Quotes by TradingView
Thursday, December 7, 2023
Premium: TradeChat
No Result
View All Result
MrTopStep
  • News
    • All
    • Reuters Business
    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    24X5 Options Trading Begins Sunday, November 21

    ICE Notice

    ICE: Margin Rates Update for ICE Futures U.S. Oil Contracts

    ICE: Margin Rates Update for ICE Futures U.S. Gas Contracts

    CME Group Globex Labor Day Holiday Schedule

    Margin Rates Update for ICE Futures U.S. Power Contracts

    AP: US COVID-19 cases rising again, doubling over three weeks

    CME Group – US Independence Day Holiday Schedule: July 2-6, 2021

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
  • 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: ARVO WRAP 7 December: Oil stocks drag down ASX | Chemist Warehouse set for $8bn ASX listing via Sigma deal | Boss Energy poised for global uranium production after acquiring stake in Alta Mesa project |

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

    PEAK ASSET: MORNING WRAP 7 December: ASX to fall | Dow +0.04% S&P -0.1% Nasdaq -0.2% | US oil was 4.1 per cent lower |

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

    PEAK ASSET: ARVO WRAP 6 December: ASX up almost 2pc as iron ore, lithium miners jump; Evolution Mining down 14pc | Phase 3 extension on the cards as Latin’s Salinas resource vaults 56pc |

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

    PEAK ASSET: ARVO WRAP 5 December: Shares chartered their worst one-day decline in more than a month | Reserve Bank of Australia’s decision to leave rates at 4.35 per cent |

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

    PEAK ASSET: MORNING WRAP 5 December: ASX to fall, Wall Street rally hits a wall | Hillgrove’s ‘rotainers’ have arrived at Port Adelaide | 30 years ago, a disruptive tech devastated copper prices. It could be about to happen again |

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

    PEAK ASSET: ARVO WRAP 4 December: Shares rally as gold hits all-time high, Bitcoin above US$40k for first time this year | ADX Energy extends collaboration with MND through farm-out of gas exploration prospects in Upper Austria |

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

    PEAK ASSET: MORNING WRAP 4 December: ASX to jump higher | S&P/ASX 200 futures were tipping a 65-point, or 0.9 per cent jump | Gold: US$2,071.25 (+1.68%) |

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

    PEAK ASSET: ARVO WRAP 1 December: A Friday fizzer for Aussie markets as energy and tech stocks drag | Mitre Mining acquires transformational Chilean silver-gold project |

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

    PEAK ASSET: MORNING WRAP 1 December: ASX to open lower | Dow +1% S&P -0.1% Nasdaq -0.7% | Spot gold -0.5% to $US2034 |

    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

    Daily Game Plan

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

    PEAK ASSET: ARVO WRAP 7 December: Oil stocks drag down ASX | Chemist Warehouse set for $8bn ASX listing via Sigma deal | Boss Energy poised for global uranium production after acquiring stake in Alta Mesa project |

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

    PEAK ASSET: MORNING WRAP 7 December: ASX to fall | Dow +0.04% S&P -0.1% Nasdaq -0.2% | US oil was 4.1 per cent lower |

    Daily Game Plan

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

    PEAK ASSET: ARVO WRAP 6 December: ASX up almost 2pc as iron ore, lithium miners jump; Evolution Mining down 14pc | Phase 3 extension on the cards as Latin’s Salinas resource vaults 56pc |

    Daily Game Plan

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

    PEAK ASSET: ARVO WRAP 5 December: Shares chartered their worst one-day decline in more than a month | Reserve Bank of Australia’s decision to leave rates at 4.35 per cent |

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

    PEAK ASSET: MORNING WRAP 5 December: ASX to fall, Wall Street rally hits a wall | Hillgrove’s ‘rotainers’ have arrived at Port Adelaide | 30 years ago, a disruptive tech devastated copper prices. It could be about to happen again |

    Daily Game Plan

  • Commentary
    • All
    • Market Recap
    • MrTopStep

    Do We Have a “Good” Low or Is This a Setup?

    Do We Have a “Good” Low or Is This a Setup?

    August Opex: Will Things Get Ugly?

