Equities

S&P topping, similar to September 2012?

/ February 28, 2013 3:40 pm

S&P topping, similar to September 2012?    Thursday, 28 February 2013     Is the S&P putting in an intermediate term high, similar to September 2012?   The news continues to impress This week has been stellar in terms of economic [...]

MrTopStep Best of 2012: Bond Futures: Favoring the Sell Side

MrTopStep Best of 2012: Bond Futures: Favoring the Sell Side

/ January 11, 2013 1:00 pm

Comments for 11.30.12 Financials note: March is lead month. • Bonds: We’re going to favor the sell side below this pivot — see if trade can test 148.26. Holding the pivot isn’t necessarily bullish; bulls will do better above 150.29 [...]

MrTopStep Best of 2012: Watch for SPX to Near Exit Level of 1395

MrTopStep Best of 2012: Watch for SPX to Near Exit Level of 1395

/ January 11, 2013 12:40 pm

Monday I wrote 61.8% Retracements are Very Common in Bull markets. If we can rebound from the 06/05/12 lows and add 200 points to the SPX, I am confident we can rebound 35 points from Friday’s lows to retrace at [...]

MrTopStep Best of 2012: Ninjatrader Chart of the Day: Black Friday Giants

MrTopStep Best of 2012: Ninjatrader Chart of the Day: Black Friday Giants

/ January 11, 2013 11:52 am

Market: ($AMZN, $BBY, $WMT, $TGT) Retail stores and online retailers are gearing up for Black Friday – the largest shopping day of the year and the traditional start to the holiday shopping season. In this chart, retail giants such as [...]

MrTopStep Best of 2012: CME Options Volatility: Oil Catches a Bid, Stays Up

MrTopStep Best of 2012: CME Options Volatility: Oil Catches a Bid, Stays Up

/ January 11, 2013 11:00 am

Larry Shover / Larryshover.com CME asset class volatilities were generally unchanged on the day, with the exception of oil, which did catch a bid and remained elevated throughout the trading session. Gold volatility was bid up quite nicely in the [...]

MrTopStep Best of 2012: SPX On the Ledge at 1413

MrTopStep Best of 2012: SPX On the Ledge at 1413

/ January 10, 2013 3:00 pm

Don Soubolsky / Level3data.com STOCK MARKET TODAY: “SPX on Ledge” The SPX is at the top of a trading range between 1383 and 1413.  A descending line at 1413 is acting as resistance.  Several times in the past the 1413 [...]

MrTopStep Best of 2012: SPX Holds Above 1413 Level

MrTopStep Best of 2012: SPX Holds Above 1413 Level

/ January 10, 2013 11:00 am

Don Soubolsky / level3data.com The 1413.25 was tested and retested 5 times yesterday but in the end the bulls won and the SPX closed above the important 1413 level. The SPX is at the top of a trading range between [...]

MrTopStep Best of 2012: DIA DF/DM Warning Averted, Presidential Race Tightens

MrTopStep Best of 2012: DIA DF/DM Warning Averted, Presidential Race Tightens

/ January 9, 2013 8:00 am

  After spending much of the day’s session in the red, a last-hour rally saved the day. A mere 2.38 DJIA points averted the eleventh Down Friday/Down Monday (DF/DM) warning of 2012. Although an official DF/DM was not registered, caution [...]

MrTopStep Charts “AN ISLAND GAP & PUNCH FOLLOW-UP”

MrTopStep Charts “AN ISLAND GAP & PUNCH FOLLOW-UP”

/ January 8, 2013 2:18 pm

The Last ISLAND GAP wasn’t one to Vacation On ESM 1374 / pack some SPF!