$SPX has not made new highs (yet), but it has broken out above the 20-day moving average, the downtrend line from the highs, and the short-term resistance that had developed in the 1300-1320 area....
The broad stock market, as measured by the S&P 500 Index (SPXSM) finally had a pullback. However, the CBOE Volatility Index (VIX) responded only in a modest upward fashion. As a...
When a bullish market is too steady for too long, overbought conditions occur. These are normal and are usually worked off by a (perhaps) sharp, but short-lived correction. However, there are other...
The following Market Commentary is an abbreviated version of the commentary featured in The Option Strategist Newsletter. $SPX fell rather sharply in the days after it made a new high on November 5th...
Larry McMillan will be doing a free webinar for TradeStation on December 7th. See the press release below for more information and to sign up. GlobeNewswire - Nov 15 at 07:40 Company Symbols: NASDAQ...
The following Market Commentary is an abbreviated version of the commentary featured in The Option Strategist Newsletter. The S&P 500 Index ($SPX) could not hold the attempted break out over...
Larry McMillan was recently interviewed by the Market Technicians Association. Listen to the interview at http://media.mta.org/podcasts/2010-NOV09-larrymcmillan.mp3. Visit the MTA Website at http://...
The following Market Commentary is an abbreviated version of the commentary featured in The Option Strategist Newsletter.Despite good strength following the FOMC meeting, the market has to clear two...
The market is in something of a holding pattern as this is election day, 2010. The expectations are, of course, for a Republican victory to reclaim the House, and now there is even a reasonable...
A rather large difference has developed between the two major equity-only put-call ratios. In fact, when we look at many of the other broad-based index put-call ratios, we see similar...