Join Larry McMillan as he discusses the current state of the stock market on September 21, 2026.
This past week saw further deterioration -- by the $SPX Index as well as the internal indicators. $SPX sold off, but then tried to snap back with a big rally on Thursday, but it is not all that convincing. But, in reality, the 100-point rally just seemed to be an oversold rally. It didn't even reach the declining 20-day Moving Average, much less challenge the downtrend (purple) line on the chart.
Join Larry McMillan as he discusses the current state of the stock market on September 14, 2026.
Join Larry McMillan as he discusses the current state of the stock market on September 8, 2026.
Join Larry McMillan as he discusses the current state of the stock market on August 31, 2026.
Join Larry McMillan as he discusses the current state of the stock market on August 24, 2026.
A week ago, it seemed that $SPX had a renewed upside momentum, as it was making new all- time highs and internal indicators were improving. But there has been no follow-through this week, and it seems that bullish momentum has been lost. The "culprit" seems to be an increase in T-Bond rates, although that hasn't mattered much before.
Join Larry McMillan as he discusses the current state of the stock market on August 3, 2026.
After the monster rally of 400 points in just a few days in early August, $SPX took a few days to consolidate. Now it is making new all-time highs once again. There should be some support in that consolidation area (7700-7800), with stronger support at the old highs (7620). There is also a gap at the 7600 level which would act as support as well.
Join Larry McMillan as he discusses the current state of the stock market on August 3, 2026.
