Sep, 12, 2017
By Lawrence G. McMillanThis week, we came upon an article entitled “Could some $VIX-related funds go “poof” in a day?” Obviously they can, as we pointed out last week. But rather than...
Sep, 08, 2017
By Lawrence G. McMillanLate last week, $SPX broke out above a minor downtrend line, accompanied by buy signals from several indicators. It appeared that a move to new all-time highs was imminent....
Sep, 05, 2017
By Lawrence G. McMillanWe have written many times about the “Big (Volatility) Short.” It is a very profitable trade, for the most part. It comes about because of the upward-sloping term...
Sep, 01, 2017
By Lawrence G. McMillan$SPX has staged a rally that began on Tuesday's opening (August 29th) and has lasted three full days to date. The result was a breakout through the downtrend line that had...
Aug, 25, 2017
By Lawrence G. McMillanDespite the media euphoria over recent rally days, the $SPX chart remains short-term negative because of the downtrend lines (see Figure 1). So far, this is showing no signs...
Aug, 21, 2017
By Lawrence G. McMillanEarly this week, a $VIX “spike peak” buy signal was issued when $VIX closed below 14.28 (more than 3.00 points from the intraday high of 17.28 set last Friday, August 11th)....
Aug, 21, 2017
By Lawrence G. McMillanVXX will be reverse split 1-for-4, before trading begins on Wednesday, August 23rd. It is a bit ironic that VXX is finally starting to rise so the reverse split might...
Aug, 18, 2017
By Lawrence G. McMillan$SPX has broken to new lows for this move, taking out the support at 2437. That means that a test of the 2400 level is likely in the cards. There is resistance at 2480.Even...
Aug, 11, 2017
By Lawrence G. McMillanThe market averages have broken down and broken support (except for the Dow). This is the first time that can be said since this past March. We are looking at a strong...
Aug, 04, 2017
By Lawrence G. McMillanCertainly the $SPX chart is still bullish at this time, but once again $SPX is trapped in one of those tight ranges -- this time between 2460 and 2480. That range has...
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