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By Lawrence G. McMillan A little more than a week ago, the FOMC meeting concluded (on July 29th), and traders were not happy. They sold the market before and after the meeting, clo...
By Lawrence G. McMillan Buying the dip has been working on an intraday basis recently, but the larger picture is that there are dips to buy almost every day. That means that $SPX i...
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 After the monster rally of 400 points in just a few days in early August, $SPX took a few days to consolidate. Now it is making new all-time highs once agai...
Most traders treat their morning news feed like a weather report when they should be treating it like a casino's internal memo. It's a common mistake... Source
By Lawrence G. McMillan The market has been frustrating to many over the past two months since new all-time highs were made in early June. Bulls expected another attempt at new hig...
By Lawrence G. McMillan A week ago, it seemed that $SPX had a renewed upside momentum, as it was making new all- time highs and internal indicators were improving. But there has be...
By Lawrence G. McMillan
Nothing drastic this weekend so I’ve called on the AGI Round Table to give us a “State of the Market” Report to help guide our investing for the rest of the year – which is very us...
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