By Lawrence G. McMillanThe $SPX Index has backed off slightly from its all-time highs at 6480, set last Friday. This is a modest correction, and the support levels at 6260, 6200, and 6150 are still...
By Lawrence G. McMillanStocks pushed to new all-time closing and intraday highs this past week on two separate days -- August 12th and 13th. Any chart making new all-time highs is, by definition,...
By Lawrence G. McMillanTwo of the hardest-hit stocks in the S&P 500 this year — UnitedHealth Group ($UNH) and UPS ($UPS) — both issued daily MVB buy signals today. While this is a notable...
By Lawrence G. McMillanThe chart of $SPX remains bullish. The Index pulled back to almost exactly 6200 last Friday, August 1st, and has bounced from there. It also bounced off that level back in...
By Lawrence G. McMillan$XLP (Consumer Staples Select Sector SPDR Fund) just triggered a put-call ratio buy signal, as its weighted 21-day put-call ratio peaked at extreme levels and has now begun to...
By Lawrence G. McMillanThe buildup of overbought conditions has manifested itself in new confirmed sell signals. However, the $SPX chart is still positive, and will remain so, certainly as long as it...