Articles by Danny Riley
MrTopStep launched in January 2009. Our name is derived from the Chicago Board of Trade pits. The most senior member in the "pit" was given the distinction of being able to stand at the "top step."
We provide daily live trade flow from the trading floor as well as news and market observations from large hedge funds and trading desks around the world. We are centralized in the index markets with our desk 10 feet from the S&P futures pit. Our insights are direct from the trading floor and were first delivered on a closed instant message platform for more than 15 years. Now the MrTopStep's IM Pro Trading Room is available to the public, where traders congregate and collaborate on equity, futures, ETFs and options trades. Our professional traders' network reaches from coast to coast and extends overseas.
The global political situation remains unpredictable.
By Danny Riley, May 29, 2018
If higher interest rates are supposed to be a negative for the economy, it sure didn't seem that way after the Fed released its May minutes yesterday.
By Danny Riley, May 24, 2018
Yesterday’s equity index futures trade was about three things.
By Danny Riley, May 23, 2018
Yesterday, U.S. Treasury Secretary Steven Mnuchin told Fox News that the U.S. was “putting the trade war on hold” while the two sides (China and U.S.) hold talks.
By Danny Riley, May 21, 2018
I really get the feeling something big and bad is going to happen to the equity markets.
By Danny Riley, May 03, 2018
After Caterpillar's (CAT) steep drop derailed the equity index rally early last week, later in the week, buyers were supported by Amazon (AMZN), Facebook (FB), and Alphabet Inc.
By Danny Riley, April 30, 2018
With about 1/3rd of the S&P 500 stocks having reported first quarter earnings and an increase in the S&P 500 forward estimat
By Danny Riley, April 23, 2018
The PitBull (Marty Schwartz) taught me to look out for 9-to-1 ratio down days for the stock market.
By Danny Riley, April 09, 2018
The recent stock sell-off has depleted almost 40% of the market value created during the Trump rally since the November 2016 election.
By Danny Riley, April 02, 2018