Factors in both the US and foreign markets lead us to expect the S&P to continue to be strong. Last Friday, stock markets in Asia ended sharply higher, and the European Union and Great Britain
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.
It was bound to happen. Friday, the stock market indexes were trading at new all-time highs, and the VIX was trading at historically low levels.
By Danny Riley, December 04, 2017
Last week, we pointed out that the S&P 500 futures are historically bullish into and just after the Thanksgiving holiday; and yesterday, the ESZ17 continued to make new all-time highs, trading
By Danny Riley, November 28, 2017
The S&P 500 made its first close above the 2600.00 price on Friday, marking the index’s second-fastest run from one big round all-time high level (2500) to the next big round level, 100 handles
By Danny Riley, November 27, 2017
Last Friday, the S&P 500 futures saw a lower trade primarily because of Dow Jones and Nasdaq weakness.
By Danny Riley, November 20, 2017
Stock markets are no doubt being overshadowed by the tax reform package and with good reason. The proposed reform brings up a lot of questions.
By Danny Riley, November 13, 2017
Can the market continue to hold its rally?
By Danny Riley, November 06, 2017
I remember the 2000 tech bubble very well. Every day for months, some new company that no one had ever heard of was up 50%.
By Danny Riley, October 30, 2017
The S&P 500 is on pace for its tightest monthly trading range since January 2007.
By Danny Riley, October 23, 2017
As the equity markets continue to climb, the S&P has really become a ‘one-sided’ market. With volume so low, selling just doesn't work. One of my work colleges at Mr.
By Danny Riley, October 16, 2017
I know most every trader out there wants to see more volatility, increased ranges and higher volume. This may not happen for a long time.
By Danny Riley, October 13, 2017