Summary of Lawrence G. McMillan: Current Market Insights Webinar September 14, 2022

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00:00:00 - 01:00:00

Lawrence G. McMillan is a derivatives research firm that provides market insights and perspectives on current conditions. In this video, McMillan discusses the current market conditions, including the oversold condition and the potential for a rally. He also provides an overview of the Vixen indicator, which is an intermediate-term indicator that indicates the direction of the stock market. McMillan advises caution as market conditions may continue to deteriorate.

00:00:00 Lawrence G. McMillan, a derivatives research firm, provides insights into the current market conditions. The company looks at the S P 500 stock market index, Equity-Only Put Call Ratios, Market Broadness, and Vixen. McMillan advises investors to stay invested and follow the market's movements.
00:05:00 Lawrence G. McMillan discusses the current market conditions, pointing out that a bear market is characterized by a downtrend in prices with oversold rallies. He also discusses the use of a system he developed which uses modified Bollinger Bands to identify potential trades.
00:10:00 The put call ratio is a technical indicator developed in the 1950s that predicts the direction of the stock market by measuring the number of calls (puts) compared to the number of puts (pushes). When there is heavy put buying, the ratio moves in the opposite direction of the stock price, and when there is heavy call buying, the ratio moves in the same direction as the stock price. This indicator is used on individual stocks, features, indices, and the broad market.
00:15:00 Lawrence G. McMillan provides market insights through the use of Poco ratio charts. These charts show the inverse symmetry of the equity only put/call ratio, which is a sell signal. The market has been dropping since last November, when the ratio was at its lowest.
00:20:00 Lawrence McMillan discusses the current market conditions and provides insights into when to trade options based on implied volatility. He also provides a graph illustrating the risk/reward of buying and selling call options.
00:25:00 Lawrence McMillan discusses the market conditions that could lead to the spread being capped off and how profits are limited when trading spreads. He also provides an example of how to trade individual stocks and futures contracts and discusses how to analyze a chart to determine if a signal is strong.
00:30:00 Market breadth is a measure of the number of stocks advancing (positive) or declining (negative) on the New York Stock Exchange. This indicator is used to help determine when the market is oversold or overbought.
00:35:00 Lawrence McMillan discusses the current market conditions, including the oversold condition and the potential for a rally. He also discusses the Vixen indicator, which is an intermediate-term indicator that indicates the direction of the stock market. McMillan notes that in a bull market, Vix will be mostly red, while in a bear market, it will be mostly blue. He also mentions that in a bull market, Vix usually succumbs to a successful trade, but in a bear market, it can be a failed trade signal.
00:40:00 Lawrence McMillan discusses the current market conditions and how they relate to the trend of the VIX. He also provides an overview of the VIX derivatives market.
00:45:00 Lawrence McMillan provides a summary of current market conditions, including the positive term structure and premium to mix. He notes that a sell signal would come if the front month of the future September rose above the second month October by more than a point. At this point, the market is still waiting for a possible inversion.
00:50:00 The presenter discusses the recent market trends and how they are bearish for the stock market. They also provide a detailed overview of their current trade positions.
00:55:00 Lawrence McMillan provides a historical perspective on the current market conditions, highlighting similarities with the 1973-74 market downturn. He advises caution as market conditions may continue to deteriorate.

01:00:00 - 01:05:00

In the webinar, Lawrence G. McMillan discusses the current market conditions and explains how the put call ratio can be used as a predictor of future market movements. He recommends coins as well as stock recommendations.