by Dan Gibby | Jul 16, 2023 | ETF Past Letters
The broader markets were in party mode last week on favorable inflation data showing that it’s declining, as expected. The S&P 500 and Nasdaq both closed at 52-week highs on Thursday and the S&P 500 closed back above 4500 for the first time since April 2022....
by Dan Gibby | Jul 16, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The advancing stocks minus declining stocks push to a negative extreme on Thursday's market decline that historically signals lower prices coming.Based on these facts and Friday's price action, it suggests a further...
by Dan Gibby | Jul 16, 2023 | Past Weekly Options Letters
The broader markets were in party mode last week on favorable inflation data showing that it’s declining, as expected. The S&P 500 and Nasdaq both closed at 52-week highs on Thursday and the S&P 500 closed back above 4500 for the first time since April 2022....
by Dan Gibby | Jul 9, 2023 | ETF Past Letters
The broader markets were down somewhat last week after a bullish 3-day move into the employment data on Thursday and Friday. Thursday had a broad-based selloff after data showing a strong labor market increased bond yields and, thus, fears that the Fed will...
by Dan Gibby | Jul 9, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Historically, markets tend to be bullish around the end of the month and at the beginning of a new month, especially around a holiday.While all the broader market indices reversed the previous week's bearish reversals, the...
