by Dan Gibby | Dec 17, 2023 | Past Weekly Options Letters
The broader markets confidently rallied into the FOMC two-day meeting last week where no change in the current federal-funds target range of 5.25%-5.50% was expected. Then the announcement came at 2 ET on Wednesday and the hint of looser monetary policy sent the...
by Dan Gibby | Dec 10, 2023 | Past Weekly Options Letters
The broader markets remained relatively flat last week, which is bullish consolidation considering the refusal to retrace in a meaningful way as we were hoping. The SPY has moved less than 1% in either direction for the past 16 days, and volatility (VIX) closed at new...
by Dan Gibby | Dec 10, 2023 | ETF Past Letters
The broader markets remained relatively flat last week, which is bullish consolidation considering the refusal to retrace in a meaningful way as we were hoping. The SPY has moved less than 1% in either direction for the past 16 days, and volatility (VIX) closed...
by Dan Gibby | Dec 10, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "There is no doubt that risk is rising for long equities, but until we get a potent reversal bar or pattern, our bias will be higher prices.The underperformers have a higher probability of more robust advances as money...
by Dan Gibby | Dec 3, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500 is within striking distance of 4600, and moving to or above would be a reasonable scenario for a stall and retracement.If interest rates measured by the 10-year yield and the US Dollar moves lower, that will...
