Craig Hilsenrath With nearly four thousand optionable U.S. equities and ETFs and over 400,000 individual option contracts available on a daily basis, retail option traders need a way to determine the...
By Lawrence G. McMillanThere are a number of systems and indicators that we follow – some with frequent signals, others with as few as annual signals – that are worth noting, as the broad...
By Lawrence G. McMillanThe stock market has had plenty of reasons to weaken, yet it can barely go down at all. This is a very powerful market.$SPX has support at 1730, 1750, 1770, and now may...
By Lawrence G. McMillanThe market has now pulled back from its recent highs, accompanied by sell signals in breadth and the put-call ratios we follow. The “modified Bollinger Band”...
In a recent issue of The Option Strategist Newsletter, we deatailed a trading system based on a modified version of John Bollinger's Bollinger Bands. We have since received numerous...
By Lawrence G. McMillan$SPX broke out to new highs, and that is bullish, but severe overbought conditions still exist.$SPX has support at 1750-1770, the range it traded in for a couple of weeks....
By Lawrence G. McMillanWednesday was a very powerful, bullish day. It mirrored the action of last Friday: S&P futures were trading down sharply before the NYSE open, but once that market...
By Lawrence G. McMillanThe broad stock market, as measured by the Standard & Poors 500 Index ($SPX) was seemingly impervious to an increasing overbought condition. But today after moving to...
By Lawrence G. McMillanThe stock market is once again overbought, and we have done more research into what we hope will be effective systems for taking advantage of these conditions. Most of...
By Lawrence G. McMillanStocks can go down, and it now looks like they will. The market, as measured by the Standard & Poors 500 Index ($SPX) continued to rise at a dizzying pace until the...