By Lawrence G. McMillanWe have written repeatedly about the similarities between the markets of late 2000 and early 2001, ascompared to late 2018 and early 2019. Those comparisons are still valid.The...
By Lawrence G. McMillanThe stock market's new love affair with the Fed continued this week, and the market really took off after the FOMC meeting on Wednesday. $SPX has now broken out over minor...
By Lawrence G. McMillanLast Friday (January 18th) the “stocks only” breadth oscillator stood at +854.04 – the fourth highest reading of all-time. This is extremely overbought, but is not a sell...
By Lawrence G. McMillanStocks backed off a little this week most of it on just one day which was a rare interruption of the oversold rally. The pullback left a minor resistance point at 2675 on the $...
By Lawrence G. McMillanLast year (2018) was a very interesting year in a number of respects. One of those was the behavior of volatility and especially the behavior of volatility derivatives. Since...
By Lawrence G. McMillanThe oversold rally has carried farther than many had expected. This is not too surprising, for the market is attempting to fool as many people as it can. We have participated...
By Lawrence G. McMillanWe often talk about how the stock market usually trends in the opposite direction from volatility ($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...