Equity Indexes
INDU- 9939.61 123.12 (+1.25%)
NASDAQ- 2170.57 -3.33 (-0.15%)
SPX- 1062.00 11.53 (+1.10%)
Commodities
WTI Crude Oil- $72.43 0.44 (+0.61%)
Brent Crude Oil- $72.30 0.180 (+0.25%)
Natural Gas- $4.790 -0.018 (-0.37%)
Gold Spot- $1237.200 -8.400 (-0.67%)
Silver Spot- $18.270 -0.207 (-1.12%)
Bonds
10 Year UST- Price:102.63 (-0.03) Yield: 3.19% (+0.05)
10 Year Gilt- Price:110.51 (+0.21) Yield: 3.46% (-0.02)
10 Year Bund- Price:104.28 (+0.46) Yield: 2.51% (-0.05)
10 Year Oats- Price: 103.63 (-0.14) Yield: 3.06% (+0.02)
10 Year JGB- Price:100.63 (+0.01) Yield: 1.24% (-0.00)
Foreign Exchange
EUR/USD = 1.1963
GBP/USD = 1.4448
USD/JPY = 91.4250
USD/CAD= 1.0509
EUR/JPY = 108.9350
Equity Index Futures
Nikkei 225- 9,460.00 -70.00
Hang Sang- 19,498.00 +163.00
SPI 200 - 4,401.00 +7.00
Thoughts
Today I made my entry into the SPX via June 17 calls. My position closed the day with a 3% pop. I'm going to ride this one for the rest of the week. My Nat Gas position came back a bit today due to cooler weather forecasts. Also, I got short crude via USO. My position there is underwater but I have confidence in the fundamentals.
U.S. equity markets rallied hard right before the close after trading marginally lower for the majority of the session. Short covering? Algorithms running wild? EIther way I'm still a SPX bull for the next few weeks.
The Purple People Eaters will beat the Vitamin C's in tonight's showdown in Boston. I expect big things from Mr. Gasol, Odom, & The Black Mamba.
Related ETF's: United States Oil Fund LP (USO:US), United States Natural Gas Fund LP (UNG:US), United States 12 Month Natural Gas Fund LP (UNL:US)
Patrick M. Ambrus
Managing Partner
Analyze Capital LLC
AnalyzeCapital@gmail.com
watch for big pops, as you are close to that first failed 200 SMA resistance.
ReplyDeleteThe Purple People Eaters will beat the Vitamin C's in tonight's showdown in Boston. I expect big things from Mr. Gasol, Odom, & The Black Mamba.
ReplyDeleteand they did!!! lol