Oct, 14, 2011
By Lawrence G. McMillanThe pace of the recent rally was such that the market is now short-term overbought. For all the movement, $SPX is still within the confines of a wide, volatile trading range...
Oct, 13, 2011
By Lawrence G. McMillanWe have detailed many oversold conditions in the last two months, and in this article we’re going to look at a couple that haven’t been previously discussed. ...
Oct, 13, 2011
By Lawrence G. McMillanThe strong rally in the Standard & Poor’s 500 Index that has taken place in the last week is certainly noteworthy. The index is up from roughly 1070 to 1220 in six...
Oct, 11, 2011
By Lawrence G. McMillanSunday's overnight rally turned into a full-blown "melt up" by midday on Monday, as traders were literally in a panic to buy stocks. It was a "90% up day" nearly all day...
Oct, 06, 2011
By Lawrence G. McMillanThe general market, as measured by the Standard & Poor’s 500 Index, broke down badly this week, smashing through previous support at 1,120 and 1,100, and registering...
Oct, 05, 2011
By Lawrence G. McMillanThese oversold rallies are unbelievably strong – especially this one, which was preceded by three of four days in the “90% down day” category. Yesterday...
Oct, 03, 2011
By Lawrence G. McMillan...The equity-only put-call ratios have rolled over to sell signals, and that is a major technical factor, in my opinion. Technically, the standard ratio was not yet a...
Oct, 03, 2011
By Lawrence G. McMillanThe CBOE has created “variance strips,” which is a way in which you can trade entire strips of $SPX options that are constructed according to the formula for...
Sep, 30, 2011
By Lawrence G. McMillanSource: CFE-CBOEEconomic and technical worries have seemed to keep VIX at generally high levels for the entire last month. VIX has generally remained above 30 since first...
Sep, 30, 2011
By Lawrence G. McMillanThe main feature of the current market is high volatility. Even though $SPX has been contained within essentially an 80- to 100-point trading range (bound by 1100-1120 on the...
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