Page 2 - Upside Volume News Today

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewI am not the least bit surprised at how the markets fell yesterday and nor should anyone else. I am not going to repeat what I have said over and over. What I will say is, I had lunch with

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewCan the ES rally further? I guess. The ES rallied up to 4208.50 and sold off down to 3925.00. The 50% retracement of the move is ~4067, which we hit yesterday before the fade. They are not always right, but I

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewAfter 3 weeks of selloffs and failed rallies, the ES rallied 128 points in two days. It kinda works this way and that's why I didn't get overly bearish. It’s why on Wednesday, we wrote:“At some point, the market will

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewI knew early that selling the rallies was not working. The traction simply wasn’t there and again, it’s a sign that the market is frustrating the masses. The crowd was short — too short — the selling dried up after the

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewKeeping things short and simple for the View. The market continues to slowly trickle lower. Surprisingly, it’s frustrating both sides. The bulls are frustrated for obvious reasons: They are looking for a bounce that simply hasn’t materialized, as the S&P is

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewInterest rates are on the rise. Or at least, that’s the expectation. To quickly recap the last four weeks, the January jobs report came in stunningly hot (more than double economists’ expectations). Then the CPI, PPI and PCE reports all

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewAfter a solid rebound on Thursday, the ES posted its worst week of the year. The ES and NQ were weak going into January's PCE reading, which overshot economists’ expectations. We have written it 9 other times this month, but

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewYesterday's title, “S&P Sits on Vital Support” proved to be the case, as the index sifted lower, then erupted off the lows. The ES broke its longest losing streak in 2023 yesterday…but not by much or with all that much

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewYesterday's title, “S&P Sits on Vital Support” proved to be the case, as the index sifted lower, then erupted off the lows. The ES broke its longest losing streak in 2023 yesterday…but not by much or with all that much

Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewWe get a lot of Goldman Sachs and JPMorgan bank research reports and you know what? When you add it all up, they don't really know anything more than you and I. Sure they’ve got the 'quants' and all the