The USA June put/calls ,have you got a date when they settle?I...

First 5 Last

Share
Profile

Follow
lost com

2,587 Posts.

53

13/06/20

16:03

Post #: 45203846
Share

Originally posted by redbacka: ↑

Sat. a.m. 13/6/20. Wall Street recovers.
Yesterday in Australia:

ASX200 down heavily for the second day in a row, -1.89%, but some buying did come into the market as it was down about -3% in early morning trade.

XJO is now down to the 20-Day MA. We could get a pause here or a move back up.

Overnight:
Dow Jones +1.9%. SP500 +1.31%. Nasdaq +1.01%. Small Caps +2.55%. Banks +3.97%.

SP500:

SP500 rebounded strongly after falling below the 200-Day MA early in trading last night. That's a promising sign but it needs follow-through buying on Monday to consolidate the rebound.

I've been using a multi-Supertrend indicator on the charts in recent times. Like most indicators it tends to lag market action but provides reasonably good buy and sell signals and can give an indication of sideways trends. Thursday fall produced a clear sell signal. That's a worry. A break back below the 200-Day MA would suggest further falls.
Commodities:
I can't access thumb-nail charts for Commodities, but here are the results:
Commodities Index +0.42%. Base Metals +1.44%. Energy +1.02%. Gold +0.14%.

With the Banks in America and Commodities looking positive - that augurs well for Australia on Monday.

Put/Call Ratio:

The Put/Call Ratio got down to an extremely low level on June 8. That's the reason we've had such a big fall in the markets. Pundits blathered on about a rise in covid-19 cases in the U.S. and concerns about the Fed's comments on the economy. Maybe. But, basically, on 8 June everybody who was anybody was long this market. Even blind freddie could see it. There was no-one left to buy. So the bears stepped in and made a killing. Bears - Mission Accomplished.

Expand

The USA June put/calls ,have you got a date when they settle?

I figure it is on the 25 June, 2 weeks from now.

Is open interest a lot higher than normal?

XJO Value at posting: 5,847.8
Upvote

Reply

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

AII

Inside the depths of Panasqueira: A legacy carved in rock

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 8,589.3		Change -13.700(0.16%)		Mkt cap ! n/a

Open	High	Low
8,603.0	8,617.0	8,572.1

The USA June put/calls ,have you got a date when they settle?I...

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Inside the depths of Panasqueira: A legacy carved in rock

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

Featured News

Featured News

The USA June put/calls ,have you got a date when they settle?I...

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Inside the depths of Panasqueira: A legacy carved in rock

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

Featured News

Featured News