by Dan Gibby | Jun 4, 2023 | Past Weekly Options 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 until...
by Dan Gibby | May 29, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Strong sectors will continue to move higher as long as the debt ceiling is resolved.Many sectors and stocks saw profit-taking on Friday and formed bearish candles. If those candles are reversed early in the week, they...
by Dan Gibby | May 29, 2023 | ETF Past Letters
Nividia’s (NVDA) blowout earnings on Wednesday night ignited semiconductor (ETH SMH) and AI-related stocks. NVDA is the first semiconductor stock to join the $1 trillion market cap club. The Nasdaq ended the week up an impressive 2.19% even as the circus in...
by Dan Gibby | May 28, 2023 | Past Weekly Options Letters
Nividia’s (NVDA) blowout earnings on Wednesday night ignited semiconductor (ETH SMH) and AI-related stocks. NVDA is the first semiconductor stock to join the $1 trillion market cap club. The Nasdaq ended the week up an impressive 2.19% even as the circus in...
by Dan Gibby | May 21, 2023 | Past Weekly Options Letters
Despite Republicans walking out of the debt ceiling talks on Friday and Treasury Secretary Janet Yellen saying more bank mergers would likely occur (suggesting continued problems with regional banks), the S&P 500 broke out of its range on Wednesday and ended the...