MrTopStep

The S&P 500 futures (ESU17:CME) were on a roll Monday night. The ESU gapped open 10 handles lower, and sold off all the way down to 2421.00 after North Korea shot a missile over Japan. The ES then...

Mondays TradeThe S&P 500 futures (ESU17:CME) traded 2449.00 on the 8:30 CT futures open. After the open, and like many gap ups, the ES sold off down to 2441.25 in the first half hour of trade, and...

After selling off on Wednesdays close and settling at 2440.00, the S&P 500 futures (ESU17:CME) sold off down to 2435.25 on Globex, and then rallied 13.25 handles up to 2448.50 at 9:16 am CT...

Ugly CloseEven more unpredictable than trying to call the S&P 500 futures (ESU17:CME), is knowing what President Trump is going to say. After a good finish on Tuesday, the president went on...

Why is it that we don’t get it? When there is bad news and the S&P sells off, everyone starts calling for a crash, but the reality of this is that most sell offs only last one day, and the...

Monday morning, the S&P 500 futures (ESU17:CME) first print on the 8:30am CT bell was 24323.50, with a total of 235,000 contracts traded on Globex. After the open, the ES dipped down to 2421.50,...

Our early indications were for a sale going to the close, but as the room called it, a high probability for the MiM fake out and that was what we saw. About 330M to sell on just before the 3:45pm...

In the world of trading, patterns matter, and the main one is that the S&P never goes down after a big down day. Why? I am not exactly sure, but I think it has something to do with the shorts. If...

Social media is supposed to be for kids, or selling products, not the president of the United States banging away on Twitter all day. There has never been a time in history when a sitting president...

Forget what happened after the S&P 500 futures opened at 8:30 CT, because it’s not where the trade has been. It’s all being done at night. For the last few weeks, Globex has been where...

LEDEThis is a slightly advanced option trade that starts three calendar days after Alibaba (NYSE:BABA) Group Holding Limited (NYSE:BABA) earnings and lasts for the 5 calendar days to follow, that has...

Well, it was another rally all the way up to 2473.25 on Globex Monday night, and then a pullback to open at 2468.50 on the 8:30 CT futures open. After the open, the Nasdaq 100 futures (NQU17:CME) sold...

War or, no war? The war drums seem to be quieting down, and the stock market is going back up. The PitBull said ‘It’s the 14th and the they are putting money back to work’. By...

“IAM” is the online name of one of our professional trader friends who writes a respected private newsletter to be shared with just a few friends and colleagues. He lets us share the...

We normally spend a lot of time calculating and agonizing over Texas production, and got several hoo-hahs and worse over our estimate of 8.8 Mb. Post-report, the yield deniers for Texas cotton sound a...

The S&P 500 futures traded down to 2430 on Globex Thursday night, and then shot higher before and after the open. On Fridays 8:30 futures open, the S&P 500 futures (ESU17:CME) traded 2439.00,...