The market eventually shrugged off the most recent "tariff tantrum" and moved to new all-time highs. The breakout came on two gap days to the upside -- very strong action. That created support at the old highs, near 6750. There is also the major support below there at 6500-6550.
Join Larry McMillan as he discusses the current state of the stock market on October 27, 2025.
Volatility exploded between October 10th and October 17th, but in the end, it didn't have its usual bearish effect. Rather, $SPX found support in the 6500-6550 area multiple times, and once that held, the effects of higher volatility didn't seem to matter much at all. Now $SPX is making new all-time highs this morning.
Join Larry McMillan as he discusses the current state of the stock market on October 20, 2025.
The market has definitely run into some trouble, and this time it might be significant. However, $SPX has held at a well- defined support level several times now, so that gives us a clear demarcation line between bullish and bearish on the chart.
Trouble initially began recently on October 10th, when the new round of China tariffs was threatened. The market threw a "tariff tantrum," and stock prices plunged. The lows that day were near 6500.
Join Larry McMillan as he discusses the current state of the stock market on October 13, 2025.
Join Larry McMillan as he discusses the current state of the stock market on October 6, 2025.
The stock market didn't seem to care much about the government shutdown at all. This is a government spending shutdown and is not nearly as negative for stocks as would be a government default. In general, the stock market seems to drop initially and then moves on to other things. This time, there have been nothing but higher highs by $SPX since the shutdown began. These are all new all-time highs by the Index.
Join Larry McMillan as he discusses the current state of the stock market on September 29, 2025.
