By Lawrence G. McMillanThe common perception among option traders is that option buying is the “best” approach to a speculative situation because of the great leverage that the calls or...
By Lawrence G. McMillanThe market is using the excuse of potential Syrian bombing to sell off sharply. Yesterday was one of the ugliest days of the year, but still wasn’t all that...
By Lawrence G. McMillanNearly all of our indicators turned bearish in the last two weeks. The breakdown of the Standard & Poors 500 Index ($SPX) below support at 1680 was the trigger that turned...
By Lawrence G. McMillanThe Standard & Poors 500 Index ($SPX)) broke down below the important support level of 1670-1680 today and, in doing so, unleashed a torrent of sell signals. The...
By Lawrence G. McMillanThe recent pattern of a late-day rally was broken yesterday, and it may have larger ramifications. Prices declined mostly all day yesterday, and it was especially...
By Lawrence G. McMillanThe feature article deals with two indicators that we have occasionally referenced. They are long- to intermediate-term indicators and both are either on a sell signal or...
By Lawrence G. McMillanThe overbought conditions that had existed a couple of weeks ago were largely worked off by a sideways to slightly down stock market, as measured by the Standard & Poors...
By Lawrence G. McMillanTwo indicators that we have only briefly discussed in the past are now at an overbought state. Since each has merit, it was decided that a study should be done on the...
The recording of Craig Hilsenrath's Probability and Expected Value webinar is now available for viewing in the free option tools section of our site. Read the description below and click here to view...
By Lawrence G. McMillanStock market bulls are keeping the upside pressure on, forcing short covering and other unwanted maneuvers from the bears’ point of view.While overbought conditions are...