    Are We Setting Up for an Opex Bounce?

    S&P Sits at Key Support as Trends Turn Bearish

    Correction Continues As Recent Lows Are on Watch

    Bulls Are Looking for a Bounce After Slow Start to August

    The Ticker

    Stocks Under Pressure Early on Friday. Can We Get a Low?

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    Quantitative Statistics and Analysis, Make Better Trading Decisions – Free Webinar – Saturday 12:00pm ET

    Quantitative Statistics and Analysis, Make Better Trading Decisions – Free Webinar – Saturday 12:00pm ET

    Chart of the Day: AMZN Stock

    Chart of the Day: PINS Stock

    Chart of the Day: AMZN Stock

    Chart of the Day: Trading the S&P 500 and the S&P Futures

    Here’s Why You Need Mr. Top Step

    Here’s Why You Need Mr. Top Step

    Chart of the Day: AMZN Stock

    Chart of the Day: Etsy Stock Tumbles

    Chart of the Day: AMZN Stock

    Monthly Trading Time: The Good, The Bad and The Ugly

    Chart of the Day: AMZN Stock

    Chart of the Day: Can Apple Stock Hit Record Highs?

    Chart of the Day: AMZN Stock

    Chart of the Day: Can GOOGL Stock Stay Up?

  • NYSE Holidays
  • Video
  • News
    • All
    • Reuters Business
    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    24X5 Options Trading Begins Sunday, November 21

    ICE Notice

    ICE: Margin Rates Update for ICE Futures U.S. Oil Contracts

    ICE: Margin Rates Update for ICE Futures U.S. Gas Contracts

    CME Group Globex Labor Day Holiday Schedule

    Margin Rates Update for ICE Futures U.S. Power Contracts

    AP: US COVID-19 cases rising again, doubling over three weeks

    CME Group – US Independence Day Holiday Schedule: July 2-6, 2021

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
  • 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: ARVO WRAP 7 December: Oil stocks drag down ASX | Chemist Warehouse set for $8bn ASX listing via Sigma deal | Boss Energy poised for global uranium production after acquiring stake in Alta Mesa project |

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

    PEAK ASSET: MORNING WRAP 7 December: ASX to fall | Dow +0.04% S&P -0.1% Nasdaq -0.2% | US oil was 4.1 per cent lower |

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

    PEAK ASSET: ARVO WRAP 6 December: ASX up almost 2pc as iron ore, lithium miners jump; Evolution Mining down 14pc | Phase 3 extension on the cards as Latin’s Salinas resource vaults 56pc |

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

    PEAK ASSET: ARVO WRAP 5 December: Shares chartered their worst one-day decline in more than a month | Reserve Bank of Australia’s decision to leave rates at 4.35 per cent |

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

    PEAK ASSET: MORNING WRAP 5 December: ASX to fall, Wall Street rally hits a wall | Hillgrove’s ‘rotainers’ have arrived at Port Adelaide | 30 years ago, a disruptive tech devastated copper prices. It could be about to happen again |

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

    PEAK ASSET: ARVO WRAP 4 December: Shares rally as gold hits all-time high, Bitcoin above US$40k for first time this year | ADX Energy extends collaboration with MND through farm-out of gas exploration prospects in Upper Austria |

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

    PEAK ASSET: MORNING WRAP 4 December: ASX to jump higher | S&P/ASX 200 futures were tipping a 65-point, or 0.9 per cent jump | Gold: US$2,071.25 (+1.68%) |

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

    PEAK ASSET: ARVO WRAP 1 December: A Friday fizzer for Aussie markets as energy and tech stocks drag | Mitre Mining acquires transformational Chilean silver-gold project |

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

    PEAK ASSET: MORNING WRAP 1 December: ASX to open lower | Dow +1% S&P -0.1% Nasdaq -0.7% | Spot gold -0.5% to $US2034 |

    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

    Daily Game Plan

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

    PEAK ASSET: ARVO WRAP 7 December: Oil stocks drag down ASX | Chemist Warehouse set for $8bn ASX listing via Sigma deal | Boss Energy poised for global uranium production after acquiring stake in Alta Mesa project |

