MrTopStep

As the markets continue to climb, it has really become a ‘one sided’ market. With volumes in all the indices at record lows, selling just doesn’t work. While some traders say we have...

It used to be that September and October were historically feared months for the stock market, but not any more, or at least not this year. Yesterday, after a simi-weak session in Europe, the S&P...

How many times over the last four or five years have you heard Elliott Wave, Dennis Gartman or Tom DeMark say ‘the high is in’, or ‘get short’ the S&P? It’s not just...

President Trump always talks about ‘fake news’, but most of it is tied to stories that revolve around him. Yesterday, when Apple jumped $2.00 after the open, it was the Dow Jones news wire...

Despite a big rally in Asia, there seemed to be a dark cloud hanging over the U.S. index markets yesterday. After a rally up to 2550.50 on Globex, the ES opened at the 2549.50 level on the 8:30 bell,...

Well, there is always a time when the markets stop going up, and Friday jobs report was a good reason. After the VIX traded down to its lowest close in 20 years, and a loss of 33,000 jobs, the...

Yesterday, even the bulls were taken off guard as technology companies and financial shares pushed higher, and U.S. stock indexes hit fresh record highs. The CBOE Volatility Index (VIX) surpassed its...

When it comes to the S&P 500 futures (ESZ17:CME), the old saying ‘we are not here to fight city hall’ applies. With the ES up 6 days in a row, and almost no pull backs, it seems like...

Yesterday’s rally started with Hong Kong stocks posting their best day in more than a year. Better than expected earnings from the airlines and automakers helped push the Dow Jones to its 44th...

July 29th was the last time the major U.S. indices all closed at new highs. Why do the markets continue going higher? Its called ‘quantitative easing’, and you know what? It’s far...

September has been known as a very volatile month. It has included some very big moves, like the 1987 crash, but with the S&P up over 250% since its March 2009 credit crisis low, the S&P 500...

It’s October and you know what that means. Some of the most famous stock-market crashes in history – 1929, 1987 and 2008.This month, I’m focused on October 16-17 as potential big...

After making new all time contract highs, the ES sold off Wednesday night and into Thursday mornings Globex session, down to 2499.00, on total volume of 175,000 contracts traded. On the 8:30 CT...

I am not real sure what the exact reasons are, but the S&P 500 futures (ESZ17:CME) is stuck in a 10 handle (point) trading range, give or take a few. Does it have to do with global risk, or is it...

The S&P 500 futures (ESZ17:CME) traded down to 2492.75 on Globex Monday night, but rallied as the European indices firmed up, pushing the ES upto an early high of 2497.50. On the 8:30 CT futures...

With all the threats going back and forth between the U.S. and North Korea, one would think it would topple the markets, and maybe part of yesterday’s sell off had a little but to do with that,...