By Lawrence G. McMillanA week ago, on Friday March 8th, $SPX blasted to a new all- time intraday high at 5189 but then reversed down sharply over 60 points that same day. That led a lot of weekend...
By Lawrence G. McMillanThis market just keeps rolling along. It is overbought, but that's probably a good thing rather than a bad thing. As the noted Smith Barney technician, the late Alan Shaw, said...
By Lawrence G. McMillanThe normal version of “Dogs of the Dow” is a trading/dividend strategy in which one buys the 5 or 6 worst performing Dow stocks of the 30 Industrials at the end of one year and...
By Lawrence G. McMillanAfter gapping sharply higher on the NVDA earnings (February 22nd), $SPX slowed down a little but did not really pull back strongly. In fact, the Index made another new closing...
By Lawrence G. McMillanEvery week there seems to be a small "saga" that affects the market briefly for only a day or two. Then, stocks roar back (at least some stocks do), carrying the major indices...
By Lawrence G. McMillanThe weighted equity-only put-call ratio curled upward yesterday from extremely low levels, and the computer analysis programs rate this as a sell signal. The standard ratio did...