Recent Blogs

Feb, 06, 2013

Why Trade “The Market”? Just Trade “Volatility” Instead!

By Lawrence G. McMillanThe “game” of stock market predicting holds appeal for many because one who can do it seems powerful and intelligent. Everyone has his favorite indicators, analysis...

Feb, 01, 2013

Weekly Stock Market Commentary 2/1/13

By Lawrence G. McMillanThe stock market, measured by almost any broad-based index, made it through the entire month of January in a completely bullish mode. Thus the bullish trend is intact. As...

Jan, 29, 2013

Futures & Options Tax Considerations: Section 1256 Contracts

By Lawrence G. McMillanSection 1256 trades include all futures trades, as well as futures options. They also include option trades on cash-based indices ($OEX and $SPX, and especially $VIX),...

Jan, 25, 2013

Weekly Stock Market Commentary 1/25/13

By Lawrence G. McMillanThe broad stock market continues to advance almost every day. $SPX is now trading at prices last since in December, 2007. It is not far from the all-time highs of October...

Jan, 24, 2013

Severely Overbought Market: What Does It Really Mean?

By Lawrence G. McMillanThere are several ways to measure an overbought market, and we’ll review many of them in this article. It is common knowledge that overbought markets eventually sell off...

Jan, 18, 2013

Upside breakout in an overbought environment

By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — After drifting sideways in a state of virtual somnambulation, the stock market finally broke out to the upside Thursday.It is now well...

Jan, 18, 2013

Weekly Stock Market Commentary 1/18/13

By Lawrence G. McMillanAfter drifting sideways in a state of virtual somnambulation, the stock market finally broke out to the upside Thursday. Based solely on the chart breakout, everything...

Jan, 17, 2013

Volatility Plunges: Sell Signal Looming - $SPX $VIX

By Lawrence G. McMillanAfter we last published The Option Strategist Newsletter, volatility spiked sharply higher for one day and then plunged. The plunge coincided with the passage of the...

Jan, 11, 2013

Weekly Commentary 1/11/13

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

S&P 500 pullback is likely - $SPX - $VIX - Put-Call Ratio

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...

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