In the world of trading, patterns matter, and the main one is that the S&P never goes down after a big down day. Why? I am not exactly sure, but I think it has something to do with the shorts. If you asked 100 traders on Thursday’s close if they thought the S&P was going […]
After Google reported better than expected earnings, and the stock sold off, taking the Nasdaq 100 futures (NQU17:CME) down 25 points after Mondays close, no one expected the S&P 500 futures (ESU17:CME) to gap up on the 8:30 CT open. With the ES up 14 days out of the last 17 sessions, and the NQ […]
After Google reported better than expected earnings, and the stock sold off, taking the Nasdaq 100 futures (NQU17:CME) down 25 points after Mondays close, no one expected the S&P 500 futures (ESU17:CME) to gap up on the 8:30 CT open. With the ES up 14 days out of the last 17 sessions, and the NQ […]
Every now and then we have to take a break from trading to be reminded of the real world. The passing of William Blount did that for us at MrTopStep, and today’s Opening Print will honor him. He was a father, a grandfather and a friend to many. I call MrTopStep a collective, a group […]
Every now and then we have to take a break from trading to be reminded of the real world. The passing of William Blount did that for us at MrTopStep, and today’s Opening Print will honor him. He was a father, a grandfather and a friend to many. I call MrTopStep a collective, a group […]
With the U.S. budget bill passed over the weekend, and all of the European exchanges closed for the the May Day holiday, the S&P 500 futures had a very quiet day. The (ESM17:CME) made a high on Globex at 2388.75, but sold off a little before the 8:30 CT futures open. On the open, the […]
With the U.S. budget bill passed over the weekend, and all of the European exchanges closed for the the May Day holiday, the S&P 500 futures had a very quiet day. The (ESM17:CME) made a high on Globex at 2388.75, but sold off a little before the 8:30 CT futures open. On the open, the […]
Last week was a choppy range for the S&P 500 futures. The weekly range traded inside the prior week’s high and low. Neither the bulls nor the bears were able to take over and control the price action during the October option expiration. Monday looked weak early on trading down to 2116.75. The high of […]
Yesterday the S&P 500 built on top of European weakness and sluggish earnings to see a near 20 handle pullback from contract close-to-close. The S&P 500 index futures found initial resistance at the 2100 area, making a late Wednesday high of 2105.25 before selling into the close then revisiting up to 2104 in Thursday’s globex […]
I am continually impressed by the breadth of interesting people I encounter in the fintech arena. Whether they are traders, technologists, media or even marketers (yes, believe it or not), there are so many great stories behind the scenes from the people that make this industry exciting. So, welcome to “Five Questions with…,” a new […]