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Larry McMillan Stock Market Update Video 2/22/2022

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on February 22, 2022.

Larry McMillan Stock Market Update Video 2/14/2022

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on February 14, 2022.

Larry McMillan Stock Market Update Video 2/7/2022

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on February 7, 2022.

Larry McMillan Stock Market Update Video 1/31/2022

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on January 31, 2022.

Weekly Stock Market Commentary 1/28/2022

By Lawrence G. McMillan

$SPX continues to be the best relative performer of the major indices. $NDX (QQQ) has already broken its lows of last September. Meanwhile, the Dow ($DJX) probed the lows of last spring. By far the worst performer, though, is the Russell 2000 ($RUT; IWM), which has essentially wiped out all of the gains of 2021. That is illustrative of what the "average" stock has been doing. I still don't think the media really gets that.

$SPX has support in the 4200-4300 area.

Weekly Stock Market Commentary 1/21/2022

By Lawrence G. McMillan

The stock market has finally succumbed to months of negative internals, and now the large-cap indices are following the "troops" lower. $SPX has broken down below the bottom of the trading range, violating support at 4500. Not only that, but it has closed below the December lows, which is another longer-term negative for the market.

This decline has exacerbated oversold conditions in many areas, though, so expect violent oversold rallies within what is now a bearish downtrend.

Larry McMillan Stock Market Update Video 1/17/2022

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on Monday, January 17, 2022.

Larry McMillan Stock Market Update Video 1/10/2022

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on Monday, January 10, 2022.

Weekly Stock Market Commentary 1/7/2022

By Lawrence G. McMillan

The fact that $SPX and the Dow ($DJX) are out-performing just about everything in the universe is well-known, but there doesn't seem to be any letup in the wide divergence between market internals and $SPX. If $SPX falls back below support and closes below 4690, that will remove the "bullish" status from the $SPX chart. There would still be support at 4500, which is the lower end of that trading range.

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