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By Lawrence G. McMillanThe stock market has made new all-time highs this week, both on an intraday and a closing basis. $SPX has done so, and other major indices that have followed include the Dow...
By Lawrence G. McMillan$SPX, stalled out at about 6020, and has seen a modest amount of selling since November 8th. But the damage has been limited, and there is now a more positive development...
By Lawrence G. McMillanStocks have struggled a little this week, after roaring higher post- election. On the $SPX chart, there is resistance in the 6010- 6020 area, where prices peaked on four...
By Lawrence G. McMillanThe Presidential election victory by former President Donald Trump proved to be a very positive catalyst for stocks. $SPX gapped to a new all-time high on the next trading day...
By Lawrence G. McMillanThe broad market has stalled out at about 5870 and has pulled back from there. So, that is short-term resistance. The sharp pullback on October 31st didn't quite reach the...