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...
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...
By Lawrence G. McMillanWe often say that it is positive for an emerging bull trend to get heavily overbought – that this is an indication that the rally is strong and broad. In this article, we...
By Lawrence G. McMillanThe broad market, as measured by the S&P 500 Index ($SPX) remains in a bullish uptrend. The recent selling has drawn the index down from the top of the bullish channel...
By Lawrence G. McMillanThe long-awaited correction appears to have begun. So far, the damage is minimal and is completely within the realm of an overbought correction. However, all declines start out...
By Lawrence G. McMillanThe stock market continues to be resilient, if dull. The bears have not been able to force prices downward, despite what was a very overbought condition a week ago.Equity...
By Lawrence G. McMillanThe stock market loves the fact that the Fed announced an other round of easing (QE III) but also hinted that such operations would continue into the foreseeable future (QE...
By Lawrence G. McMillanYesterday's market was one of the quietest days so far. $SPX had a total range of 5.34 points for the entire day. That is minuscule. In recent months, this sort of...
By Lawrence G. McMillanThe stock market continues to march higher, listening to its own bullish rhythms and eschewing the potentially bad news that has kept many investors on the sidelines.Today's...
By Lawrence G. McMillanAs traders and investors express more of an appetite for derivative products, the research departments at the exchanges (primarily the CBOE) and at various creators of...