Join Larry McMillan as he discusses the current state of the stock market on September 28, 2026.
This market continues to be one with a huge split between the technical indicators. The market internals (breadth, put-call ratios, New Highs vs. New Lows) remain in terrible shape. However, the $SPX chart itself has regained a positive stance, with last Monday's gains breaking through the downtrend line that had existed. Moreover, the various indicators surrounding $VIX remain positive.
Join Larry McMillan as he discusses the current state of the stock market on September 21, 2026.
This past week saw further deterioration -- by the $SPX Index as well as the internal indicators. $SPX sold off, but then tried to snap back with a big rally on Thursday, but it is not all that convincing. But, in reality, the 100-point rally just seemed to be an oversold rally. It didn't even reach the declining 20-day Moving Average, much less challenge the downtrend (purple) line on the chart.
Join Larry McMillan as he discusses the current state of the stock market on September 14, 2026.
Join Larry McMillan as he discusses the current state of the stock market on September 8, 2026.
Join Larry McMillan as he discusses the current state of the stock market on August 31, 2026.
Join Larry McMillan as he discusses the current state of the stock market on August 24, 2026.
A week ago, it seemed that $SPX had a renewed upside momentum, as it was making new all- time highs and internal indicators were improving. But there has been no follow-through this week, and it seems that bullish momentum has been lost. The "culprit" seems to be an increase in T-Bond rates, although that hasn't mattered much before.
Join Larry McMillan as he discusses the current state of the stock market on August 3, 2026.
