By Lawrence G. McMillanTwo of the hardest-hit stocks in the S&P 500 this year — UnitedHealth Group ($UNH) and UPS ($UPS) — both issued daily MVB buy signals today. While this is a notable...
By Lawrence G. McMillanThe chart of $SPX remains bullish. The Index pulled back to almost exactly 6200 last Friday, August 1st, and has bounced from there. It also bounced off that level back in...
By Lawrence G. McMillan$XLP (Consumer Staples Select Sector SPDR Fund) just triggered a put-call ratio buy signal, as its weighted 21-day put-call ratio peaked at extreme levels and has now begun to...
By Lawrence G. McMillanThe buildup of overbought conditions has manifested itself in new confirmed sell signals. However, the $SPX chart is still positive, and will remain so, certainly as long as it...
By Lawrence G. McMillanAs we stated many times in this week's Stock Market Commentary, there are overbought conditions but no confirmed sell signals (yet). However, we know volatility is low,...
By Lawrence G. McMillanThe rally that began in early April continues to drive higher into new all-time territory. There hasn't been much of a correction, and so far the internals have held up very...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 7, No. 12 on June 25, 1998.With the frequent number of 100-plus point moves in the...