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)

20 December 2016 – It is near….ly there. Dow at 20,000!

The eyes of investors are on the Dow Industrial as it is just nearly there and ready to touch 20,000. It reached a all-time high of 19987 and suggest that we should see it touch by this week.

The dollar index continued on its march to greater heights and touched 103.625 which is a 13 year high. WTI oil futures made slight gain for the day and kept its uptrend trajectory. Gold futures dropped slightly as the dollar index made gains. Bond futures traded sideways within a tiny range.

There was no change of policy from the Bank of Japan.

On the oil front, Libya is expected to boost its oil production with the reopening of the Sharara, El Feel oil fields.

Dow Transportation rallied upward till midmorning and then range traded till the end of the day. It closed at 9309.67 with a small bullish candle above its 8 EMA. Momentum remains upward. Volumetric buying pressure is at 32.1%.

Dow Industrial shot upward on market open and probed for its high of the day. It range traded throughout the day and closed at 19974.62 with a small bullish candle above its moving averages. Momentum remains upward. Short term volumetric buying pressure is at 93.2%.

Russell 2000 surged upward on market open and hit an intraday high by mid-morning. It proceeded to range trade for the rest of the day and closed at 1383.9557 above its moving averages. Momentum is upward. Volumetric buying pressure is at 43.4%.

Nasdaq 100 probed for its high of the day within the first half hour and then range traded throughout the day. It closed at 4953.8028 with a small bullish candle above its moving averages. Momentum is upward. Volumetric buying pressure is at 87%. The index is in a weekly and monthly Squeeze.

S&P 500 probed for its high of the day in the first half hour and range traded throughout the day. It closed at 2270.76 with a small doji candle above its moving averages. Momentum is upward. Volumetric buying pressure is at 99.6%. The index has exited its monthly Squeeze.

Metals and Commodities
WTI Crude oil futures traded slightly upward and continued on its uptrend. It is trading at $53.56 per barrel.

Gold futures was down slightly for the day. The downtrend continues. It is trading at $1136.9 per ounce.

Silver futures sold off but recovered its losses and had a daily close with a hammer candle. It is trading at $16.120 per ounce.

Agriculture (DBA) ETF gapped down and was volatile. It closed with a bearish candle at 20.01.

Commodities (DBC) ETF was volatile and closed with a doji candle at 15.62.

Bonds
Bond futures (ZB) traded sideways and closed with a doji candle at 148’12.

High Yield bond ETF (HYG) traded slightly upward and closed above its 21 EMA and 50 SMA.

Bonds ETF (TLT) traded sideways and closed at 117.81 on its 8 EMA. Momentum is downward.

Currencies
The dollar index reached new 13 year high at 103.625 above all its moving averages.

EUR/USD traded slightly downward and closed with a small doji candle. It is trading at 1.04243.

USD/JPY continued its uptrend and closed with a small bullish candle. It is trading at 117.359 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, XLK, XLU, XLP 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 11.35. Vix futures is at 14.42. Skew is at 122.09. Market sentiment is bullish. Market breadth is sloping upward. Volumetric accumulation/distribution is sloping slightly upward.

The Week Ahead
Market internals continue to show strength and we are in a traditionally bullish time of the year. The prognosis is for the market to continue trending upward and Dow to hit 20,000.

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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