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

    PEAK ASSET: MORNING WRAP 7 December: ASX to fall | Dow +0.04% S&P -0.1% Nasdaq -0.2% | US oil was 4.1 per cent lower |

    Daily Game Plan

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

    PEAK ASSET: ARVO WRAP 6 December: ASX up almost 2pc as iron ore, lithium miners jump; Evolution Mining down 14pc | Phase 3 extension on the cards as Latin’s Salinas resource vaults 56pc |

    Daily Game Plan

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

    PEAK ASSET: ARVO WRAP 5 December: Shares chartered their worst one-day decline in more than a month | Reserve Bank of Australia’s decision to leave rates at 4.35 per cent |

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

    PEAK ASSET: MORNING WRAP 5 December: ASX to fall, Wall Street rally hits a wall | Hillgrove’s ‘rotainers’ have arrived at Port Adelaide | 30 years ago, a disruptive tech devastated copper prices. It could be about to happen again |

    Daily Game Plan

  • Commentary
    • All
    • Market Recap
    • MrTopStep

    Do We Have a “Good” Low or Is This a Setup?

    Do We Have a “Good” Low or Is This a Setup?

    August Opex: Will Things Get Ugly?

    Are We Setting Up for an Opex Bounce?

    S&P Sits at Key Support as Trends Turn Bearish

    Correction Continues As Recent Lows Are on Watch

    Bulls Are Looking for a Bounce After Slow Start to August

    The Ticker

    Stocks Under Pressure Early on Friday. Can We Get a Low?

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    Quantitative Statistics and Analysis, Make Better Trading Decisions – Free Webinar – Saturday 12:00pm ET

    Quantitative Statistics and Analysis, Make Better Trading Decisions – Free Webinar – Saturday 12:00pm ET

    Chart of the Day: AMZN Stock

    Chart of the Day: PINS Stock

    Chart of the Day: AMZN Stock

    Chart of the Day: Trading the S&P 500 and the S&P Futures

    Here’s Why You Need Mr. Top Step

    Here’s Why You Need Mr. Top Step

    Chart of the Day: AMZN Stock

    Chart of the Day: Etsy Stock Tumbles

    Chart of the Day: AMZN Stock

    Monthly Trading Time: The Good, The Bad and The Ugly

    Chart of the Day: AMZN Stock

    Chart of the Day: Can Apple Stock Hit Record Highs?

    Chart of the Day: AMZN Stock

    Chart of the Day: Can GOOGL Stock Stay Up?

  • NYSE Holidays
  • Video
No Result
View All Result
MrTopStep
Home Commentary

EJ: Weekly Market Update

Contributor by Contributor
September 27, 2020
in Commentary, News
0 0
0
13
SHARES
91
VIEWS
Share on FacebookShare on Twitter

Weekly Market Update (September 21 – September 25, 2020)

By: Angelo Kourkafas, CFA® September 25, 2020

Stocks fell last week, marking the longest weekly slide since 2019, as investors continue to digest news that U.S./China trade tensions are rising, a coronavirus vaccine won’t be widely available until April of 2021, jobs data came out worse than expected, and expectations are fading that a new fiscal stimulus package will be passed. Mega-cap stocks outperformed the S&P 500 last week, but Microsoft, Apple, Netflix, Amazon and Facebook are all still down for the month. Small-cap and cyclical stocks were hardest hit by the news that a vaccine is further away than initially thought. Ruth Bader Ginsburg’s death has ushered in fears that stimulus talks between Republicans and Democrats could be overshadowed by a political battle for a Supreme Court nominee. A surge in coronavirus cases in Europe has also seen investors shun some European stocks on fears that economic restrictions could be reestablished.

September Woes Continue; Three Key Concerns and Our Views 

For the first time after a powerful six-month rally the S&P 500 flirted with a 10% correction, the largest pullback since stocks bottomed in March. Here are three key concerns that triggered the decline and our thoughts on why these worries present near-term roadblocks, but do not necessarily signal a broader change in the direction of the economic and market recovery.

