Larry McMillan Stock Market Update Video 6/17/2024
By Lawrence G. McMillan
Join Larry McMillan as he discusses the current state of the stock market on June 17, 2024.
Join Larry McMillan as he discusses the current state of the stock market on June 17, 2024.
🎓 This is for educational purposes and to illustrate a point of crucial importance to perform in algo-trading 📍 LET THE ALGOS RUN FOR AT LEAST A MONTH 📍 Only monitor the LONG RUN KEY METRICS OF THE SIGNAL (Drawdown and average monthly returns) to decide about it I am sharing here the behaviour of a client that has…
In early trading on Tuesday, shares of Olin (NYSE:) Corporation experienced a 4% decline following an announcement by The Chemours Company (NYSE:). Chemours revealed plans for the PCC Group to construct and manage a chlor-alkali production facility on the site of its titanium dioxide (TiO2) plant located in DeLisle, Mississippi. The agreement for chlorine supply…
by Calculated Risk on 10/27/2024 10:15:00 AM Employment in October will be negatively impact by Hurricane Milton and the Boeing strike. Here is the CES Strike report for October released on Friday. This shows a total of 44,000 workers on strike in October. [U]nfortunately, it won’t be easy to interpret the October jobs report to…
STOCK (FUTURE / CASH / OPTION ) NIFTY (FUTURE / OPTION) BANK NIFTY (FUTURE / OPTION) FUTURE STOCK TIPS: NATIONALUM (OCT. FUT.) BUY ABOVE 224 TGT 226/230/235 S/L 223.50 AND SELL BELOW 223 TGT 222/221/220 S/L 223.50 IPCALAB (OCT. FUT.) BUY ABOVE 1657 TGT 1670/1690/1710 S/L…
Now, this is where the rubber hits the road. It’s at moments like these – capitulation – that you can consider going the other way. Easy said, very hard to do in practice. I remember this same dynamic in play during the Covid collapse. One mistake I made at the time was to think I…
India’s benchmark index Nifty logged its second consecutive day of gains on Friday, driven by robust buying in pharma stocks, with banking and auto sectors providing additional support. The 50-stock index remained strong today as it broke out of the recent consolidation range.Commenting on the current trends, Rupak De, Senior Technical Analyst at LKP Securities,…