by Dan Gibby | Jul 9, 2023 | Past Weekly Options 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 keep...
by Dan Gibby | Jul 2, 2023 | Past Weekly Options Letters
Last week we got the continued expected pullback and reversal which set up a robust two-day rally into the end of the week. The bulls remain in control and many longer-term charts look fantastic, which should set up great opportunities for the next pullback. Broader...
by Dan Gibby | Jul 2, 2023 | ETF Past Letters
Last week we got the continued expected pullback and reversal which set up a robust two-day rally into the end of the week. The bulls remain in control and many longer-term charts look fantastic, which should set up great opportunities for the next pullback....
by Dan Gibby | Jul 2, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The majority of S&P sectors moved lower last week. Ideally, the stronger sectors will pull back more toward their larger price support levels.Most sectors negated their respective bullish reversal day to varying...
by Dan Gibby | Jun 25, 2023 | ETF Past Letters
Following the prior week’s huge advances where the S&P 500 was up 2.7% and the NASDAQ 100 3.2%, we cautioned by saying, “however, both are now extended, far from their 20-MAs.” Last week we said, “Enjoy the ride while it lasts.” Now we urge caution on new...
