IB Traders Insight


NEW - IB Traders' Insight Daily Commentary Videos View Videos

1 2 3 4 5 2 1508


Options

Volatility 411


CBOETV - Mike Palmer, Group One Trading,  discusses VIX settlement and French election volatility.

Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies are available from your broker, or at www.theocc.com. The information in this program is provided solely for general education and information purposes. No statement within the program should be construed as a recommendation to buy or sell a security or to provide investment advice. The opinions expressed in this program are solely the opinions of the participants, and do not necessarily reflect the opinions of CBOE or any of its subsidiaries or affiliates. You agree that under no circumstances will CBOE or its affiliates, or their respective directors, officers, trading permit holders, employees, and agents, be liable for any loss or damage caused by your reliance on information obtained from the program.

Copyright © 2016 Chicago Board Options Exchange, Incorporated.   All rights reserved.

This video is from CBOE and is being posted with CBOE’s permission. The views expressed in this article are solely those of the author and/or CBOE and IB is not endorsing or recommending any investment or trading discussed in the article. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


12716




Technical Analysis

Cocoa (CC) Weekly MACD Positively Crossing


Cocoa (CC) consolidated for a 2nd day yesterday, but towards the end of its session appeared to be readying to resume its rally higher.  CC has broken above would what be downchannel resistance (on the weekly chart) if a line parallel to downtrend support is drawn down from last August's peak.  Weekly, daily and 4hr RSI, Stochastics and MACD are rallying or bottomish.  I am flat and will look to enter long intraday (in the green zone of the daily chart), with an upside target in the red zone by Friday.

 

Cocoa (ICE CC May17) Weekly/Daily/4hr/Hourly

 

Click here for today's technical analysis on GBPAUD, S&P500

 

Tradable Patterns was launched to demonstrate that the patterns recurring in liquid futures and spot FX markets can be traded consistently profitably. Tradable Patterns’ daily newsletter provides technical analysis on a subset of three CME/ICE/Eurex futures (commodities, equity indices, and interest rates), spot FX and US equity markets, which it considers worth monitoring for the day/week for trend reversal or continuation. For less experienced traders, tutorials and workshops are offered online and throughout Southeast Asia.

 

This article is from Tradable Patterns and is being posted with Tradable Patterns’ permission. The views expressed in this article are solely those of the author and/or Tradable Patterns and IB is not endorsing or recommending any investment or trading discussed in the article. This material is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

 

 

 


12703




Futures

Market Movers: 3/22 U.S. Economic Outlook


Watch today's Market Mover with Jim and Scott as they discuss using E-mini S&P 500 options and the outlook for the U.S. economy in 2017 based on recent data.

Never miss out on daily futures and options trading opportunities - Click here to Subscribe to In FOCUS Newsletter for Active Traders.

This video is from CME Group and is being posted with CME Group’s permission. The views expressed in this video are solely those of the author and/or CME Group and IB is not endorsing or recommending any investment or trading discussed in the video. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


12715




Technical Analysis

Global Focus ... Europe & E.M. Asia Remain Firm


As U.S. stocks continue to consolidate, we remain impressed by the leadership many global markets are exhibiting.  With Spain and Italy leading the pack, a majority of the European bourses are outperforming the S&P in both local and $ terms over recent months.  Internal trends are firm with nearly 40% of the EuroStoxx within striking distance of a 52-week high.  We don’t want to rule out a pause, but pullbacks are likely buyable for the region.  Credit spreads, while up modestly from recent lows, are also still contained.  From a sentiment perspective, European sell-side strategist targets are virtually in-line with current index levels (this doesn’t look euphoric).

Turning to Asia, the longer-term charts in Taiwan, Korea, and India are nearing multi-year breakouts.  Monthly momentum is supportive for each market and important index weights are all acting strongly – again, we’d use any near-term pullback opportunistically.  Not unlike the U.S., the Japanese market is consolidating with 20-day lows rising over recent days but oversold conditions are also likely to be buyable over coming weeks. 

 

Global Matrix In Good Standing


Low Volatility Also A Feature In Europe

 

European Markets Also Outperforming In $ Terms

 

U.S. Dollar Virtually Unchanged Over Last Two Years

 

Strategas Research Partners' Institutional Investor-ranked Research Team works to identify the major themes with broad implications for global financial markets. Strategas covers the broad investment landscape, with published reports discussing Investment Strategy, Economics, Washington Policy, Quantitative and Fixed Income research. The team's thematic and macro-driven approach relies on empirical data as well as fundamental and technical research to provide readers with an integrated investment strategy for a variety of time horizons.

 

This article is from Strategas Research Partners and is being posted with Strategas Research Partners’ permission. The views expressed in this article are solely those of the author and/or Strategas Research Partners and IB is not endorsing or recommending any investment or trading discussed in the article. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


12714




Stocks

Nasdaq Market Intelligence Desk - Equity Market Insight March 23, 2017


NASDAQ Composite +0.3% Dow +0.4% S&P 500 +0.3% Russell 2000 +0.9% (more in technical take)
NASDAQ Advancers: 1585 / Decliners: 548
Today’s Volume (100day avg): +11%

The Dow opened weaker on light trading volume, but reversed to the upside about 90 mins into the trading session with investors focused on this evening’s vote on changes to the Healthcare bill. If the vote passes, the expectation of tax cuts and infrastructure spending will be a reality in the near-term. The S&P Financial Index is seeing a slight uptick this morning after dropping by ~5% over the past week. DXY Index is holding its support level for the 3rd consecutive session.

