Recent Blogs

Sep, 01, 2011

More buy signals in place: Look for short-term correction before the next advance

By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — After Federal Reserve Chairman Ben Bernanke’s speech last Friday, the market sold off rather sharply. But once that selling got out...

Aug, 30, 2011

Odds are due for a short-term pullback

By Lawrence G. McMillanThe market responded to a number of factors on Monday to put together one of the strongest days of the year. Perhaps too strong (for example, advancing volume on the NYSE...

Aug, 26, 2011

Weekly Commentary 8/26/11

By Lawrence G. McMillanThe S&P 500 Index ($SPX) has established 1120 as a support area, but it remains negative in that it is trending downward.Equity-only put-call ratios are still rising on...

Aug, 25, 2011

Safe Approaches To Volatility Skew Trading

By Lawrence G. McMillanVertical skews appear in option prices during times of panic and in futures prices in terms of euphoria. Since we have been experiencing a lot of both lately, we have...

Aug, 25, 2011

Oversold rally?

By Lawrence G. McMillanThe rally that was underway a week ago ended abruptly, and the Standard & Poor’s 500 Index traded back down to its lows at 1,120. After a few days of testing that...

Aug, 23, 2011

Oversold rally in effect

By Lawrence G. McMillanThe rally that could have sprung up at any time – given the oversold conditions that existed – is taking place. As we mentioned in the Volatility Report (...

Aug, 19, 2011

Weekly Commentary 8/19/2011

By Lawrence G. McMillanThe $SPX chart is perhaps the most negative technical indicator of all. The pattern of lower highs and lower lows persists. How far can this next down leg carry?...

Aug, 18, 2011

High-volatility standoff

By Lawrence G. McMillanThe panic of a week ago has subsided, but the market remains nervous and volatile — not as volatile as last week, but far more volatile than it has been in the past year...

Aug, 17, 2011

$SPX 1178: The Line in the Sand

By Lawrence G. McMillanThe market opened stronger, after some economic data was released, and that rally lasted for less than a half hour. Since then, its been a slow decline, but a large one, and...

Aug, 17, 2011

Options for Volatile Markets now available

Options for Volatile Markets: Managing Volatility and Protecting Against Catastrophic Risk, the follow up to Richard Lehman and Lawrence G. McMillan's New Insights on Covered Call Writing...

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