressure is at 100%. The index is in a weekly and monthly Squeeze.

S&P 500 traded sideways in the first half hour before surging upward till the end of the day. It hit an all time high of 2241.63 and closed with a big bullish candle above all its moving averages. Momentum is upward. Volumetric buying pressure is at 100%. The index is in a monthly Squeeze.

Metals and Commodities
WTI Crude oil futures traded pulled back further and is trading at $49.90 per barrel.

Gold futures traded sideways and is trading at $1177.9 per ounce. Momentum remains downward.

Silver futures made gains and shows signs of an uptrend. It is trading at $17.220 per ounce.

Agriculture (DBA) ETF gained for the day and closed at 19.96 above its 8 EMA.

Commodities (DBC) ETF pulled back and is trading above its 8 EMA and closed at 15.49.

Bonds
Bond futures (ZB) traded sideways and is trading at 151’04. Momentum remains downward.

High Yield bond ETF (HYG) traded upward and closed above its 50 SMA at 86.46.

Bonds ETF (TLT) made slight gain and closed on its 8 EMA at 120.40. Momentum is downward.

Currencies
The dollar index is sideways and is at 100.145.

EUR/USD made slight gain and is trading at 1.07683 above its 21 EMA.

USD/JPY traded sideways and is trading at 113.611 on its 8 EMA.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLF, XLI, XLE, XLY and XLB respectively.

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

Market Internals
Vix closed at 12.22. Vix futures is at 13.33. Skew is at 123.61. Market sentiment is overly bullish. Market breadth is sloping upward. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
The market internals continue to show strength. The economy is doing well and market sentiment is overly bullish. The prognosis is for the market to pause before carrying on higher.

Stock of the Day
The Stock of the Day is MITK. Mitek Systems, Inc. develops, markets and sells mobile capture and identity verification software solutions for enterprise customers.

 

To YOUR wealth!

Would you like to learn to trade stocks, options or futures? Drop us an email at jefftohch@gmail.com or call +6010 4343 948.


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