by Dan Gibby | Mar 12, 2023 | ETF Past Letters
The broader market index ETFs closed a bearish week near the lows with many news events fueling the selloff. It started Tuesday with Fed Chairman Powell’s congressional testimony on the economy and monetary policy, Friday’s release of February’s solid jobs...
by Dan Gibby | Mar 12, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Two bullish days in a row historically result in higher prices. However, it's surprising that the breadth numbers on those days were not stronger.Institutions seem to believe the risk is small but continue reacting...
by Dan Gibby | Mar 5, 2023 | Past Weekly Options Letters
Last week Fed Governor Waller said that higher rates might be needed to continue to fight inflation which sent the 10-year Treasury note over 4%. Nevertheless, the broader market index ETFs rallied between 1 – 2 % for the week which started Thursday afternoon...
by Dan Gibby | Mar 5, 2023 | ETF Past Letters
Last week Fed Governor Waller said that higher rates might be needed to continue to fight inflation which sent the 10-year Treasury note over 4%. Nevertheless, the broader market index ETFs rallied between 1 – 2 % for the week which started Thursday...
by Dan Gibby | Mar 5, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "There also will be some economic reports later in the week.So, it's likely to be the "flavor of the day" that determines day-to-day price action." Continue...
