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.
Despite one downward probe on July 29th, $SPX has managed to trade in a range and close at almost the same price every day. Near- term resistance is at 7430. After that failure on the 29th, the market bounced off the 7300 level with a vengeance the next day, so that is support. Even so, if one looks at the chart of $SPX in Figure 1, it is obvious that there is a new downtrend line that can be drawn, connecting the failed rally attempts that took place during July.
Join Larry McMillan as he discusses the current state of the stock market on July 27, 2026.
Join Larry McMillan as he discusses the current state of the stock market on July 21, 2026.
Join Larry McMillan as he discusses the current state of the stock market on July 13, 2026.
