Jan, 11, 2013
By Lawrence G. McMillanDespite overbought conditions, the market closed at a new post-2008 high. The breakout on the $SPX chart is not definitive yet, as it has just edged above the 2012 highs...
Jan, 09, 2013
By Lawrence G. McMillan MORRISTOWN, N.J. (MarketWatch) — The action of the stock market, as measured by the Standard & Poor’s 500 Index over the past couple of weeks, has been...
Jan, 04, 2013
By Lawrence G. McMillanThanks to a jittery market and some hijinks from our elected representatives in Washington, DC, the stock market had one of its biggest whipsaws this week. These...
Dec, 31, 2012
By Lawrence G. McMillanLast year, in discussing the second possible longer-term path for the market, I said “if this scenario were to play out, the market would bottom sometime in early 2012,...
Dec, 28, 2012
It’s that time of the year when reviews and forecasts are prevalent. As most of our subscribers know, for our purposes this is an exercise in theory more than practice, for we don’t...
Dec, 28, 2012
By Lawrence G. McMillanThe stock market, as measured by the S&P 500 Index ($SPX) has fallen about 40 points since mid-December. Much of this decline has come as the media beats the drum...
Dec, 26, 2012
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — I guess politicians don’t understand that the end of the year is supposed to be a time of holiday celebration and little market...
Dec, 21, 2012
By Lawrence G. McMillanI guess politicians don't understand that the end of the year is supposed to be a time of holiday celebration and little market movement. Amazingly, this sharp decline today...
Dec, 20, 2012
By Lawrence G. McMillanThe broad market, as measured by the Standard & Poor’s 500 Index has had a pretty good week. First, the 1,420 area was overcome, followed by a pullback to slightly...
Dec, 19, 2012
By Lawrence G. McMillanStocks continue to work higher. The main cause is the unwinding of previous pessimism (see put-call ratio charts, for example), although the media won’t believe...
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