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)

13 December 2016 – Dow to touch 20,000

Dow Industrial is just a few points of reaching the 20,000 mark. The Nasdaq 100 and S&P 500 touched all-time high. This is a very exuberant market. The energy sector has taken over the finance sector as the leading sector. There is no catalyst for the market going up but it just want to go up. The money on the sideline is pouring into the equity market as bond sells off.

The Nasdaq 100 had an outperformance day as it has been lagging the other indices. Oil and Gold were largely sideways. Treasury bond made slight gains.

Dow Transportation probed for its high in the first half hour before selling down by late morning to reach its low of the day. It recovered and closed with a doji candle above all its moving average at 9345.85. Momentum remains upward. Volumetric buying pressure is at 71.9%. The index is in a monthly Squeeze.

Dow Industrial range traded till late morning before breaking out to touch all-time high of 19953.75. It pulled back to close with a small inverted hammer candle above all its moving average at 19911.21. Momentum remains upward. Short term volumetric buying pressure is at 100%. The index is still in a monthly Squeeze.

Russell 2000 shot up on market open but was immediately sold down. It probed for the bottom of the day by mid-morning before rallying upward and closed with a doji candle at 1373.5341 above its moving averages. Momentum is upward. Volumetric buying pressure is at 71.8%.

Nasdaq 100 surged upward on market open till after midday before pulling back slightly. It made new high at 4960.48 and closed with a big bullish marubozu candle above all its moving averages. Momentum has reversed upward. Volumetric buying pressure is at 100%. The index is in a weekly and monthly Squeeze.

S&P 500 traded upward in the first half hour before pulling back. It surged upward and touched all time high of 2277.53 before closing with a big bullish marubozu candle above 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 sideways and closed with a small doji candle. It is trading at $52.29 per barrel.

Gold futures continue to trade downwards and is trading at $1162.4 per ounce.

Silver futures traded sideways and is trading at $17.010 per ounce. It is in a Squeeze.

Agriculture (DBA) ETF traded sidewards and closed with a small doji candle at 20.12 above its 21 EMA.

Commodities (DBC) ETF traded sideways and closed with a small bearish candle above its moving averages.

Bonds
Bond futures (ZB) traded sideways and continued on its downtrend. It closed at 149’13.

High Yield bond ETF (HYG) traded sideways and closed at 86.58 above all its moving averages.

Bonds ETF (TLT) made slight gain and closed at 118.14. Momentum is downward.

Currencies
The dollar index pulled back and is trading at 100.910 above its 21 EMA. It is in a Squeeze.

EUR/USD closed with a small doji candle and is trading at 1.06379 on its 8 EMA and below its 21 EMA. It is in a Squeeze.

USD/JPY traded sideways and is trading at 115.191 above its moving averages.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLE, XLF, XLU, XLK, XLB and XLY 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 12.72. Vix futures is at 13.30. Skew is at 119.34. Market sentiment is bullish. Market breadth is sloping upward. Volumetric accumulation/distribution is sloping upward.

The Week Ahead
The indices continue to make new all-time highs. The market internals continue to show strength. Market sentiment is extremely bullish. The prognosis is for the market to trade upward but there is a high possibility of a pause and small pullback on profit taking.

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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