by Dan Gibby | Nov 19, 2023 | Past Weekly Options Letters
After an explosive gap last Tuesday on favorable inflation data, the broader markets chopped sideways last week into the week’s end, which is extremely bullish because of the shallow retracement. Like prior weeks, however, the Russell 2000 (IWM) continues to...
by Dan Gibby | Nov 19, 2023 | ETF Past Letters
After an explosive gap last Tuesday on favorable inflation data, the broader markets chopped sideways last week into the week’s end, which is extremely bullish because of the shallow retracement. Like prior weeks, however, the Russell 2000 (IWM) continues to...
by Dan Gibby | Nov 19, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Unless prices move below Friday's low, assume prices will move higher.Sentiment is still closer to a bullish level, and breadth is neutral." Continue...
by Dan Gibby | Nov 12, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "After the extreme one-week advance, the broader markets are at price resistance and will need a rest.I would not be surprised to see the S&P 500 move to or slightly above the 4400 level on Monday to set a short-term...
by Dan Gibby | Nov 12, 2023 | Past Weekly Options Letters
Other than the Russell 2000 (IWM), the broader markets (QQQ, SPY, and DIA) surprisingly continued their strength from the impressive rally the prior week leading into the FOMC meeting and closing at the week’s high. The impact of lower yields continued to power the...
