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By Lawrence G. McMillanIn this morning’s comment (in the Volatility Report), it was shown that several of the other indicators had turned negative as of yesterday’s close.  That...
By Lawrence G. McMillanThe stock market has run into a little trouble this week.  Things started out well enough, with a strong rally on Monday taking $SPX to new post-2008 highs.  However...
By Lawrence G. McMillanThe Standard & Poor’s 500 Index pulled back sharply over the last two days. Ostensibly, this is in response to the FOMC minutes that were released yesterday, in which...
By Lawrence G. McMillanWhat had seemed like a typical correction yesterday has now blossomed into something more serious. Whether the FOMC minutes yesterday are really making people sell stocks (no...
By Lawrence G. McMillanAfter a rousing start to the week, with $SPX breaking out to new post- 2008 highs, some selling has set in. To date, the selling has been modest and falls into the category of...
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — Despite the occasional overbought condition, the stock market – as measured by the Standard & Poors 500 Index — continues...
By Lawrence G. McMillanYesterday seemed to be a typical “Turnaround Tuesday” – an opposite reaction to a strong market move on Monday.  In the past, this was a common...
By Lawrence G. McMillanThe market is taking a small breather today after yesterday’s strong bullish move.  There doesn’t seem to be anything that would indicate this is more than a...
By Lawrence G. McMillan The stock market, as measured by $SPX, continued to advance in a narrow low-volatility manner. There is solid support at 1375-1380. Equity-only put-call ratios continue to...
By Lawrence G. McMillanWe have been writing commentary for months now, detailing the steepness of the $VIX futures term structure.  But recently, it has risen to levels never seen before in the...

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