by Dan Gibby | Jun 11, 2023 | Past Weekly Options Letters
The broader markets measured by the S&P 500 and NASDAQ 100 barely moved last week; however, the stock market has “climbed a wall of worry” and S&P 500 exited a 248-trading-day bear market — its longest since 1948! The S&P 500 is up 12% this year despite...
by Dan Gibby | Jun 11, 2023 | ETF Past Letters
The broader markets measured by the S&P 500 and NASDAQ 100 barely moved last week; however, the stock market has “climbed a wall of worry” and S&P 500 exited a 248-trading-day bear market — its longest since 1948! The S&P 500 is up 12% this year...
by Dan Gibby | Jun 11, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The expansion in breadth and move-up in the S&P 500, Russell 2000, Transports, and other sectors suggest those markets can move higher.With both internal gauges moving to the initial bearish extreme, however, we still...
by Dan Gibby | Jun 5, 2023 | ETF Past Letters
So far, the “Sell in May and go away” investors are wrong with those bulls leaving many gains on the table. All broader market Index ETFs closed the week with impressive gains on positive economic data and Washington solving the debt ceiling fiasco – at least...
by Dan Gibby | Jun 4, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The positive charts mentioned support higher prices as long as they don't close below last week's low.Institutions are wholeheartedly committed to the long side on Friday, which created a bullish wide-range bar (+WRB) on...
