http://youtu.be/HzONDEEcV90 For years people have asked me if I could get the PitBull to make an appearance. In 2013, he invited me to join him and his wife at his alma mater, Amherst, where he gave a rare talk on trading and life, one of the few times he has spoken publicly. If you asked […]
http://youtu.be/HzONDEEcV90 PitBull: “If you want to make the money you have to do the work!” Tomorrow, we start the day with PMI Manufacturing Index and Atlanta Fed Business Inflation Expectations. Another low volume trading day of trying to run the ESH 2100.00 stops. Fridays options stats are weak; up 13/down 18 of the last 31 […]
I am not going to be doing the normal “highs and lows” stuff today. Instead I am going to talk about the upcoming “MrTopStep Unplugged” webinar on Feb. 28 at 10:00 CT. Sometimes it’s not in your chart and it’s not a moving average or an overbought or oversold signal that makes you react … […]
After 10 days of MOC buy imbalances, yesterday saw $1.7 billion to sell on the close. It was all part of the big investment firms and mutual funds taking some profits, but by the feel of it but most traders we talk to think the S&P futures (ESH15:CME) has a shot at going to […]
Mutual Funds taking some profits in front of S&P futures 2100
You could see it on the trading floor of the CME Group, you could see it on the floor of the Chicago Board Options Exchange and you could see it on the trading floor of the New York Stock Exchange: traders taking Friday off to extend the Presidents Day holiday weekend. Including Globex, only […]
Can you say back and fill until they spill ?
Traders employ as many tools as they can to help them figure out market direction. One tool is among the clearest of indicators. It’s called the 2:45 imbalance, where traders can see the amount of net buying and selling on the NYSE. In our last webinar we showed an example of the buying power of […]
“Buy Stops and the S&P 2100”