By Lawrence G. McMillanWith this issue, we attempted to return to the normal publishing schedule – the 2nd and 4th Thursdays of the month. However, due to some scheduling issues, the full...
By Lawrence G. McMillan$SPX now appears to failing at the top of the range, thereby remaining within the 2040 - 2135 trading range. Hence, the $SPX chart remains neutral as long as it's in that...
By Lawrence G. McMillanThe CBOE has listed $VIX weekly futures – their third attempt at a weekly volatility product that might compete with VXX weekly options. Trading began on July 23rd...
By Lawrence G. McMillanThe oversold conditions that existed last week generated a strong week-long rally. The move above 2100 was constructive, but the chart won't really turn bullish until new...
By Lawrence G. McMillanThe $SPX chart is now negative, although not terribly so. $SPX traded down to 2045 a couple of days, and has generally found support in the 2040-2050 area. Overhead, there is...
By Lawrence G. McMillanIt’s been quite some time since we’ve seen the CBOE Volatility Index ($VIX) rise above the 17 level – since early February, in fact. But it did so this...
By Lawrence G. McMillan$SPX broke down this week as a confluence of potentially bad international news out of Greece, Puerto Rico, and China combined to strike fear into what had been long-complacent...
By Lawrence G. McMillanDepending on your viewpoint, the “holy grail” of volatility trading can take on a different meanings. To traders, it’s a product that tracks $VIX...
By Lawrence G. McMillan The stock market, as measured by the Standard & Poors 500 Index ($SPX) continues to trade in a fairly tight range, which is beginning to frustrate just about everyone....
By Lawrence G. McMillanThe sale of a naked put is often a very attractive strategy – especially if the put is “overpriced” (although “overpriced can be a very subjective term...