Nov, 17, 2017
By Lawrence G. McMillan$SPX remains in a bullish trend, despite breaking one support level this week -- a level which it quickly recovered. There is support at 2557 (Wednesday's low, from which...
Nov, 16, 2017
By Lawrence G. McMillan This article was originally published in The Option Strategist Newsletter Volume 9, No. 7 on April 13, 2000. The CBOE’s Volatility Index ($VIX) has been a stalwart...
Nov, 15, 2017
By Lawrence G. McMillan As noted on page 1, a divergence has developed between $SPX (and the other major indices) – which have all been making new all-time highs – and the Russell 2000 ($RUT, IWM),...
Nov, 14, 2017
By Lawrence G. McMillanThis has been a successful seasonal trade in many years, and the last two years were the second and third best years in our history. We have used this in 23 of the past...
Nov, 10, 2017
By Lawrence G. McMillanA few of our subscribers have been rather nervous about the fact that the mBB sell signal has not produced immediate results. The sell signal occurred on October 25th,...
Nov, 10, 2017
By Lawrence G. McMillanYesterday's action was the first time in quite a while that the market has reacted to negative news. An overbought $SPX sold off nearly 30 points on news that the Senate is...
Nov, 03, 2017
By Lawrence G. McMillanStock prices continue to rise, in general. There does seem to be a slowing of the upward momentum, but considering how overbought the market had gotten, much more was expected...
Oct, 27, 2017
By Lawrence G. McMillanThe $SPX chart in Figure 1 is still a bullish chart. The moving averages are all trending higher. There is support at 2544 (this week's intraday reversal low), with more...
Oct, 20, 2017
By Lawrence G. McMillanThe S&P 500 Index ($SPX) has now made a new all-time closing or intraday high on 15 of the last 17 trading days. When the bears fail to capitalize on a selling opportunity...
Oct, 13, 2017
By Lawrence G. McMillanThe major indices pushed to new all-time highs again this week, although at a snail's pace. The $SPX chart is in a strong uptrend, and that is simply bullish. In...
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