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By Lawrence G. McMillanThis past week has seen volatile moves in both directions. First, $SPX failed to capitalize on the move to new highs a week ago, and then over last (3-day) weekend, President...
December Stock Market Lows
By Lawrence G. McMillanThe impetus for this column came from the fact that the S&P futures took a beating last Monday (January 19th, 2026) on the holiday celebrating Martin Luther King. Of course...
Lawrence G. McMillan Stock Market Update
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on January 20, 2026.
The January Defect
By Lawrence G. McMillanNow that January is here, the first of two “classic” January indicators is in place.  That is the result of the first five trading days of January.  Here are the...
By Lawrence G. McMillan$SPX made another new all-time high on both January 9th and 12th -- the first time it's made new all-time highs on back-to-back days since last October. That would indicate a...
Event Driven Option Trading Webinar
By Lawrence G. McMillanEarnings announcements, biotech news, and corporate events often create sharp price gaps and extreme option pricing distortions. In our latest write-up, we outline a practical...
Years with Negative Santa Claus Rallies
By Lawrence G. McMillanThe post-Thanksgiving series of three seasonal trading periods has ended, and we are nearing the beginning of what is called the “January Defect,” when the market – and NASDAQ-...
Lawrence G. McMillan Stock Market Update
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on January 12, 2026.
Too Much Risk
By Lawrence G. McMillanMany option traders have read about the disaster that befell traders involved in selling condors recommended by David Chau, the self-named “Captain Condor.” To quickly...
$SPX
By Lawrence G. McMillanThis week, $SPX traded at a new all-time high, just as it did last week. Then, it dropped -- in both cases. Normally, we'd like to see new highs confirmed by strongly positive...

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