By Lawrence G. McMillan At the current time, $SPX is making new all-time highs daily (four days in a row and five of the last seven). Hence, the $SPX chart is very bullish. There is a support...
By Lawrence G. McMillanWe all know there are risks to 0DTE trading – mostly the swift time decay, changing delta and gamma, and potentially violent price moves by the underlying. But serious...
By Lawrence G. McMillanJust a week ago, $SPX had broken down below support at 5260, and it seemed like the bears might be flexing their muscles. But it was a weak decline, which abruptly turned...
By Lawrence G. McMillanBack in 2014, we published an article entitled “Sell In May and Go Away...or don’t.” At this time, we’re going to update the data in that article and discuss what it...
By Lawrence G. McMillanStocks seemed a little "tired" after making new all-time highs earlier in May. $SPX traded in a fairly tight trading range between 5260 and 5340 for two weeks. The support at...
By Lawrence G. McMillanThe broad stock market, as represented by $SPX, held at new highs for most of this week while a number of fundamental events took place: bond auction (a yawner), Fed minutes (...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 23, No. 9&10 on May 23, 2014. One of the luxuries of publishing a “double...