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By Lawrence G. McMillan$SPX broke out to new highs, and that is bullish, but severe overbought conditions still exist.$SPX has support at 1750-1770, the range it traded in for a couple of weeks....
By Lawrence G. McMillanWednesday was a very powerful, bullish day.  It mirrored the action of last Friday: S&P futures were trading down sharply before the NYSE open, but once that market...
By Lawrence G. McMillanThe broad stock market, as measured by the Standard & Poors 500 Index ($SPX) was seemingly impervious to an increasing overbought condition.  But today after moving to...
By Lawrence G. McMillanThe stock market is once again overbought, and we have done more research into what we hope will be effective systems for taking advantage of these conditions.  Most of...
By Lawrence G. McMillanStocks can go down, and it now looks like they will.  The market, as measured by the Standard & Poors 500 Index ($SPX) continued to rise at a dizzying pace until the...
MAC Mentoring head director and instructor Stan Freifeld was recently interviewed on Ken Robert's Bulls and Bears Report. Stan discusses his beginnings in the options industry and provides some...
By Lawrence G. McMillanFor some reason, traders seemed to take the benign Fed meeting announcement as negative.  At least they sold after the meeting ended.  That’s the fourth time...
By Lawrence G. McMillanFrom mid-morning just two weeks ago (October 9th) through Tuesday's close, the Standard & Poors 500 Index ($SPX) rose 115 points. That is impressive, but the advance has...
By Lawrence G. McMillanOne of our customers recently asked a good option-related question regarding premium in index options.  This is a fairly common inquiry so I figured my response is worth...
By Craig HilsenrathWe are pleased to announce the release of Option Workbench 2.2. This new version of Option Workbench contains several new features that make finding opportunities even easier and...

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