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By Lawrence G. McMillanIn a brazen display of strength, the stock market — as measured by the Standard & Poor’s 500 Index — held up very well this week. Tuesday was perhaps the...
By Lawrence G. McMillanThe market had all kinds of good news hurdles to overcome yesterday, and it did a pretty good job of it.   The number of traders looking to sell when either a) the Greek...
By Lawrence G. McMillanWas the two-day selloff on Tuesday and Wednesday of this week enough to refuel the bulls?  It may have been.$SPX closed at a new high for this post-October rally, although...
By Lawrence G. McMillanThe stock market has generally persisted in rising, albeit at a slower and slower pace, but it has taken on the appearance of a very tired entity. Therefore, we expect that the...
By Lawrence G. McMillanThe stock market refuses to back off. This is making TV commentators gleeful, but experienced traders are finding such one-sided action to be a bit dangerous.$SPX has not yet...
By Lawrence G. McMillanThe CBOE’s Futures Exchange introduced futures on the volatility index, $VIX, in 2004 and began trading options on $VIX in 2006.  The Barclay’s Volatility ETN...
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — As much as I like the intermediate-term picture, where nearly all of our indicators remain bullish, the overbought condition that has...
By Lawrence G. McMillanThe market continues to repeat itself with great frequency these days.  Once again, early selling was reversed, and now the market is trading near its highs for the days...
By Lawrence G. McMillanThe market continues to rise, mostly in a very slow-motion fashion. Meanwhile, overbought conditions are building.  $SPX has bumped up against the 1330 level for three...
By Lawrence G. McMillanThe stock market, as measured by the S&P 500 Index, has had an impressive year so far. A strong month of January wound up with the typical seasonal buy programs which have...

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