By Lawrence G. McMillanMonday and Tuesday had all the earmarks of panic selling, but it has shaken the confidence that had been gathered throughout the strong October rally.Once again, it seems that...
By Lawrence G. McMillanYesterday had all the earmarks of panic selling, but it has shaken the confidence that had been gathered throughout the strong October rally. Once again, it seems that...
By Lawrence G. McMillanToday’s move saw $SPX blow right through the resistance at 1260 and also through the 200-day moving average at 1272. Those are both significant levels to have...
By Lawrence G. McMillanOnce again, it appears the October has become the “bear killer.” Yes, volatility is still high and put volume is still heavy, so there are clearly worries out there...
By Lawrence G. McMillanThe market, as measured by the Standard & Poors 500 Index, finally broke out of the tight 1190-1220 range this week — to the upside. Since then there have been two...
By Lawrence G. McMillanThe stock market remains volatile within an ever-narrowing range. For ten days now, $SPX has traded within a range of 1190 to 1230. Clearly a breakout of that range should be...
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — The stock market, as measured by the Standard & Poor’s 500 Index, reached a very important point: the top of the trading range...
By Lawrence G. McMillanA week ago, we stated that the market was at a crucial juncture — that it had rallied to the 1,220-1,230 area on the Standard & Poor’s 500 Index and that it was...
The October VIX Futures settled at 33.15 this morning, down 57 cents from last month's settlement. This is the third month in a row that the futures expired with a value above 30. This...
By Lawrence G. McMillanSource: Barron'sTraders of volatility derivatives -- futures, options, or exchange-traded funds and notes -- often wonder why the VIX, or the Chicago Board Options Exchange...