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Free Weekly Stock Market Commentary 11/28/2025

By Lawrence G. McMillan

The stock market sold off fairy heavily into the 6500-6550 support zone for $SPX on November 14, but then it rallied strongly off of that support area. That support has been tested several times and continues to get an A+ on the test. But overhead, there is a myriad of resistance, so for now $SPX remains in a trading range.

Free Weekly Stock Market Commentary 11/14/2025

By Lawrence G. McMillan

For over a week now, strong selloffs have been followed fairly quickly by strong rallies. This is the type of action that occurs in a trading range environment, and we might well be in one of those for a while now.

There is resistance at 6900 (the all-time highs). Furthermore, support emerged at 6630 (last Friday's lows) to go along with the stronger support level in the 6500-6550 area. Today's low (so far) was 6646, which would reinforce that general area 6630-6646 as support.

Free Weekly Stock Market Commentary 10/31/2025

By Lawrence G. McMillan

The market eventually shrugged off the most recent "tariff tantrum" and moved to new all-time highs. The breakout came on two gap days to the upside -- very strong action. That created support at the old highs, near 6750. There is also the major support below there at 6500-6550.

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