By Lawrence G. McMillanThe oversold rally has carried farther than many had expected. This is not too surprising, for the market is attempting to fool as many people as it can. We have participated...
By Lawrence G. McMillanWe often talk about how the stock market usually trends in the opposite direction from volatility ($VIX). But how do we really measure the trend of $VIX? Often, we use the 20-...
By Lawrence G. McMillanStocks rallied very strongly this week, and the gains that have been registered since Christmas have been spectacular. This has caused most fundamental investors, and...
By Lawrence G. McMillanWe're proud to announce that Lawrence G. McMillan's maket classic Options As A Strategic Investment recently placed number one on Benzinga's list of The Best Options Trading...
By Lawrence G. McMillanThe $SPX chart is still bearish, as it continues to exhibit a series of lower highs and lower lows, occurring beneath a declining 200-day Moving Average. That is a bear market...
By Lawrence G. McMillanIn falling as far as it has, $SPX broke below almost all of the support areas that had been in place. There is now support at 2350 -- last Monday's lows. There was also a bit...
By Lawrence G. McMillanThe bears have a tight grasp on this market right now, which is a bit surprising since it is so late in the calendar year. Typically by this time, even in bear markets, there...
By Lawrence G. McMillanThe action in the stock market is getting more volatile, at least in realized terms (implied volatility has not kept pace). The bottom line is that resistance at 2800-2820 has...
By Lawrence G. McMillanThere have been a number of positive developments in the past week or so: buy signals, oversold conditions producing rallies, and so forth. But the primary concern is how the $...
By Lawrence G. McMillanThe $SPX chart remains bearish. This week's action did not decline far enough to be a test of the October lows. The support area at 2580-2600 remains the bulls' best hope at...