May, 30, 2012
By Lawrence G. McMillanAs often happens on the first day of trading after a three-day weekend, the market is buffeted by cross-current, so there are several moves. Initially, the market was...
May, 25, 2012
By Lawrence G. McMillan The massive oversold condition that existed at the end of last week has spurred a rally this week. when the market is as oversold as it got last week, it usually rallies...
May, 24, 2012
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — One thing that all traders figure out sooner or later is that an oversold market can continue to decline — sometimes at an ever-...
May, 24, 2012
By Lawrence G. McMillanThe decline in $SPX this month has been swift, but surprisingly orderly. For example, the 20-day historical volatility of SPX is only 14%, which is extremely low after a...
May, 23, 2012
On May 23rd, the CBOE will be listing futures on the Nasdaq-100 Volatility Index with the symbol /VN. The Nasdaq VIX futures will be similar to the regular S&P $VIX futures in that they...
May, 18, 2012
By Lawrence G. McMillanIs this current market decline the harbinger of a new bearish market phase, or just a pause in the general bull market that was launched in March, 2009, with a couple of...
May, 18, 2012
By Lawrence G. McMillanThe $SPX chart has turned bearish, with the breaking of the 1340 support level. However, it is oversold in that it is more than 4 standard deviations below its 20-day...
May, 17, 2012
By Lawrence G. McMillanThe stock market has broken down through several support areas, to the point where it is now below the important support at 1,340 on the Standard & Poors 500 Index. This...
May, 16, 2012
By Lawrence G. McMillanFollowing an overnight push to new lows, the market attempted to put together a rally into the 2pm EST Fed minutes. However, the market stalled and was unable to hold...
May, 11, 2012
By Lawrence G. McMillanOn Tuesday, May 1st, $SPX traded at 1415. Now, just 7 trading days later, the entire psyche of the market has become dark and brooding.$SPX broke down through support at...
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