By Lawrence G. McMillanThere have only been four down days in January, and as a result the market is very overbought. The intermediate-term indicators are mostly still positive at this time,...
By Lawrence G. McMillanAn indicator that doesn’t get a lot of attention is how many stocks are above or below their moving averages. In this article, we’re going to take a look at...
By Lawrence G. McMillanThe stock market, as measured by the Standard & Poor’s 500 Index (SPX) has been struggling this week. It hasn’t been going down, but it’s been...
By Lawrence G. McMillanFriday was another boring market day, with $SPX in a 6-point range. The reality of the situation seems to have struck $VIX traders, though, as that index lost another 8%...
By Lawrence G. McMillanThe stock market continues its slow steady march upward. The $SPX chart is becoming stretched, though, and is somewhat overbought. The equity-only put...
By Lawrence G. McMillanThe stock market, as measured by the Standard & Poor’s 500 Index and other major indexes, continues to plow forward at a relatively slow, steady pace.Since the S&...
By Lawrence G. McMillanThe CBOE Futures Exchange (CFE) has launched a new volatility futures contract – this time on the Emerging Markets ETF (EEM). The volatility index (i.e., the EEM...
By Lawrence G. McMillanEach fall we recommend a spread: long Gasoline, short Heating Oil. This fall, the spread had its best year ever. The entry date, Friday November 18th, was perfectly...
By Lawrence G. McMillan The over-riding characteristic of this market since the first of the year is boredom. Daily ranges are tiny, and volatility is practically non- existent. This is ironic, of...
By Lawrence G. McMillanThis issue contains our annual analysis of the trades we’ve made in the past in The Option Strategist Newsletter. 2011 was a very good year for hedged positions,...