Recent Blogs

Mar, 14, 2012

VIX Term Structure At Historic Levels ($VIX)

By Lawrence G. McMillanThe gaps between historical volatility and implied volatility have never been larger. Furthermore, the gaps between $VIX and the intermediate-to-long-term futures have...

Mar, 13, 2012

The “First Day of the Month” Trading System

By Lawrence G. McMillanAbout this time last year, a popular study was released that showed the results of trading just the first trading day of the month. That is, buy “the market”...

Mar, 12, 2012

The Law Of Large Numbers: An Editorial

By Lawrence G. McMillanIt’s one thing when the media distorts facts, but it’s an entirely different matter when they try to change the definitions of mathematics. Mathematician...

Mar, 09, 2012

Weekly Commentary 3/9/2012

By Lawrence G. McMillanA small market correction finally occurred this week, but it seems like it was nothing more than an opportunity for the bulls to buy at lower prices. $SPX once again...

Mar, 08, 2012

Short Subjects - 1st day of the month, VXX, The Law of Large Numbers, Levitation, etc

By Lawrence G. McMillanFor a market that has been rather dull and steady, there certainly seems to be a large number of interesting items to talk and write about. So, this week, we’re...

Mar, 08, 2012

In focus: Higher volatility lies ahead

By Lawrence G. McMillanThe levitation act is over. History shows us that the market is about to become more volatile. However, the market move can be in either direction.Sellers finally swarmed all...

Mar, 06, 2012

Equity-only put-call ratios both on confirmed sell signals

By Lawrence G. McMillanThe pressure that has been building is weighing more heavily on the market now. This will be the 10th day in the last 11 that “stocks only” breadth has been...

Mar, 02, 2012

Weekly Commentary 3/2/2012

By Lawrence G. McMillanPerhaps the first crack in the armor of this slow-motion bull market occurred this week, after Ben Bernanke spooked the market with his contention that there wouldn't be...

Mar, 01, 2012

Expect more volatility in March

By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — As this bull market has progressed — especially the most recent leg since the early October lows of 2011 — volatility has...

Mar, 01, 2012

In focus: A crack in the dam?

By Lawrence G. McMillanBen Bernanke doesn’t have a lot of friends these days, and he lost some of those with his statements before Congress yesterday.His indications that there wouldn’t...

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