by Dan Gibby | Apr 16, 2023 | ETF Past Letters
Although the broader markets were relatively unchanged last week, for the year they appear to ignore bad news and a recession, and pricing in peak inflation and a near-end to rate hikes. The S&P 500 has risen 7.8% for the year, the Dow Jones Industrial...
by Dan Gibby | Apr 16, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, Many of what I would consider questionable Buy Setups are not attractive.While technically, the patterns do not suggest significant movement, the economic news and earnings reports could move the market significantly....
by Dan Gibby | Apr 9, 2023 | ETF Past Letters
The equity markets were relatively flat for the week although bond yields declined as weakening economic data increased recession fears. The Bureau of Labor Statistics reported Friday that nonfarm payrolls increased by 236,000 last month, showing that the...
by Dan Gibby | Apr 9, 2023 | Past Weekly Options Letters
The equity markets were relatively flat for the week although bond yields declined as weakening economic data increased recession fears. The Bureau of Labor Statistics reported Friday that nonfarm payrolls increased by 236,000 last month, showing that the economy is...
by Dan Gibby | Apr 9, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The Volatility Index (VIX) is near the last low points it advanced from, and where markets have declined, so that's a concern. The VIX can stay low for a while, so it's not an immediate concern.For now, extreme inflation is...