MrTopStep

The CME Group’s Emini S&P 500 futures (ESU14:CME) closed 5.25 points lower yesterday, completing the sixth day in a row that the S&P has gone from closing higher one day to closing...

Today marked the 7th day of up-a-day/down-a-day price action. All the US indices closed up on low volume, amid very little news. Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) report after the close...

As we reported this morning, the shooting and crash of Malaysian Airlines flight MH17 over eastern Ukraine triggered a selloff that, as predicted, continued through the afternoon. This led to the...

Earnings reports, mostly positive, drove markets out of their narrow Monday range on Tuesday, as the banking and financial sector stocks appeared to shrug off recent legal settlements and report...

The S&P made an early high of 1976.30 then dropped over 17 points to the day’s low, all before lunchtime. The afternoon saw a slow climb back, with a high-volume close at 1967. The MiM...

After a rally Sunday evening and overnight, the S&P 500 (CME:SPU14) topped at 1974 and then stayed in a 4-point range, closing less than a point above the low of 1970. It was a low-volume,...

The S&P 500 futures (CME:ESU14) opened sharply lower Thursday off the 8:30 open, down 23 handles from the overnight high of 1968.25, and then rallied over 19 handles before reversing back...

After a big drop before the open, with 400K of volume in Globex, the market rallied back just shy of 10 handles, and ended up down 8.2 handles from yesterday. In the MrTopStep Trading Room, I was...

Though we have gone through a lot of economic reports, not to mention Fed speak and the start of the Q2 earnings season, I’ve been trying to keep you bullish and keep you looking at the big...

The stock market is melting up, and while some would like to make comparisons to the run up in the stock market prior to the 1987 stock market crash and the 1999-2000 tech bubble, we insist that...

The S&P and Dow both made fresh highs yesterday after the jobs report showed 288,000 jobs produced in June. It was a pleasant surprise for the US economy and the markets as a whole.The...

The S&P futures have closed higher 4 in a row, up 5 of the last 6 or up 11 out of the last 14 sessions. As the stock market heads into the summer trade more traders are starting to talk S&P...

HIGH: 1956.30 Mid-Morning LOW: 1950.40 Early LAST: 1952.00 Unchanged TOTAL VOLUME: 900k EPU; 3.4k SPU MOC: Sell $2.7bil SPX to Sell $1.5bil FOR TOMORROW:Motor Vehicle Sales Gallup US ECI Redbook PMI...

This week is the 4th of July. Generally the markets are quiet around the holiday and we do not think this holiday will be any different. Several traders we talked to on the CME floor said they would...

There has not only been a lot of money wasted short-selling the S&P over the last 3 years but there has also been a lot of wasted brainpower that went along with it. One of the things I have...

The traders of the CME Group have always been a lively bunch. When the markets are moving they are too, but after the credit crisis, MF Global and Principal Financial Group Inc (NYSE:PFG) there is...