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)

28 December 2016 – End of the year selling

The end of the year is just a couple of days away and tax loss selling could be the reason for the market to pull back from its recent high. If this selling persist, it could be develop into something bigger.

WTI oil futures pulled back slightly and is trading above $53 per barrel. Gold has a buy signal but this could be a short-term surge. It is trading around 1149 per ounce. The US Dollar index continued sideways. US treasury bond made slight gain. Vix made gains and it closed above 12 since its recent dip.

Dow Transportation sold off on market open and closed with a bearish marubozu candle below its 21 EMA. It broke the downfractal support at 9138.86 and closed at 9088.48. Daily trading range was 152.479. Momentum remains upward. Volumetric buying pressure is at 0%.

Dow Industrial sold off on market open and closed below its 8 EMA at 19833.68. It broke fractal support at 19882.19. Daily trading range was 19833.68. Momentum remains upward. Short term volumetric buying pressure is at 62.5%.

Russell 2000 sold off on market open and closed with a bearish marubozu candle on its downfractal support at 1360.25 on its 21 EMA. Daily trading range was at 20.044. Momentum is upward. Volumetric buying pressure is at 14.6%.

Nasdaq 100 sold off on market open and closed with a bearish marubozu candle below its 8 EMA at 4926.2859. It has not broken its downfractal support which is at 4917.33. Momentum is upward. Volumetric buying pressure is at 71%. Daily trading range was at 56.344. The index is in a weekly and monthly Squeeze.

S&P 500 sold off on market open and closed with a bearish marubozu candle above its 21 EMA. It broken fractal support at 2256.08. Daily trading range was 22.199. Momentum is upward. Volumetric buying pressure is at 82.5%.

Metals and Commodities
WTI Crude oil futures pulled back slightly and closed at $53.66 per barrel above its moving averages. It is trading at $53.83 per barrel.

Gold futures traded upward but has yet to break fractal resistance at 1151.7. It is trading at 1149.0 per ounce.

Silver futures made gains and is trading at $16.180 per ounce above its 8 EMA.

Agriculture (DBA) ETF could not break above its 8 EMA. It closed with a bullish candle on its 8 EMA.

Commodities (DBC) ETF closed with a small doji candle above its moving averages at 15.79.

Bonds
Bond futures (ZB) closed higher on its 21 EMA at 149’26. It is in a Squeeze.

High Yield bond ETF (HYG) pulled back slightly below its 8 EMA with a small bearish candle at 86.40.

Bonds ETF (TLT) closed higher above its 8 EMA at 118.53.

Currencies
The dollar index traded slightly higher and is above its moving averages at 103.075.

EUR/USD traded slightly downward and closed with a spinning top doji candle. It is trading at 1.04368.

USD/JPY traded sideways and it is on its 8 EMA at 116.781.

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 XLV respectively.

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

Market Internals
Vix closed higher at 12.95. Vix futures is at 14.60. Skew is at 122.37. Market sentiment is bullish. Market breadth has flattened. Volumetric accumulation/distribution has flattened.

The Week Ahead
The indices pulled back from its recent high and it could be due to year end tax loss selling. Vix has gone up slightly in anticipation of the pull back. The prognosis is for a pullback over the next couple of days due to year-end tax loss selling.

Stock of the Day
The Stock of the Day is AGN. Allergan plc is a specialty company. The Company is engaged in the development, manufacturing, marketing and distribution of pharmaceutical products, medical aesthetics, biosimilar and over-the-counter (OTC) pharmaceutical products.

 

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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