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By Lawrence G. McMillan Things seemed so promising on Tuesday, when $SPX traded at new all-time intraday and closing highs. But almost immediately after the market closed that day,...
By Lawrence G. McMillan Stocks continue to slip after having made new all-time highs on August 14th. The 7600 support level for $SPX has now come under attack, and it was briefly v...
By Lawrence G. McMillan Traders were a bit leery of some potentially volatile events this week, but so far they have not proven to be troublesome. The NVIDIA (NVDA) earnings were p...
By Lawrence G. McMillan After making new all-time highs on August 14th, $SPX has struggled a bit. There is a very minor downtrend line on the chart right now, after a series of neg...
By Lawrence G. McMillan
By Lawrence G. McMillan The stock market continues to be range-bound. $SPX is still solidly between support at 7580-7620 and resistance at 7780-7820. Those are the two red horizont...
By Lawrence G. McMillan We’re excited to introduce McMillan Morning Market Commentary, a new subscription designed to give traders and investors a concise look at the broad stock m...
By Lawrence G. McMillan This market continues to be one with a huge split between the technical indicators. The market internals (breadth, put-call ratios, New Highs vs. New Lows)...
By Lawrence G. McMillan As time drags on, $SPX continues to trade within the trading range that has lasted since late July. This is marked in figure 1 by the box on the upper right...
By Lawrence G. McMillan This past week saw further deterioration -- by the $SPX Index as well as the internal indicators. $SPX sold off, but then tried to snap back with a big rall...
https://youtu.be/svrB2d6TvSU?si=gLI6utGoAzZ-_5T7 The PSW Commuter Wrap from Monday, October 5th provides the perfect outline for today’s morning report. Yesterday’s market action g...
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