by Dan Gibby | Aug 6, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The internal market gauges are neutral but are working off their bearish extreme seen two weeks ago.A close below Thursday's low will signal lower prices. In the S&P 500 ETF symbol SPY, 440 is a significant support...
by Dan Gibby | Aug 6, 2023 | ETF Past Letters
The broader markets sold off last week starting last Tuesday with Fitch’s downgrading the U.S. Credit Risk based on current debt levels. Fitch forecast US debt at 118% of US GDP by 2025. The rational reason for the downgrade is because of ballooning US...
by Dan Gibby | Aug 6, 2023 | Past Weekly Options Letters
6 for 6 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below, bringing the 4-week total to 41 for 42. The broader markets sold off last week starting last Tuesday with Fitch’s downgrading the U.S. Credit Risk based on...
by Dan Gibby | Aug 2, 2023 | Uncategorized
Slow week, but 7 for 7 closing GAINS on last week’s short credit spread income trades (for 2-week total of 20 for 20), see VIDEO below. Note: We were 18 for 20 in our Swing and Options Trader, see VIDEO below. As mentioned over the past months, we find many...
by Dan Gibby | Jul 30, 2023 | Past Weekly Options Letters
10 for 10 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below, bringing the 3-week total to 35 for 36. The broader markets had a good week, up between .5 – 1.9%. The S&P 500 is now up 28% from its 52-week low and...
