Sep, 09, 2011
By Lawrence G. McMillanThe chart of $SPX has developed a very interesting characteristic: there is a rising channel -- called a "pennant" on the chart. A breakdown below the lower...
Sep, 07, 2011
By Lawrence G. McMillanThe stock market has been swinging back and forth in wide ranges, moving from deeply oversold to deeply overbought and back again with extreme moves.After appearing to have a...
Sep, 07, 2011
By Lawrence G. McMillanBuyers finally emerged yesterday afternoon and they have continued into today. In my mind, the complete impetus for this rally was the severe oversold condition that had...
Sep, 07, 2011
Larry's new book, Options For Volatile Markets, received a positive review by Brenda Jubin at Seeking Alpha. Jubin Writes:We live in volatile times. Long gone is the decade that saw the...
Sep, 02, 2011
By Lawrence G. McMillanTechnical indicators have turned more bullish in the past week, so the current rally probably has more room to run. The chart of $SPX has taken on a slightly more bullish...
Sep, 01, 2011
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — After Federal Reserve Chairman Ben Bernanke’s speech last Friday, the market sold off rather sharply. But once that selling got out...
Aug, 30, 2011
By Lawrence G. McMillanThe market responded to a number of factors on Monday to put together one of the strongest days of the year. Perhaps too strong (for example, advancing volume on the NYSE...
Aug, 26, 2011
By Lawrence G. McMillanThe S&P 500 Index ($SPX) has established 1120 as a support area, but it remains negative in that it is trending downward.Equity-only put-call ratios are still rising on...
Aug, 25, 2011
By Lawrence G. McMillanVertical skews appear in option prices during times of panic and in futures prices in terms of euphoria. Since we have been experiencing a lot of both lately, we have...
Aug, 25, 2011
By Lawrence G. McMillanThe rally that was underway a week ago ended abruptly, and the Standard & Poor’s 500 Index traded back down to its lows at 1,120. After a few days of testing that...
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