Oct, 19, 2012
By Lawrence G. McMillanA week ago, stocks seemed to be on the brink of breaking down. But the bulls regrouped, and $SPX rallied strongly off of that support base. Hence, the 1425-1430 area is now...
Oct, 18, 2012
By Lawrence G. McMillanThe Standard and Poor’s 500 Index (SPX) was under a reasonably large amount of pressure last week. By week’s end, it had declined to 1425 — a support level,...
Oct, 17, 2012
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — The stock market has generally been declining since September 14th — the day after the Fed announced the latest round of...
Oct, 16, 2012
By Lawrence G. McMillan$SPX rallied strong yesterday, bouncing off the support at 1425-1430, and that support was/is bolstered by the rising trendline at the bottom of the trading channel that has...
Oct, 12, 2012
By Lawrence G. McMillanWhat is interesting to one person may not necessarily be interesting to another. For example, I find it interesting that Joe Girardi finally had the guts to pinch-hit A-...
Oct, 12, 2012
By Lawrence G. McMillanWe have been bullish continuously since early June. But recent events and indicator changes have put this short-term forecast into jeopardy. $SPX has support at 1430 from two...
Oct, 11, 2012
By Lawrence G. McMillanAs readers know, we have been bullish continuously since early June. Even as late as a week ago, it still seemed possible for this market to move higher over the short term....
Oct, 05, 2012
By Lawrence G. McMillanThe stock market continues to mark time, in the wake of the massive overbought condition that arose on September 14th -- right after the Fed announced the latest round of...
Oct, 04, 2012
By Lawrence G. McMillanThe stock market continues to mark time, not really declining much as it works off the overbought condition from a couple of weeks ago. It is still our opinion that once this...
Oct, 03, 2012
By Ryan BrennanNaked put-selling is a very popular and potentially profitable trading strategy, but choosing what puts to sell can sometimes be a guessing game. McMillan's Probability...
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