by Dan Gibby | Feb 19, 2023 | ETF Past 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...
by Dan Gibby | Feb 12, 2023 | ETF Past Letters
The anticipated correction began last week, but there was no significant damage to the existing uptrends on the daily timeframe. There were a few Fed speakers last week which moved the markets as the Fed continues to fight inflation through higher rates. The...
by Dan Gibby | Feb 12, 2023 | Past Weekly Options Letters
The anticipated correction began last week, but there was no significant damage to the existing uptrends on the daily timeframe. Most existing patterns have created uncertainty about the strength seen over the last month. Also, money rotated in a small way into the...
by Dan Gibby | Feb 12, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Last week, prices closed above Major Resistance (the high before the lower low) in the S&P 500 and the NASDAQ 100, turning the daily trend up.However, the internal market gauges are signaling a price correction is...
by Dan Gibby | Feb 5, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The Fed's decision on interest rates on Wednesday, followed by Chairman Powell's comments, can be a significant mover of the markets.Most market indices and stocks that have led the way higher are near their respective...