1. Excessive valuations

Entering September, the S&P 500’s valuation, as measured by the price-to-forward-earnings ratio, was the priciest since late 1999 – early 2000 (23 times earnings versus the historical average of 16 times). A key contributor to the market pullback has been weakness in mega-cap technology stocks, which led the market higher earlier this year, and which carry an outsized weight on major indexes. Between January and August, the average return of the FAANGM stocks (Facebook, Apple, Amazon, Netflix, Google and Microsoft) was almost 54% higher compared with a 4% average decline for the other 495 stocks in the index. This trend reversed in September, with the prior leaders recently becoming laggards (the average FAANGM stock declined 12% vs. a 5% decline for the other 495 stocks)1. The combination of elevated valuations and weakness in tech has led some investors to draw similarities to the 2000 tech bubble. 

Our view:

  • We believe that valuations are full but are not excessive, given record-low yields and expectations for corporate earnings to improve. While expanded valuations provide little margin for error, there are some key differences between today’s environment and the late ’90s that led to the burst of the tech bubble.
  • Interest rates are structurally lower now and likely to remain low for an extended period. The 10-year Treasury yield is currently at 0.7%, a far cry from the 6% level that government bonds were yielding in 20001. Moreover, between 1999 and the first half of 2000, the Fed was tightening policy by hiking rates at a steady pace, which triggered the eventual burst of the bubble. In contrast today, the policy interest rate is near zero, with the Fed signaling that it does not expect to raise rates until the end of 2023. There is no clear answer on how much future earnings, a public company, or the market in general are worth when the cost of capital, or required rate of return, is almost zero, but our sense is that investors are willing to pay more than they would have if interest rates were higher.
  • The economy is currently in the process of exiting a severe recession, rather than entering one like in 2000. As a result, corporate earnings have likely bottomed and are expected to recover heading into next year, which should help valuations improve. In contrast, during the tech bubble sentiment and valuations were expanding at the same time as earnings were peaking.
  • Lastly, today’s mega-cap technology companies are more mature, highly profitable companies, with little debt on their balance sheets.

2. Lack of additional stimulus to bolster recovery

The passing of Supreme Court Justice Ginsburg raised concerns that a partisan fight over a SCOTUS nominee could distract from ongoing negotiations between Democrats and Republicans on a deal for another fiscal-relief package. Investors reacted negatively to the news, as a stalemate poses a threat to the emerging recovery.

Our view:

  • The progress of the economic recovery will be slower in the absence of another round of fiscal support. The combination of extensive central-bank and government support have undoubtedly been critical components of the rebound in the economy and the markets. With monetary policy approaching its limits, government spending must shoulder the burden of bridging the income and employment gaps until the economic effects of the pandemic fade.
  • However, the absence or delay of another round of fiscal relief doesn’t have to reverse the progress already made. The larger-in-size injection of stimulus administered earlier, when the economy needed it the most, is still showing some of its benefits. The U.S. personal saving rate, or savings as a percentage of disposable income, remains elevated (18% vs. the 9% historical average over the last 70 years), even as previous relief measures have expired. This extra buffer could support spending in the coming months while the labor market continues to heal2.
  • Lastly, a deal for further relief is still likely, as both sides agree on the need for more spending to offset the hit to incomes from the pandemic.

3. Ongoing health worries make a V-shaped recovery elusive

Adding to the negative sentiment last week were renewed fears that a second wave of coronavirus cases in Europe will lead to more restrictions. An unexpected decline in the September preliminary reading of European economic activity for the services sector also reminded investors that important constraints on the recovery remain.

Our view:

  • The root cause of last week’s pullback in stocks was, in our opinion, the recalibration of lofty expectations about the pace of the recovery. We maintain the view that after the initial sharp snapback in activity experienced in the summer months, the recovery has entered a new phase in which growth will be slower with periodic setbacks along the way. 
  • Absent a faster-than-expected distribution of an effective vaccine (current consensus assumes mid-2021), growth across sectors will stay uneven, preventing a full V-shaped recovery. For example, demand has shifted from services to goods, boosting retail sales above pre-pandemic highs. Housing continues to be a standout, with existing and new home sales surging to levels not seen since 2006. On the flip side, small-business revenue is 21% lower, and spending on restaurants and hotels is 25% lower compared with January levels3. 
  • Positively, a scenario of slow growth and gradual recovery does not have to translate to lackluster returns for investors, as the last economic expansion demonstrates. Following the Great Financial Crisis in 2008, the speed of the expansion was the slowest in the last 70 years. GDP was growing a little over 2% a year, with retail sales taking two years to return to pre-crisis levels and industrial production taking five2. Yet, this U-shaped recovery still produced decent outcomes for investors, but with periodic pullbacks. 

