By Lawrence G. McMillanStocks did an abrupt about face this week and have rallied strongly every day. At first, this rally was propelled by some strong oversold conditions and the fact that $SPX had...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter on November 16, 2018. Several times, we have mentioned the fact that in a bear market,...
By Lawrence G. McMillanThe dominating feature of the $SPX chart is the downtrend. Lower highs and lower lows: that's all you really need to be aware of. Don't overthink it. New lows were made again...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 20, No. 20 on October 28, 2011. Once again, it appears that October has become...
By Lawrence G. McMillanThe October Seasonal trade will take place this year. It is a very simple trade: buy “the market” at the close of trading on October 27th, and sell out your position on the...
By Lawrence G. McMillanThe simple fact is that the chart of $SPX is still in a downtrend. The pattern of lower highs and lower lows is still quite obvious on the chart, but I've drawn some red lines...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 9, No. 9 on May 11, 2000. More than a few customers have mentioned a “problem”...