By Lawrence G. McMillanIt seems that everything is quite bullish, and we are merely awaiting confirmation from the $SPX chart. That is, we need to see $SPX trade solidly at a new all-time high in...
By Lawrence G. McMillanWe recently upgraded our Free Probability Calculator, making it an even more useful tool for traders who want a deeper understanding of market expectations. The calculator...
By Lawrence G. McMillanWe’ve just published a detailed Substack post walking through the core principles of covered call writing—a strategy many traders use for income, but one that carries important...
By Lawrence G. McMillanLast week, I didn’t get all the statistics into the newsletter regarding the post-Thanksgiving trading, plus other related T-day trades. So, here’s a quick summary...
By Lawrence G. McMillanRecently, I have been seeing some references to the “wheel” strategy. Of course, they come with all kinds of accolades about how you can’t lose, etc. I thought it might be a...
By Lawrence G. McMillanThe market has stalled near the top of the 6500-6900 trading range. This comes after a strong rally the week of Thanksgiving. But unless there is a clear breakout to new all-...
If you’re looking to strengthen your trading discipline, I’ve just posted a new Substack article and video on what I consider the most important part of trading: risk management. In it, I walk...
By Lawrence G. McMillanThe stock market sold off fairy heavily into the 6500-6550 support zone for $SPX on November 14, but then it rallied strongly off of that support area. That support has been...