Active investment management’s weekly magazine for fee-based advisors

Larry McMillan

Professional trader Lawrence G. McMillan is perhaps best known as the author of “Options as a Strategic Investment,” the best-selling work on stock and index options strategies, which has sold over 350,000 copies. An active trader of his own account, he also manages option-oriented accounts for clients. As president of McMillan Analysis Corporation, he edits and does research for the firm’s newsletter publications.

Stock market years ending in ‘7’

Long-term cycle charts are interesting to look at, but I’m not sure how much they help one’s trading or strategy. In any case, www.seasonalcharts.com has an interesting 10-year cycle chart of the Dow Jones Industrial Average. The data for the Dow is...

Is it looking like 2008 again?

Many traders—especially those relying on traditional metrics—have been somewhat blindsided by the market’s sharp decline through most of January 2016. But there is precedent for this, and there were certainly warnings (more about that in a minute). But...