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 rally on Thursday, but it is not all that convincing. But, in reality, the 100-point rally just seemed to be an oversold rally. It didn't even reach the declining 20-day Moving Average, much less challenge the downtrend (purple) line on the chart. The rally did accomplish one thing, though: it pushed $SPX back up into that support area. So, technically there is still support there, or slightly below. The market internals have been terrible. Specifically the "market internals" as far as our indicators go, are 1) equity-only put- call ratios, 2) breadth oscillators, and 3) New Highs vs. New Lows on the NYSE. All three

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 market and our current market outlook at the start of the trading day. The commentary brings together four of the key areas we use to evaluate market conditions: S&P 500 ($SPX) price action, volatility ($VIX), equity-only put-call ratios, and market breadth. We’ll highlight important support and resistance levels, changes in our indicators, significant overnight developments, and the signals we believe are worth watching. Rather than simply recapping what happened, the goal is to provide perspective on where the market stands and what we’re watching next. Try It Free for 7 Days To introduce the new service, we

$CrowdStrike Holdings, Inc.(CRWD)$ gained more in one session than its entire market cap was worth five years ago $CrowdStrike Holdings, Inc.(CRWD)$ made new ATHs today after a massive 13% rally the day before. This is the same stock that traded at $190 a month ago, so the move off the August low is already 24% Key Catalysts Agentic SOC launch: CrowdStrike rolled out an AI-driven security operations center that automates investigations across endpoints, identity, cloud and AI systems, alongside SafeMind (built on Nvidia's stack), Falcon Guardian, and Falcon IQ Wall Street re-rating: 6 major Wall Street firms all raised or reiterated bullish targets today, some as high as $3

$UVXY$ $VXX$ $TVIX$  By Lawrence G. McMillan As we’ve been commenting for a couple of months now, “everyone” is expecting a rise in $VIX.  In classic stock market contrarian fashion, $VIX has steadfastly remained at low levels – countering the majority opinion and frustrating volatility bulls.  That would include us, to some extent, although it is not surprising to me to see the market act in a way that causes the majority to be wrong.  That was our point in the article we wrote in last week’s newsletter. So what do we do now?  There is still potential for a $VIX increase and a market breakdown, although some cynics point out tha

Hello everyone! Today i want to share some option strategies with you! Not many tickers to play for eTCOM: arnings this week. $Trip.com Group Limited(TCOM)$ announces earnings after the closing bell tomorow. Price is currently hitting a volume support shelf ... albeit not a strong on. That said, who wants to write a Sept 18 expiry $40 strike put to play earnings ?!?!

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on September 14, 2026. https://www.youtube.com/embed/7xy89tkGkCw$GOTU$ 

$TVIX$ $UVIX$ $DECP$  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 violated yesterday. Today, however, the CPI number although "in line" was interpreted as a huge relief, and the market is rallying strongly. So support extends down to 7580 or so. The general support area is now 7580 7620. Overhead, there is a downtrend line on the $SPX chart (see Figure 1) that extends from the August 14th high through the last rally's high near 7750. For the bulls to reclaim control, $SPX needs to break out over 7770 or so. There is

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on September 8, 2026. https://www.youtube.com/embed/bwA7adh28pA$GOTU$ 

This is how I print money every week: - $S&P 500(.SPX)$ or $Invesco QQQ(QQQ)$ setting the direction on the daily and weekly chart. - Price pulling back to a key level I marked Sunday. - Level holds with a clean reaction. - Context confirms the broader market is aligned. - Enter only when the setup is undeniable. Focus on 3-5 tickers you know inside out. Rinse and repeat every single week.

Hello everyone! Today i want to share some option strategies with you! 1 $Adobe(ADBE)$ announces earnings after the closing bell on Thursday this week. Expected move is less than 10%. Am targeting the Sep 18 expiry $215 or $220 strikes for a put-write trade to play earnings. Follow me to learn more about analysis !!

$TVIX$ $UVIX$ $DECP$  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 negative days accompanied in general by terrible breadth. That pullback seems to have culminated with a retest of the 7600-7620 support level this past Tuesday, September 1st. That support level is marked with a thick red horizontal line on the $SPX chart in Figure 1. If it gives way, a much more negative picture will emerge, but so far support has held. As for resistance, one can see (from the same chart), that there is a minor downtrend line in place