By Lawrence G. McMillanIf you measure the stock market by $SPX, it's doing great. $SPX has closed at a new all-time high on seven of the last eleven trading days. Some other indices, and market...
By Lawrence G. McMillanWhen there is a divergence between the cumulative breadth indicators and the stock market itself ($SPX), it sometimes warns of a major market top. We follow cumulative volume...
By Lawrence G. McMillan At the current time, $SPX is making new all-time highs daily (four days in a row and five of the last seven). Hence, the $SPX chart is very bullish. There is a support...
By Lawrence G. McMillanWe all know there are risks to 0DTE trading – mostly the swift time decay, changing delta and gamma, and potentially violent price moves by the underlying. But serious...
By Lawrence G. McMillanJust a week ago, $SPX had broken down below support at 5260, and it seemed like the bears might be flexing their muscles. But it was a weak decline, which abruptly turned...
By Lawrence G. McMillanBack in 2014, we published an article entitled “Sell In May and Go Away...or don’t.” At this time, we’re going to update the data in that article and discuss what it...
By Lawrence G. McMillanStocks seemed a little "tired" after making new all-time highs earlier in May. $SPX traded in a fairly tight trading range between 5260 and 5340 for two weeks. The support at...