Homepage
Market Commentary
Featured Products
A Daily Service Featuring Distressed Stocks, Special Situations and Event-Driven Option Trades.
Special Situation Alerts is McMillan Analysis Corp.'s newsletter service designed for the...
Put-Sale Candidates and Trades on a Daily Basis
The Daily Put-Writer is McMillan Analysis Corp.'s daily newsletter service for the avid put-seller. Delivered each afternoon, The Daily Put...
Get your autographed copy of the revised edition of the best-selling book on options*
...
Simulate the probability of making money in your stock or option position.
McMillan’s Probability Calculator is low-priced, easy-to-use software designed to estimate the probabilities...
Daily option picks based on unusual option activity
Professional traders are well aware of the fact that an increase in a stock's option volume is often the precursor of a move by the...
Connect with McMillan
Sign up for The Weekly Updater to receive comprehensive stock market insight each Friday for free. Enter your email address below
Upcoming Events
Recent Blogs
Sep 29
By Lawrence G. McMillan
The $SPX Index broke down through 4330 a week ago (Friday, September 22nd), tried to rally back above it for one...
Sep 28
By Lawrence G. McMillan
This article was originally published in ...
Sep 25
By Lawrence G. McMillan
Join Larry McMillan as he discusses the current state of the stock market on September 25, 2023.
...
By Lawrence G. McMillan
The $SPX Index broke down through 4330 a week ago (Friday, September 22nd), tried to rally back above it for one more day and then gave way to a sharp selloff. Thus, 4330 was not only a crucial support level that has now been broken, but it is also going to serve as resistance. There are a number of things going on right now in the market, but as you can see, there is now a downtrend (red lines in Figure 1) -- lower lows and lower highs. That is a full-fledged bearish trend, not just minor correction.
There is resistance at the 20-day MA of $SPX, currently at 4410 and beginning to drop rapidly. There is a gap on the $SPX chart up to 4400, and that...