By Lawrence G. McMillan$SPX remains in a strong uptrend, with all averages rising on its chart. It is going to close out the year well above its rising 20-day moving average -- a moving average that...
By Lawrence G. McMillanThe stock market euphorically gapped to new all-time highs on Monday, after the Tax Bill had been passed over the weekend. Pessimists might say that a gap to a new all-time...
By Lawrence G. McMillanThe idea of a seasonal pattern called The Santa Claus rally came from Yale Hirsch more than 50 years ago. Simply stated, it says that the market generally rallies over...
By Lawrence G. McMillan...Both the equity only and standard put-call ratios plunged to historic lows on Monday as the market gapped to new all-time hights and held on to the gains. Put buying...
By Lawrence G. McMillanThe most important technical indicator -- the chart of the S&P 500 Index ($SPX) -- remains steadfastly bullish. It has continued to rise, establishing a myriad of support...
By Lawrence G. McMillanWe have been repeatedly noting that the equity-only put-call ratio charts are at multi-year lows. The charts on the right show visual evidence of this. These...
By Lawrence G. McMillanThe CBOE will begin trading Bitcoin Futures with Sunday night’s trading (December 10th). These are the basic facts about the contract, as taken from the website (the CME...
By Lawrence G. McMillanDespite some selling early in the week (that seemed to be more of a reaction to a short-term overbought condition than to any real change of trend) $SPX still remains well...
By Lawrence G. McMillanThe post-Thanksgiving seasonal period got off to a rousing start perhaps too rousing. The $SPX chart remains positive as long as it holds above support. The first support...
By Lawrence G. McMillanTraders are abuzz with the seemingly absurd fact that $VIX is up strongly today (and up for four days in a row), even though the market has risen strongly over that time – and...