by Dan Gibby | Apr 2, 2023 | ETF Past Letters
After a rocky start, the bulls came out in full force Wednesday and drove most markets higher into the end of the quarter on Friday. In addition to the relief that banks stabilized, and interest rates fell, the typical end-of-the-quarter window-dressing where...
by Dan Gibby | Apr 2, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "For now, it seems that bulls have pulled a rabbit out of their hat and saved the broader markets from moving lower.KRE may be able to move higher, but historically, another move down will occur.Bulls may be able to lift the...
by Dan Gibby | Apr 2, 2023 | Past Weekly Options Letters
After a rocky start, the bulls came out in full force Wednesday and drove most markets higher into the end of the quarter on Friday. In addition to the relief that banks stabilized, and interest rates fell, the typical end-of-the-quarter window-dressing where strong...
by Dan Gibby | Mar 26, 2023 | ETF Past Letters
The erratic day-to-day trading continued last week. Most markets were down on the week following the Fed’s two-day meeting and anticipated .25% rate hike in the Fed Funds rate and more banking turmoil. During Powell’s interview on Wednesday, the markets...
by Dan Gibby | Mar 26, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, " Until we get "cleaner charts," trading will be susceptible to whipsaws or accelerated moves caused by news shocks.The large open interest in S&P 500 puts and calls at the 4000 strike that has kept prices relatively...