By Lawrence G. McMillanThe stock market, whether measured by the Standard & Poor’s 500 Index or any other major index, has become downright boring.After the upside breakout on the first...
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By Lawrence G. McMillanMonday was a very boring market day (again), which did nothing to chance the technical situation at all. Breadth was actually fairly positive, so the breadth oscillators...
By Lawrence G. McMillanThe stock market finally was able to take advantage of the favorable seasonal pattern and break out to the upside. It is now imperative that $SPX take out the October...
By Lawrence G. McMillanThe new year started with a strong rally, although the reasons for the rally were less than stellar. Basically, I think one can say that the reason investors bought on Tuesday...
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — The Standard & Poor’s 500 Index is hovering near 1,260 once again. What makes this significant is that this is the area not...
By Lawrence G. McMillanThe Standard and Poors 500 Index ($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). ...