by Dan Gibby | Feb 26, 2023 | Past Weekly Options Letters
On the heels of higher-than-expected inflation numbers (PCE on Friday), the broader market index ETFs were down about 3% for the week, their worst of the year. There were many Fed speakers last week who reiterated the need to continue to fight inflation through higher...
by Dan Gibby | Feb 26, 2023 | ETF Past Letters
On the heels of higher-than-expected inflation numbers (PCE on Friday), the broader market index ETFs were down about 3% for the week, their worst of the year. There were many Fed speakers last week who reiterated the need to continue to fight inflation through...
by Dan Gibby | Feb 26, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Equities measured by the S&P 500 and the NASDAQ 100 held their respective Pivot Low areas when the 10-year and the Dollar stalled at their resistance.It's unlikely that equities can withstand the 10-year moving above...
by Dan Gibby | Feb 19, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Breadth has moved to a lower level where the markets are likely to stabilize.Sentiment is still at a bearish extreme, so it's unlikely any move up in the broader markets would be significant." Continue...
by Dan Gibby | Feb 19, 2023 | Past Weekly Options Letters
Despite rising yields over the past few weeks and a higher-than-expected CPI and PPI (inflation numbers), the markets held up better than expected. Although they continued to correct on the daily timeframe, there was no significant damage to the existing uptrends on...