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Weekly Stock Market Commentary 4/24/2026
Stocks have not retreated much, and we don’t have many sell signals in place. So, despite a growing overbought condition, this market could still move…
Apr 24
•
Lawrence G. McMillan
6
2
Weekly Stock Market Commentary 4/17/2026
The rally has carried $SPX (and $NDX) well into new all-time high territory. The advance has been accompanied by many positive indicators. This breakout…
Apr 17
•
Lawrence G. McMillan
6
2
Weekly Stock Market Commentary 4/10/2026
An oversold rally began in late March and has morphed into a much larger affair since the cease-fire was announced. Indicators are improving rapidly.
Apr 11
•
Lawrence G. McMillan
2
1
Weekly Stock Market Commentary 4/3/2026
The $SPX chart is still negative, but we now are seeing some confirmed buy signals. We will take new buy signals where conditions warrant the risk.
Apr 6
•
Lawrence G. McMillan
4
1
Weekly Stock Market Commentary – Abbreviated 4/2/2026
Short-term buy signals emerge, but the broader trend remains under pressure.
Apr 2
•
Lawrence G. McMillan
4
3
Weekly Stock Market Commentary 3/27/2026
The $SPX chart is still negative, and there are still no confirmed buy signals. $VIX continues to rise – leery of what might be lying ahead.
Mar 27
•
Lawrence G. McMillan
8
3
Weekly Stock Market Commentary 3/20/2026
The $SPX chart is still negative, and now critical support is being tested. Equity-only put-call ratios and $VIX continue to rise, which is bearish for…
Mar 20
•
Lawrence G. McMillan
8
1
Weekly Stock Market Commentary 3/13/2026
The $SPX chart has turned negative. Meanwhile, put-call ratios and $VIX are exhibiting bearish signals. Caution is warranted.
Mar 13
•
Lawrence G. McMillan
5
Weekly Stock Market Commentary 3/6/2026
Once again this week, $SPX rallied from the bottom of the trading range. The fear indicators – put-call ratios and $VIX – continue to show plenty of…
Mar 6
•
Lawrence G. McMillan
4
1
Weekly Stock Market Commentary 2/27/2026
$SPX can’t get out of the trading range, so internal indicators are mixed. Swing traders are trading inside the range, while momentum traders await a…
Feb 27
•
Lawrence G. McMillan
6
2
Weekly Stock Market Commentary 2/20/2026
The trading range environment persists, with $SPX trapped between 6720 and 7000. Indicators are mixed as well, as one might expect.
Feb 20
•
Lawrence G. McMillan
7
2
Weekly Stock Market Commentary 2/13/2026
$SPX continues to find resistance at 7000, which is eventually going to be bearish. For now, though, it remains in a trading range, with individual…
Feb 13
•
Lawrence G. McMillan
7
1
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