Nov, 19, 2018
By Lawrence G. McMillanIf you enjoy seasonal trading patterns, they abound from the end of October (the “October Seasonal,” which was strong this year), through the beginning of the new year (the “...
Nov, 16, 2018
By Lawrence G. McMillanSeveral times, we have mentioned the fact that in a bear market, there is usually selling in October, followed by a strong October Seasonal rally, and then a failure of that...
Nov, 16, 2018
By Lawrence G. McMillanA break of support at 2580-2600 would likely augur for a retest of the February lows at 2530. A failure there, and the real bear market should unfold -- but perhaps not until...
Nov, 09, 2018
By Lawrence G. McMillanThis week saw the ninth biggest one-day point gain in the $SPX in history, as it rose 58.44 points on Wednesday. With that, $SPX had rallied over 200 points in a straight up...
Nov, 09, 2018
By Lawrence G. McMillanOn Wednesday, $SPX made a huge move to the upside, rising 58.44 points in a massive display of buy programs that lasted right into the closing bell. Is this the way the market...
Nov, 02, 2018
By Lawrence G. McMillanSome very wide (and wild) swings have taken place in the market in the last week. Has this changed anything as far as the intermediate-term trend goes? Probably not, but it...
Oct, 26, 2018
By Lawrence G. McMillanConventional wisdom holds that October is a bear killer. That is, the market starts to head south in September, accelerates in early October, and then bottoms some time in...
Oct, 26, 2018
By Lawrence G. McMillanHeavy selling continues to engulf the market on most days. The next support level appears to be roughly in the 2580-2600 area, which is the closing lows of February and April...
Oct, 19, 2018
By Lawrence G. McMillanMarket shocks can come in a variety of forms. Sometimes the market is wary that a correction might occur. Sometimes it is blissfully unaware of the dangers that lie ahead....
Oct, 19, 2018
By Lawrence G. McMillanAfter two horrendous days on October 10th and 11th, the market experienced a solid oversold bounce. Some buy signals were even generated from that bounce, but now it seems to...
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