by Dan Gibby | