Quotes by TradingView
Tuesday, January 26, 2021
Premium: TradeChat
No Result
View All Result
MrTopStep.com LLC
  • News
    • All
    • Reuters Business

    OP: Road Work Ahead

    Protected: OP: Road Work Ahead

    OP: 3600?

    OP: 3600?

    OP: 3600?

    Protected: OP: 3600?

    OP: Missing the Mark

    OP: Missing the Mark

    OP: Missing the Mark

    Protected: OP: Missing the Mark

    OP: Wall Street Welcomes Biden

    OP: Wall Street Welcomes Biden

    OP: Wall Street Welcomes Biden

    Protected: OP: Wall Street Welcomes Biden

    Thursday AP Morning Wire

    Thursday AP Morning Wire

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Room
    • The Opening Print
    • FREE Daily Opening Print
  • Stocks
    • All
    • Apple
    • Dow Jones
    • Earnings
    • Facebook (FB)
    • Goldman Sachs (GS)
    • IPO
    • M&A
    • Markets
    • Mining
    • Nasdaq
    • NYSE
    • Russell 2000
    • S&P 500
    • Twitter (TWTR:NYSE)
    • VIX
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 27 JANUARY: | ASX to fall, Wall St Struggles for direction | These billionaires believe green hydrogen will provide a carbon-free future for iron ore mining |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 25 JANUARY: | ASX closes 0.4% higher at new 11-month high, Fatfish digital insurance subsidiary Fatberry records ‘explosive’ revenue results|

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 25 JANUARY: | ASX to rise | Palladium supply is drying up. These Aussie stocks could open the floodgates |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 22 JANUARY: | ASX up 1.3pc in huge week for Zip, Lynas | iCandy looks to double up in Chinese gaming market with Rocky Rampage launch |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 22 JANUARY: | ASX to fall, Apple lifts Wall Street | The tests ASX healthcare companies have upcoming in 2021 |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 21 JANUARY: | ASX gains 0.8pc | Greenhouse study shows AVZ Minerals could achieve lowest carbon footprint at Manono lithium-tin project |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 21 JANUARY: | ASX to rise | Eco-fibre play Nanollose leads ASX healthcare sector with 292% gain |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 20 JANUARY: | ASX hits 11 month high | China shares rise on c.bank’s liquidity boost; EV, healthcare stocks shine |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 20 JANUARY: | ASX to rise | 3 cannabis players discuss how to view the sector through a biotech lens |

    Trending Tags

    • FEEDID-6
    • FEEDID-51
    • FEEDID-44
    • FEEDID-31
    • FEEDID-21
    • FEEDID-16
    • FEEDID-36
    • FEEDID-10
    • feedid-56
    • feedid-58
    • feedid-61
    • feedid-59
    • feedid-60
    • feedid-62
    • feedid-63
    • feedid-65
    • feedid-66
  • Charts
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 27 JANUARY: | ASX to fall, Wall St Struggles for direction | These billionaires believe green hydrogen will provide a carbon-free future for iron ore mining |

    The Cotton Row Journal, week of 18-22 Jan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 25 JANUARY: | ASX closes 0.4% higher at new 11-month high, Fatfish digital insurance subsidiary Fatberry records ‘explosive’ revenue results|

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 25 JANUARY: | ASX to rise | Palladium supply is drying up. These Aussie stocks could open the floodgates |

    The Cotton Row Journal, week of 18-22 Jan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 22 JANUARY: | ASX up 1.3pc in huge week for Zip, Lynas | iCandy looks to double up in Chinese gaming market with Rocky Rampage launch |

  • Commentary
    • All
    • Market Recap
    • MrTopStep

    CME MICRO Transaction Fee Increase, Feb. 1

    OP: Road Work Ahead

    GMTT 14 Day Trial Square

    Global Macro Technical Thoughts – Jitschak Nager – Where are the trades?

    links

    Danny’s Top Links – January 26, 2021

    Protected: OP: Road Work Ahead

    OP: 3600?

    OP: 3600?

    Danny’s Top Links – January 25, 2021

    OP: 3600?

    Protected: OP: 3600?

    Edward Jones: Weekly Update

    Edward Jones: Weekly Update

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    GMTT / Chart of the day / Apple / Oct 27, 2020

    GMTT / Chart of the day / Apple / Oct 27, 2020

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Full For a Bull

    NASDOG.com: Full For a Bull

    HotSpots for 01/02/2020 for $ES $YM $NQ

    HotSpots for 01/02/2020 for $ES $YM $NQ

    HotSpots for 12/31/2019 for $ES $YM $NQ

    HotSpots for 12/30/2019 for $ES $YM $NQ

    HotSpots for 12/27/2019 for $ES $YM $NQ

    HotSpots for 12/25/2019 for $ES $YM $NQ

  • NYSE Holidays
  • Video
  • News
    • All
    • Reuters Business

    OP: Road Work Ahead

    Protected: OP: Road Work Ahead

    OP: 3600?

    OP: 3600?

    OP: 3600?

    Protected: OP: 3600?

    OP: Missing the Mark

    OP: Missing the Mark

    OP: Missing the Mark

    Protected: OP: Missing the Mark

    OP: Wall Street Welcomes Biden

    OP: Wall Street Welcomes Biden

    OP: Wall Street Welcomes Biden

    Protected: OP: Wall Street Welcomes Biden

    Thursday AP Morning Wire

    Thursday AP Morning Wire

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Room
    • The Opening Print
    • FREE Daily Opening Print
  • Stocks
    • All
    • Apple
    • Dow Jones
    • Earnings
    • Facebook (FB)
    • Goldman Sachs (GS)
    • IPO
    • M&A
    • Markets
    • Mining
    • Nasdaq
    • NYSE
    • Russell 2000
    • S&P 500
    • Twitter (TWTR:NYSE)
    • VIX
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 27 JANUARY: | ASX to fall, Wall St Struggles for direction | These billionaires believe green hydrogen will provide a carbon-free future for iron ore mining |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 25 JANUARY: | ASX closes 0.4% higher at new 11-month high, Fatfish digital insurance subsidiary Fatberry records ‘explosive’ revenue results|

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 25 JANUARY: | ASX to rise | Palladium supply is drying up. These Aussie stocks could open the floodgates |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 22 JANUARY: | ASX up 1.3pc in huge week for Zip, Lynas | iCandy looks to double up in Chinese gaming market with Rocky Rampage launch |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 22 JANUARY: | ASX to fall, Apple lifts Wall Street | The tests ASX healthcare companies have upcoming in 2021 |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 21 JANUARY: | ASX gains 0.8pc | Greenhouse study shows AVZ Minerals could achieve lowest carbon footprint at Manono lithium-tin project |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 21 JANUARY: | ASX to rise | Eco-fibre play Nanollose leads ASX healthcare sector with 292% gain |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 20 JANUARY: | ASX hits 11 month high | China shares rise on c.bank’s liquidity boost; EV, healthcare stocks shine |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 20 JANUARY: | ASX to rise | 3 cannabis players discuss how to view the sector through a biotech lens |

    Trending Tags

    • FEEDID-6
    • FEEDID-51
    • FEEDID-44
    • FEEDID-31
    • FEEDID-21
    • FEEDID-16
    • FEEDID-36
    • FEEDID-10
    • feedid-56
    • feedid-58
    • feedid-61
    • feedid-59
    • feedid-60
    • feedid-62
    • feedid-63
    • feedid-65
    • feedid-66
  • Charts
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 27 JANUARY: | ASX to fall, Wall St Struggles for direction | These billionaires believe green hydrogen will provide a carbon-free future for iron ore mining |

    The Cotton Row Journal, week of 18-22 Jan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 25 JANUARY: | ASX closes 0.4% higher at new 11-month high, Fatfish digital insurance subsidiary Fatberry records ‘explosive’ revenue results|

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 25 JANUARY: | ASX to rise | Palladium supply is drying up. These Aussie stocks could open the floodgates |

    The Cotton Row Journal, week of 18-22 Jan

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 22 JANUARY: | ASX up 1.3pc in huge week for Zip, Lynas | iCandy looks to double up in Chinese gaming market with Rocky Rampage launch |

  • Commentary
    • All
    • Market Recap
    • MrTopStep

    CME MICRO Transaction Fee Increase, Feb. 1

    OP: Road Work Ahead

    GMTT 14 Day Trial Square

    Global Macro Technical Thoughts – Jitschak Nager – Where are the trades?

    links

    Danny’s Top Links – January 26, 2021

    Protected: OP: Road Work Ahead

    OP: 3600?

    OP: 3600?

    Danny’s Top Links – January 25, 2021

    OP: 3600?

    Protected: OP: 3600?

    Edward Jones: Weekly Update

    Edward Jones: Weekly Update

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    GMTT / Chart of the day / Apple / Oct 27, 2020

    GMTT / Chart of the day / Apple / Oct 27, 2020

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Full For a Bull

    NASDOG.com: Full For a Bull

    HotSpots for 01/02/2020 for $ES $YM $NQ

    HotSpots for 01/02/2020 for $ES $YM $NQ

    HotSpots for 12/31/2019 for $ES $YM $NQ

    HotSpots for 12/30/2019 for $ES $YM $NQ

    HotSpots for 12/27/2019 for $ES $YM $NQ

    HotSpots for 12/25/2019 for $ES $YM $NQ

  • NYSE Holidays
  • Video
No Result
View All Result
MrTopStep.com LLC
Home Commentary MrTopStep

Brian’s Thursday recap: Global growth trifecta, new highs and a ‘running correction’ scenario

Brian Shepard by Brian Shepard
Thursday, August 1, 2013
in MrTopStep
0 0
0
Brian’s Thursday recap: Global growth trifecta, new highs and a ‘running correction’ scenario
16
SHARES
114
VIEWS
Share on FacebookShare on Twitter

Market RecapCollective Intelligence!
Today started with a shout-out to the collective efforts of the central bankers and William Blount! Hip, hip, hooray! Month end/new month is here and so are the central bankers! <BAM> from William Blount’s morning commentary: Yesterday was VERY INFORMATIVE — it PROVIDED the first Place where all of BLUE(5) could be completed on an ascending triangle and the FLIP SIDE is a messy ‘running correction’ (very bullish – see daily charts in 2005-2006 for same look).. THE BANE, biggest pitfall of all MEMBERS OF THE PENCIL AND ERASER SET is counting too fast…so, it is possible that the 1 min chart labeling the ascension of the rally from minor 4 LEAN at 1670.5 SPOO/1676.03 SPX may be off by 1 set of a-b-c’s to seal the triangle AND if it is a running correction then we are about to accelerate VERY RAPIDLY to the 1700’s.

Globex volume was a bit higher than recent weeks average, but light for all the news and the price action that followed. 240k ESU and 800 SPU traded on Globex, trading range was 1694.20 – 1684.70. Wednesday’s regular trading hours (RTH’s), pit session trading range was 1680.30 – 1694.00 before settling at 1680.50 (adjusted for month end), down 4.2 handles. ECB and BOE leave rates unchanged. Global growth trifecta! U.S., Europe (over 50) and China beat PMI expectations! Markit’s final manufacturing U.S. PMI for July checked in at 53.7 versus the flash reading of 53.2. beginning of the month risk on – chasing performance and selling credit, 30yr bond was down almost 1%. Jobless claims decline to lowest level in 5yrs, falling 19k to 326k. Also, the morning’s earnings were mixed to better, but the [XON] miss weighed the most.

Today’s pit hours gapped 15 handles higher (from the month end adjusted settlement of 1680.50) to 1695.30 – 1694.80, traded an initial low 0f 1694.70 before briefly topping the 1700 psychological barrier, trading a new contract high of 1700.70 by 9:25 with the Nasdaq hitting a 13-year high! At 9:00 the ISM data checked in at a whopping 55.4 vs exp of 52.0 and prior 50.9, indicating a big jump in the manufacturing sector.  The SPU faded to double bottom at 1696.50 before grinding sideways to higher on the back of the day’s events.  The FOMC was seen as uneventful to slightly dovish as the message remained that although tapering will probably start in September, it is dependent on data between now and then. Banks were higher, as were managed care stocks, as both sectors stand to benefit from higher interest rates down the road. Homebuilders rallied hard yesterday afternoon too as the Fed said it would watch mortgage rates carefully while implementing tapering which in turn should help quell fears that tapering will lead to less mortgage demand. The [DJIA] [SPX] [QQQ] were up 1%, [RUF] [XLF] were  up 1.5% and the [BKX] was up 2%. redliontrader (10:47) 355 new highs NYSE – wow! [NYSE] down to 1:1.. warning there, SP500 10:1 – broader market not so convinced. NASDAQ comp 2.5:1. NYSE 2:1. That is a critical level for the A/D line to hold to keep these gains bearish tick divergence @ 1699.50.

After trading in a tight 3-handle range during the midsession, the SPU was retesting the morning high by 1:00 and printed a new high of 1702.00 in light volume as the e-mini topped just 1M in volume, 800k net during the day session. The SPU continued the slow grind, printing a new record high 1703.30 going into the closing imbalance. The closing imbalance showed $975M to the buy side. The spoos traded 1701.80 area on the cash close before settling at a new record high of 1700.20, up 19.7 handles on the day.

On deck: Unemployment, NFP consensus 175k and TGIF!
Fed Statement Tracker http://projects.wsj.com/fed-statement-tracker/

[market-recap]

Previous Post

MrTopStep Closing Print 08.01.2013

Next Post

Overnight Update 8.2.13

Related Posts

Commentary

OP: Road Work Ahead

Tuesday, January 26, 2021
Commentary

Protected: OP: Road Work Ahead

Tuesday, January 26, 2021
OP: 3600?
Commentary

OP: 3600?

Monday, January 25, 2021
Next Post
Overnight Update 8.2.13

Overnight Update 8.2.13

Please login to join discussion

Search

No Result
View All Result

MrTopStep Live Stream

Popular Posts

  • NYSE Holidays 2020 Stock Market Schedule

    NYSE Holidays 2021 | Stock Market Calendar

    2447 shares
    Share 991 Tweet 607
  • S&P 500 projections: What the locals in the pit think

    247 shares
    Share 99 Tweet 62
  • Tuesday more of the same; be long, but careful

    238 shares
    Share 95 Tweet 60
  • The dead cat bounce

    190 shares
    Share 76 Tweet 48
  • Futures Circuit Breakers / Limits for today

    171 shares
    Share 68 Tweet 43

Subscribe to our Newsletter

The information in these Market Commentaries do not constitute a solicitation of the purchase or sale of any futures or options contracts.

Connect

Facebook Twitter Youtube

Office Hours

Monday-Friday: 7:30 AM- 4:00 PM
Order online 24/7

Ph: (207) 358-8545‬

email: info@mrtopstep.com

We Accept

© 2020 - MrTopStep All Rights Reserved.

No Result
View All Result
  • News
  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Room
    • The Opening Print
    • FREE Daily Opening Print
  • Stocks
  • Charts
  • Commentary
  • Education
  • NYSE Holidays
  • Video

© 2020 - MrTopStep All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In