By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — Ever since the stock market, as measured by the Standard & Poor’s 500 Index SPX broke down through support late last...
By Lawrence G. McMillanEver since the stock market, as measured by the Standard & Poors 500 Index ($SPX) broke down through support late last month (on October 23rd), the bulls have been...
By Lawrence G. McMillanThe stock market — as measured by the Standard & Poors 500 Index SPX +1.04% — is struggling to stabilize after last week’s breakdown below support...
By Lawrence G. McMillanThe fall of the year is a time when we trade two of our better seasonal patterns – The (month-end) October Seasonal buy and the Heating Oil Gasoline spread. In fact...
By Lawrence G. McMillanFor a considerable period of time, $SPX refused to break down. From the June lows to the October highs, the trend was steadily upward as $SPX traded in a bullish channel...
By Lawrence G. McMillanSince early June, the stock market — as measured by the Standard & Poors 500 Index SPX had remained in a steady uptrend channel. On Tuesday, however, SPX not only...
By Lawrence G. McMillanA major support level has finally given way. With $SPX falling below 1430, a lot of selling was unleashed into the market. Rally attempts were made, but without...
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...
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,...
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...