By Lawrence G. McMillanWith the stock market collapsing recently, option implied volatility spiked higher in a large number of markets. Of course, actual (historical) volatility has...
By Lawrence G. McMillanAll futures contracts are limited in the amount by which their price can change in any one day. The exchange where the future is traded determines the size of that daily limit...
By Lawrence G. McMillan(Barron's) - Options can be great contrary indicators.Puts and calls are very versatile. Strategically, they can be used for leveraged speculation by some, while providing...
By Lawrence G. McMillanThe initial selling on Wednesday afternoon was probably just some profit-taking by traders who'd bought heavily on Monday and Tuesday. But then the selling gathered momentum.As...
By Lawrence G. McMillanAfter the FOMC meeting announcement Wednesday, the stock market fell sharply. All those people who had bought earlier – on Monday and Tuesday – had apparently...
By Lawrence G. McMillanThe stock market has found itself under increasing pressure again this week, and once again seems to have found support at 1600. It is also clear that 1650 is resistance and $...
By Lawrence G. McMillanThe feature article discusses the fact that stocks, bonds, and the U.S. Dollar have all been declining together. A hedged position is recommended in Bonds vs. the Dollar....
By Lawrence G. McMillanThere are times when stocks and bonds move in the same direction, and times when they move in opposite direction. However, the U.S. dollar almost always moves opposite...
By Lawrence G. McMillanThe failure of the market to follow through Monday on Thursday and Friday’s strong gains resulted in a pretty nasty day on Tuesday. Breadth was terrible, volatility...
By Lawrence G. McMillanThe pressure on the stock market increased again this week, driving the Standard & Poors 500 Index ($SPX) down through some support levels, and generally turning almost all...