MrTopStep

Going into last week the S&P futures had been riding a win streak that included only one losing week out of the last six weeks. The S&P’s pushed higher all week as traders were putting...

Maybe, just maybe, the stock market will sell off sometime. But, as my good friend and fellow trader Tony LaPorta said, “If the markets keep heating up the Fed could be forced to start pushing...

I just spoke to the ‘Pit Bull’ Marty Schwartz. I know there are a lot of good traders out there that consistently make money, but there are few that have the tenacity and profitability of...

There has to be an ‘end game’, there always is. Remember the old saying that what goes up must come down? Well that’s not happening. Yesterday the (ESH17:CME) sold off down to...

The S&P is starting to have a very top heavy feel to it. Before I give some of my thoughts, this article on Investopedia sums it up very well. When: March 11, 2000 to October 9, 2002 Where:...

It’s getting harder and harder to deny. The S&P is up over 230% from the March 2009 ‘credit crisis low, up 17% from its June 23 Brexit vote ‘limit down’, and up 15% from...

Yesterday, the S&P 500 futures finally broke through the ‘big figure’ at 2300.00, and kept going. I always think of futures trading as a two-way street, meaning you can buy and sell,...

We are not sure why, but the bears have been getting excited lately. After a few down days, and a small pick up in volume, the S&P 500 futures (ESH17:CME) index started making a series of higher...

The S&P is not giving up much to the downside. While the PitBull and I both agree that the stock market looks tired, we also know that if there is not a move lower soon, all the side ways to lower...

Gold traded up to a three month high. Crude oil rallied, and then sold off to close at 53.10, down 1.25%. Bonds traded in a narrow 34 tick range, and the S&P 500 futures (ESH17:CME) closed down...

While the warnings about a jump in volatility and a big sell off for stocks continue to pile up, so do the gains in the S&P 500 futures. Fridays jump in the non-farm payroll number, and a higher...

Yesterday’s price action resembled much of the rest of the week. The S&P opened the cash session at 2270.75, down 3.5 handles, pushed down to 2266.75 to make an early low underneath...

Yesterday’s price action in the S&P 500 futures looked to follow through bullish early on. The ESH17 opened the regular session at 2281.75, up 6.75 handles, and then rallied above Sunday...

Yesterday’s trade looked similar to Monday’s. Traders have been asking me what I think of this sell off… For now, the selling back down to the high volume area of the month does not...

When the S&P 500 futures (ESH17:CME) traded up to 2299.75 last week, it did what it had to do. While the ES futures just missed the big round 2300.00 print by a tick, it did, for all practical...

HIGH: 2272.50 Early LOW: 2262.25 Mid Morning LAST: 2263.75 DOWN 12.75 Handles TOTAL VOLUME: 1.1 mil minis, with 200k from Globex MOC: Still Early FOR TOMORROW: Bank Reserve Settlement, Motor Vehicle...