Recent Blogs

Feb, 23, 2012

More on Volatility ETN’s - VXX, XIV, VQT

By Lawrence G. McMillanIn the last issue, we laid out a trading system for VXX and XIV, the most liquid short-term volatility ETN’s. VXX uses the two front-month $VIX futures contract to...

Feb, 23, 2012

In focus: Bulls refuse to yield

By Lawrence G. McMillanIn a brazen display of strength, the stock market — as measured by the Standard & Poor’s 500 Index — held up very well this week. Tuesday was perhaps the...

Feb, 22, 2012

The important level for $SPX remains 1340

By Lawrence G. McMillanThe market had all kinds of good news hurdles to overcome yesterday, and it did a pretty good job of it. The number of traders looking to sell when either a) the Greek...

Feb, 17, 2012

Weekly Commentary 2/16/12

By Lawrence G. McMillanWas the two-day selloff on Tuesday and Wednesday of this week enough to refuel the bulls? It may have been.$SPX closed at a new high for this post-October rally, although...

Feb, 16, 2012

In focus: Cracks beginning to show

By Lawrence G. McMillanThe stock market has generally persisted in rising, albeit at a slower and slower pace, but it has taken on the appearance of a very tired entity. Therefore, we expect that the...

Feb, 10, 2012

Weekly Commentary 2/9/12

By Lawrence G. McMillanThe stock market refuses to back off. This is making TV commentators gleeful, but experienced traders are finding such one-sided action to be a bit dangerous.$SPX has not yet...

Feb, 09, 2012

A System For Trading VXX

By Lawrence G. McMillanThe CBOE’s Futures Exchange introduced futures on the volatility index, $VIX, in 2004 and began trading options on $VIX in 2006. The Barclay’s Volatility ETN...

Feb, 08, 2012

Overbought market due for a correction

By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — As much as I like the intermediate-term picture, where nearly all of our indicators remain bullish, the overbought condition that has...

Feb, 07, 2012

Odds of a nasty correction are increasing

By Lawrence G. McMillanThe market continues to repeat itself with great frequency these days. Once again, early selling was reversed, and now the market is trading near its highs for the days...

Feb, 03, 2012

Weekly Commentary 2/3/2012

By Lawrence G. McMillanThe market continues to rise, mostly in a very slow-motion fashion. Meanwhile, overbought conditions are building. $SPX has bumped up against the 1330 level for three...

Pages

Past performance is not necessarily indicative of future results.
Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Leverage can work against you as well as for you. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment or even more than your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and investing, and seek advice from an independent financial advisor if you have any doubts.
Visit the Disclosure & Policies page for full website disclosures.