by Dan Gibby | May 21, 2023 | ETF Past 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...
by Dan Gibby | May 21, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The trading range continues unless the S&P 500 closes above 4200 or below 4050.The internal gauges barely move from last week's levels. They are neutral." Continue...
by Dan Gibby | May 14, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500, the NASDAQ 100, and the Technology ETF have formed patterns that support an upward move if they can clear the recent highs.Most other sectors are a coin-flip in their direction, but many do not look...
by Dan Gibby | May 14, 2023 | Past Weekly Options Letters
The broader markets continued their whipsaw action from the prior week, all ending down slightly. It’s now six weeks of moves that were less than 1% in either direction. How long can this go on? The S&P 500 ETF ended the week with a narrow range inside a bar,...
by Dan Gibby | May 14, 2023 | ETF Past Letters
The broader markets continued their whipsaw action from the prior week, all ending down slightly. It’s now six weeks of moves that were less than 1% in either direction. How long can this go on? The S&P 500 ETF ended the week with a narrow range inside a...