Join Larry McMillan as he discusses the current state of the stock market on December 8, 2025.
The market has stalled near the top of the 6500-6900 trading range. This comes after a strong rally the week of Thanksgiving. But unless there is a clear breakout to new all-time highs, the trading range scenario is still dominant. Part of the problem may be the upcoming FOMC meeting, where we will learn on December 10th whether or not the Fed is going to lower rates again. It seems that the market is expecting that the rate cut will occur. If it doesn't, that could be problematic.
Join Larry McMillan as he discusses the current state of the stock market on December 1, 2025.
The stock market sold off fairy heavily into the 6500-6550 support zone for $SPX on November 14, but then it rallied strongly off of that support area. That support has been tested several times and continues to get an A+ on the test. But overhead, there is a myriad of resistance, so for now $SPX remains in a trading range.
Join Larry McMillan as he discusses the current state of the stock market on November 17, 2025.
For over a week now, strong selloffs have been followed fairly quickly by strong rallies. This is the type of action that occurs in a trading range environment, and we might well be in one of those for a while now.
There is resistance at 6900 (the all-time highs). Furthermore, support emerged at 6630 (last Friday's lows) to go along with the stronger support level in the 6500-6550 area. Today's low (so far) was 6646, which would reinforce that general area 6630-6646 as support.
Join Larry McMillan as he discusses the current state of the stock market on November 10, 2025.
Join Larry McMillan as he discusses the current state of the stock market on November 3, 2025.
