By Lawrence G. McMillanMuch of what is written below was written a year ago, when the Santa Claus rally also produced a loss. At that time, $SPX rallied immediately from there and never looked...
By Lawrence G. McMillanThe old year ended with a thud, as stocks sold off pretty sharply over the final three days. In doing so, the closing support level at 5870 held once again. So, that is...
By Lawrence G. McMillanStocks rallied sharply off the 5870 level exactly a week ago. While $SPX had probed below there intraday, it was above 5870 by the close of trading. So, there is strong support...
By Lawrence G. McMillanTime is running out to take advantage of our exclusive holiday special. Until December 24, 2024, you can subscribe to The Daily Strategist at an incredible 50% off.This is your...
By Lawrence G. McMillanThe wheels came off the wagon after the Fed meeting on Wednesday. It appears that the Fed's decision to drop rates by 25 basis points, plus their announcement that they might...
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By Lawrence G. McMillanThe new trend of $VIX buy signal is the third one in the last year. The $VIX chart from Figure 4 is reproduced here, without the “spike peak” buy signals, so we can discuss...