By Lawrence G. McMillanThe pullback in stocks over this past week closed the third and final gap of the Oct 10th-12th buying spree, and $SPX came all the way back down to the breakout level of 3425-...
By Lawrence G. McMillanOne of our favorite seasonal trades – and one of the most rewarding – is the October Seasonal Trade. It will be coming up at the end of October. It calls for buying “the market...
By Lawrence G. McMillanThere has only been one contested election since listed options have been trading – the 2000 election between George W. Bush (43) and Al Gore. Election day was November 7th,...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on Monday, October 19th, 2020.Click here to view this week's charts »This Market Commentary is an...
By Lawrence G. McMillanThe upside breakout over 3430 that began last week extended into a buying spree this week. A modest correction then ensued. This pullback seems normal, so far, and the bullish...
By Lawrence G. McMillanThis is a subject that we wrote about in the July 31st, 2020, issue. Cumulative Advance-Decline Volume Breadth (CVB) is determined by 1) calculating the daily difference...
By Lawrence G. McMillanWe have previously seen that $VIX has a slightly different pattern in election years than in most years. We wrote about this in the September 4th issue, so please refer to that...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on Monday, October 5th, 2020.Click here to view this week's charts »This Market Commentary is an...
By Lawrence G. McMillanTwo weeks ago, it appeared that the bears had control of the market. But if they did, they fumbled it badly. Beginning with a modest oversold rally on September 24th, the broad...
By Lawrence G. McMillan$SPX In Election YearsWe have $SPX data going back to 1950, so it wasn’t too difficult to construct the following Table, which shows the performance of the market (as measured...