By Lawrence G. McMillanWhen $SPX broke out over 4300 on June 9th, a strong rally was unleashed. Perhaps that rally got carried away, as several indicators moved into overbought territory, and the...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on June 20, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanIn a rather stunning move, Barclay’s Bank PLC, the underwriter of the iPath series of ETNs1, announced that it is closing 21 of them. The majority of the notes set to be...
By Lawrence G. McMillanNow that $SPX has broken out of the extended trading range (essentially 3800-4200, which lasted for over six months), it is gaining momentum as traders are trying to "catch up...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on June 12, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanThe broad stock market confirmed the breakout over 4200, with only a minor consolidation. Now it is attempting to break out above 4300, which is the next resistance level. If...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on June 5, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanThe market finally looks like it is breaking out on the upside. After numerous failed attempts to exceed and hold above 4200, $SPX seems to be on the way to doing just that. If...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on May 30, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanThe trading range environment for $SPX is still in place. The horizontal lines on the chart in Figure 1 depict the extent of the three most prominent ranges that are in place...