By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — The Standard & Poor’s 500 Index is hovering near 1,260 once again. What makes this significant is that this is the area not...
By Lawrence G. McMillanThe Standard and Poors 500 Index ($SPX) is hovering near 1260 once again. What makes this significant is that this is the area not only of the 200-day moving average of...
By Lawrence G. McMillanDespite positive seasonality, strong upside momentum, and buy signals among the various indicators, the market — as measured by Standard & Poor’s 500 Index...
By Lawrence G. McMillanIn this morning’s comment, I mentioned that the previous two times $SPX failed to break through the area of resistance in the 1260-1270 area, it turned down sharply....
By Lawrence G. McMillan...We still expect a bear market to unfold – one that will be far more severe than what we’ve seen in the last few months (although perhaps not so volatile). ...
By Lawrence G. McMillanTuesday's big rally was enough to swing things over to the bullish camp, heading into the year-end. The continued bullishness has carried the market to the point where it has...
By Lawrence G. McMillanWith this newsletter, we have reached 20 full years of publication. Hopefully, there will be 20 more! As far as the stock market goes, it was a pretty wild year,...
By Lawrence G. McMillanFor nearly two weeks, the market – as measured by the S&P 500 Index – had mostly declined. From a high of 1,261 on Dec. 7, the index fell to nearly 1,200 by...
By Lawrence G. McMillanThe $VIX settlement occurred this morning (Wednesday, 12/21/2011) at the opening. It was a rather unusual settlement - something we've not really see before. ...
By Lawrence G. McMillanThe oversold conditions, coupled with some positive news out of Europe, created a buying vortex yesterday. This was so strong, that it was (of course) a true "90% up day...