  • Reform to ObamaCare faces its first significant hurdle today, as the Team Paul Ryan presents the American Health Care Act to congress. Analyst from KBW believe, “If health care fails or even lingers into June, the window for addressing tax reform will start to close” and we likely not see tax benefits until 2018.
  • Unemployment numbers came in slightly higher than expected according the U.S. Department of Labor as Initial Jobless Claims came in at 258,000 vs polled expectations of 240,000. Reported Continuing Claims were better at 2.0 million vs polled expectations 2.040 million. Last week’s initial and continuing claims were revised up slightly in both categories. It was the 107th straight week that claims remain below 300,000 claims, which can be seen as a threshold level for a healthy labor market. Labor is in demand which should point to another strong employment report for March.
  • Stocks across the globe have apparently stalled at their current levels, with investors waiting on the Healthcare vote results. FTSE +0.07%, Nikkei +0.2%, Hang Seng +0.03%. In corporate news, Ford (-1%) dropped to its lowest level since mid November after issuing a softer than expected outlook. Apple announced its has acquired the mobile app, Workflow, a phone application that assist the user to automating tasks. The stock is flat at midday.

Technical Take:

The small cap Russell 2000 index is this year’s worst performing major US equity index and YTD it is the only one in the red.  This week alone it is on pace for its worst weekly decline since February 2016.  On Tuesday it gave up 2.7% as that single session’s high-to-low range covered nearly the entire band seen over two months from mid-December to mid-February.  Yesterday the Russell initially saw downside follow-through but at the midpoint of the session it staged a reversal and closed nearly exactly where it opened forming a doji candlestick pattern.  A doji pattern is a common signal that a change in trend is coming and so far today that appears to be the case as the Russell 2000 is leading to the upside today with a 0.9% gain.  Giving credence to yesterday’s reversal is its location across the 100-day simple moving average.  The daily period of the pattern suggests one’s expectations for a reversal should be short term, however yesterday’s low provides a clearly defined level to measure one’s risk.  Initial overhead resistance is not far above at the 1376-1378 range which represents the clustering 20 and 50-day sma’s, which is in-line with the declining trend line connecting the February and March highs.  A break down below yesterday’s low risks a resumption of the recent downtrend towards the 1,300 where support comes from the 2015 high at 1,296, which coincides with the rising support line connecting the lows of Q1 and Q4’16.    

Nasdaq's Market Intelligence Desk (MID) Team includes: 

Michael Sokoll, CFA is a Senior Managing Director on the Market Intelligence Desk (MID) at Nasdaq with over 25 years of equity market experience. In this role, he manages a team of professionals responsible for providing NASDAQ-listed companies with real-time trading analysis and objective market information.

Jeffrey LaRocque is a Director on the Market Intelligence Desk (MID) at Nasdaq, covering U.S. equities with over 10 years of experience having learned market structure while working on institutional trading desks and as a stock surveillance analyst. Jeff's diverse professional knowledge includes IPOs, Technical Analysis and Options Trading.

Steven Brown is a Managing Director on the Market Intelligence Desk (MID) at Nasdaq with over twenty years of experience in equities. With a focus on client retention he currently covers the Financial, Energy and Media sectors.

Christopher Dearborn is a Managing Director on the Market Intelligence Desk (MID) at Nasdaq. Chris has over two decades of equity market experience including floor and screen based trading, corporate access, IPOs and asset allocation. Chris is responsible for providing timely, accurate and objective market and trading-related information to Nasdaq-listed companies.

Brian Joyce, CMT has 16 years of trading desk experience. Prior to joining Nasdaq Brian executed equity orders and provided trading ideas to institutional clients. He also contributed technical analysis to a fundamental research offering. Brian focuses on helping Nasdaq’s Financial, Healthcare and Airline companies among others understand the trading in their stock. Brian is a Chartered Market Technician.

This article is from Nasdaq and is being posted with Nasdaq’s permission. The views expressed in this article are solely those of the author and/or Nasdaq and IB is not endorsing or recommending any investment or trading discussed in the article. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


12713




1 2 3 4 5 2 1508

Disclosures

We appreciate your feedback. If you have any questions or comments about IB Traders' Insight please contact ibti@ibkr.com.

The material (including articles and commentary) provided on IB Traders' Insight is offered for informational purposes only. The posted material is NOT a recommendation by Interactive Brokers (IB) that you or your clients should contract for the services of or invest with any of the independent advisors or hedge funds or others who may post on IB Traders' Insight or invest with any advisors or hedge funds. The advisors, hedge funds and other analysts who may post on IB Traders' Insight are independent of IB and IB does not make any representations or warranties concerning the past or future performance of these advisors, hedge funds and others or the accuracy of the information they provide. Interactive Brokers does not conduct a "suitability review" to make sure the trading of any advisor or hedge fund or other party is suitable for you.

Securities or other financial instruments mentioned in the material posted are not suitable for all investors. The material posted does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before making any investment or trade, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice. Past performance is no guarantee of future results.

Any information provided by third parties has been obtained from sources believed to be reliable and accurate; however, IB does not warrant its accuracy and assumes no responsibility for any errors or omissions.

Any information posted by employees of IB or an affiliated company is based upon information that is believed to be reliable. However, neither IB nor its affiliates warrant its completeness, accuracy or adequacy. IB does not make any representations or warranties concerning the past or future performance of any financial instrument. By posting material on IB Traders' Insight, IB is not representing that any particular financial instrument or trading strategy is appropriate for you.