What to expect from here

  • We believe the newly emerging bull market will prove durable, but not without growth scares and setbacks, as the range of economic outcomes remains wide (though narrower than in the spring). Following a powerful six-month rally, returns will likely slow, but the gains are not necessarily exhausted, and a correction could prove healthy. While today’s environment is unique, it is helpful to gauge the range of historical outcomes during past early recoveries. The table below provides a historical view of the S&P 500’s performance during the first year of the rebound following bear markets and offers the following takeaways:
    • Corrections are common, as conditions coming out of recessions are typically wobbly.
    • Looking at the distribution of market gains, the bulk of gains were mostly captured in the first six months of the first year of the rebound, but returns continued to be above-average in the second half, even as the pace of gains slowed.
  • At this juncture, we recommend investors stay balanced and diversified but also opportunistic, deploying available cash towards long-term goals, if appropriate. As the correction plays out, lagging asset classes and sectors (including defensive areas like utilities, staples and health care) can present rebalancing opportunities to fill gaps in underrepresented areas within portfolios.

Angelo Kourkafas, CFA
Investment Strategy Analyst

Sources: 1. FactSet, 2. Bloomberg, 3.tracktherecovery.org

The Week Ahead

Important weekly economic data coming out next week includes personal consumption, the unemployment rate, and the Consumer Confidence Index.

Review last week’s weekly market update.

Important Information

The Weekly Market Update is published every Friday, after market close.

Market indexes are unmanaged and cannot be invested into directly and are not meant to depict an actual investment.

Past performance does not guarantee future results.

Diversification does not guarantee a profit or protect against loss.

Systematic investing does not guarantee a profit or protect against loss. Investors should consider their willingness to keep investing when share prices are declining.

Dividends may be increased, decreased or eliminated at any time without notice.

Investors should understand the risks involved of owning investments, including interest rate risk, credit risk and market risk. The value of investments fluctuates and investors can lose some or all of their principal.

Special risks are inherent to international investing, including those related to currency fluctuations and foreign political and economic events.

The content of this report is for informational purposes only and should not be interpreted as specific investment advice. Investors should make investment decisions based on their unique investment objectives and financial situation. While the information is believed to be accurate, it is not guaranteed and is subject to change without notice.

The Dow Jones Indexes are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use.

All content of the Dow Jones Indexes © 2017 is proprietary to Dow Jones & Company, Inc.

Previous Post

Sunday Night Futures

Next Post

The Guardian: The Florida patrol attempting to enforce a mask mandate

Related Posts

Analysis

Do We Have a “Good” Low or Is This a Setup?

August 21, 2023
Analysis

Do We Have a “Good” Low or Is This a Setup?

August 21, 2023
Analysis

August Opex: Will Things Get Ugly?

August 18, 2023
Next Post

The Guardian: The Florida patrol attempting to enforce a mask mandate

Search

No Result
View All Result

MrTopStep Live Stream

Popular Posts

  • NYSE Holidays 2020 Stock Market Schedule

    NYSE Stock Market Holidays 2022 | Stock Market Calendar

    3363 shares
    Share 1358 Tweet 836
  • Market On Close: Trend down day and the MOC capitulated but sector wise a bit bullish.

    907 shares
    Share 363 Tweet 227
  • 1920s Stock Market Chart

    709 shares
    Share 284 Tweet 177
  • Introduction to T-Theory – Magic-T

    597 shares
    Share 239 Tweet 149
  • S&P 500 projections: What the locals in the pit think

    365 shares
    Share 146 Tweet 91

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 Chat Room
  • Stocks
  • Charts
  • Commentary
  • Education
  • NYSE Holidays
  • Video

© 2020 - MrTopStep All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

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