MrTopStep

Haunted by low volume the S&P fell short of 1900.00 during Friday’s trade, but finally traded up to 1904 during Sunday night’s abbreviated Memorial Day session.Short But Big Week...

The average person has a vague idea that when the stock market is up it means the economy is better. For those who have 401ks or mutual fund savings and check them three or four times a year, the...

Upstart trading company and dark pool operator IEX, best known for their CBS 60 Minutes interview and recently featured in Michael Lewis’s best-selling book Flash Boys, is in talks with...

US stocks made another new high yesterday with the S&P futures [CME:SPM14] adding 6.7 points to 1896.90 or up 0.40% and finishing up 1.2% on the week.Despite the lethargic pre-holiday trade...

A rally late in the trading day Wednesday pushed the S&P 500 futures higher as the FOMC minutes were released with an overall positive assessment of the economy. The major risk highlighted in...

On Tuesday the S&P 500 futures [CME:SPM14] closed down 14.2 handles lower or -1%. The day started out on a good note with the S&P making an early high at 1880.70. The overall tone of the...

The S&P 500 (CME:SPM14) may bend but it rarely breaks — “breaks” meaning 10% declines or more. With the last 10% drop from May 1 to June 4, 2012, it dropped 10.4% in 25...

The Gold (CBT:ZGM14) price range has compressed significantly in recent weeks, which suggests expansion ahead. Watch 1300 closely.Range CompressionAfter Gold saw rejection above 1390 in March,...

They say the trend is your friend. While the S&P 500 may be going up, it has yet to really go anywhere in 2014. Every time it sells off the bears jump on the sell side, it sells off, and then...

May 6 was the the four year anniversary of the Flash Crash. It was a bitter anniversary for our S&P desk, which has been on the floor since 1985. We took a big hit that day and still wonder why it...

I remember in early 2007 when the PitBull told me there was “rotten wood” floating around in the stock market leaders, the banks and brokerage stocks. I will never forget those words nor...

HIGH: 1879.80 RECENTLY LOW: 1861.00 FIRST 15 Minutes LAST: 1879.00 UP 4.5 Handles TOTAL VOLUME: 1.2 mil / ESM 2.1K MOC: MIM Showed SELL 230mil / Actual was 230mil CASH CLOSE: 1878.70 AREA Mondays, Up...

The S&P 500 futures had been up 10 out of the last 13 sessions going into Friday morning’s job numbers. The economy added 288,000 new jobs in April, higher than expected, while the...

The S&P 500 ended Thursday nearly unchanged as investors awaited the full release of job creation numbers Friday. The Nasdaq received a slight lift from a rally in Internet stocks.Early data show...

The S&P 500 did its usual thing yesterday after the Fed released its announcement; it sold off a little and then went the other way. You can have all the cool indicators in the world, but if...

Gold futures in between opposing emerging patterns looking at the intraday perspective. Currently price is in between Gold Reserve Inc (GRZ.V)’s so these will be the initial levels to watch for...