by Dan Gibby | Jul 30, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "At the beginning of the week, prices may initially move lower, but with MS relatively close, it's unlikely there will be more downside than that.The potential for volatility will not stop after Wednesday since Thursday will...
by Dan Gibby | Jul 30, 2023 | ETF Past Letters
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 made a new 52-week high on Friday. As expected, the Federal Reserve raised its federal funds rate by ¼ point to the highest level since 2001, which...
by Dan Gibby | Jul 23, 2023 | ETF Past Letters
The broader markets closed relatively unchanged last week after we got the expected retracement after the previous week’s party-mode rally on favorable inflation data. Economic reports early in the week could move the market, but the main focus will be the Fed...
by Dan Gibby | Jul 23, 2023 | Past Weekly Options Letters
The broader markets closed relatively unchanged last week after we got the expected retracement after the previous week’s party-mode rally on favorable inflation data. Economic reports early in the week could move the market, but the main focus will be the Fed...
by Dan Gibby | Jul 23, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "During our pre-market review at the end of last week, we reported that the internal market gauges had reached a bearish extreme.Extreme readings rarely mark a high day, and prices can continue to higher, but historically we...