MrTopStep

S&P 500 Says Good-Bye August Heading into today’s trade that stats were not good as the last day of the trading month had closed lower on eight of the last nine occasions. Overnight the...

S&P Futures Close The Week PositiveWhat it week it has been as we have seen some of the most volatile trading and widest ranges on the equity index futures since 2011. All in all the equity...

MrTopStep has been highlighting the 1950 area for a couple days now and said that a bid over that level would result in stops being run up to 2000 and last night in the overnight session the S&P...

All Eye’s on 1950 S&P FuturesThe several day losing streak on U.S. index’s today as the ESU15:CME was able to climb higher, sustain its rally and close strong for the first time since...

The Short n Sweet of Tuesday’s TradeAfter the S&P 500 futures (ESU15:CME) ran up during the overnight session, it left us speculating it had done too much too soon going into the cash open....

Next week has a very small economic and earnings calendar. There are a total of 12 economic reports, 11 T-bill or T-bond Auctions or Announcements, 1 Federal Reserve Bank President speaks and FOMC...

Tomorrow we have Jobless Claims, Retail Sales, Import and Export Prices, EIA Natural Gas Report, 5 Yr-TIPS, and a 30-Year BondAuction. Where did all the PANIC go? Dow, S&P 500, all reverse from...

Chinese Devaluation Round 2 After a sluggish trade on Tuesday, the S&P 500 opened last nights globex session and tried to climb higher, until China again devalued it’s currency which sent...

Tomorrow we have MBA Mortgage Applications, William Dudley speaks, Atlanta Fed Business Expectations, JOLTS, EIA Petroleum Status Report, 10 Year T-Note Auction and the Treasury Budget. The Dow is...

The “Death Cross,” Yuan Panic and 2100 Equity markets worldwide were sent into liquidation mode as China announced steps to greater devalue their currency. Early in the session the S&P...

Going into today’s trade, stats were leaning negative but sentiment was well oversold as the S&P 500 futures (ESU15:CME) were trading at the lower end of the summer range. Particularly...

The overnight session began with a 4% rally in the Shanghai Composite after a change in margin rules forcing brokerages to ban short selling, however the bounce in China had little to none effect on...

ES was weak today following Friday's Walk Away Trade and $2.4bil for sale on the close. PitBull warning: last week of July to 3rd week of AUG increased Volume. First day of AUG starts month on a bad...

Today the ESU15:CME opened the regular session 3 handles lower on the day before trading higher within a tick of Fridays close and in turn sold off during the New York lunch hour nearly 20 handles...

In other commodity news, the nation's hog herd is at an all-time high, and personal consumption has increased 7% to 49.7 #/per. Southerners eat more pork than the rest of the country, consuming...

Over the next few days MrTopStep is going to take the back seat to some of its partners by letting them do the Opening Print. Today is Stewart (@ChicagoStock) of ChicagoStockTrading.com. Tomorrow it...