By Lawrence G. McMillanStocks fell sharply after the beginning of the month of April and reached an oversold condition about a week ago. Since then, a strong oversold rally has unfolded, generating...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 10, No. 11 on June 14, 2001. In looking back over past issues, it is apparent...
By Lawrence G. McMillanFor quite some time the $SPX chart has been able to rely on support at 5050. The market traded in an area between 5050 and 5180 for nearly a month from mid-February through mid...
By Lawrence G. McMillanSelling has picked up this week, but mostly on the one big down day on which the CPI report came out. CPI itself wasn't up much (0.1%), but the implications are that rate cuts...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 22, No. 14 on July 26, 2013. When one says that “the market” is overbought, he...
By Lawrence G. McMillanThings were rolling along pretty smoothly, with $SPX having made new all-time closing and intraday highs on March 28th. There was a little pullback at the beginning of this...