MrTopStep

So far so good in 2017. In the last two days, the S&P 500 futures have rallied 31 handles, or +1.4%. The rally has been a combination of a lack of sellers (not everyone is trading), institutional...

Beginning of the Year Statistics and the January BarometerThat’s how it works. The pension funds that sold on the last few trading days of 2016 ‘jammed’ the cash back into the stock...

Last week, the final four sessions of 2016 went out on a sour note for disappointed bulls, who were anticipating 2300 and new all time high closing prints. From the moment the S&P 500 futures...

The holidays are a fun time for most people, but they can be tough on others. Depression seems to pick up and problems get amplified. On Facebook (NASDAQ:FB) I read a post titled ‘My First...

According to Investor Intelligence, bullish sentiment has been rising, and so has the stock market. To date, the DOW Jones futures (YMH17:CBT) are up 14% in 2016, the S&P 500 futures (ESH17:CME)...

By the time everything is tallied up, the major U.S. indices will have gone out on a high note. The stock markets reacted in kind to almost everything the public thought was wrong; they skyrocketed in...

There are thousand of occupations to choose from, but few put as much stress on you as trading. Many years ago, when the kids from college showed up on the CME floor for summer jobs, many of the...

As you all know I am not one to hide or cower. That said this year has been a trying year for me both in my personal and professional life. Over the courses of my career on the trading floor I was...

Yesterday was again what we thought it would be. After Tuesday’s light session, Wednesday turned into a real grind as we speculated that traders would begin to leave their desks midweek, and we...

Original postWhile making money trading the S&P 500 futures may not be that easy, yesterdays view for the day was exactly how things played out; less people trading, lower volumes, and narrow...

Historically it is not uncommon for the market to exhibit some first-half of December weakness. This was not exactly the situation this year. S&P 500, NASDAQ and Russell 2000 did decline modestly...

As expected, the markets are slow, and volume has dropped. All the snow and dropping temperatures have caused thousands of flight cancellations. The cost of a Spirit airlines ticket from Chicago to...

DJIA Up 6 Weeks In A RowThe Dow Jones futures (YMH17:CME), which posted its sixth consecutive week of gains, closed down 8 points on Friday. The dollar rose to its highest levels in a year, bond...

What’s Going On Here?The markets have been crazy lately. Limit down, and literally, limit up. Brexit and Donald Trump have been the drivers, and both will have lasting ramifications that will be...

Everything is timing in trading. If you sold the S&P over the last 8 trading sessions, you more than likely lost. If you sold it on Tuesday after the ESH17 traded 2273.00, or after...

I think anyone that knows me has heard me say this before, and I’ll say it again; in regards to the S&P 500 futures (ESH17:CME), I have never seen anything like what we are seeing today....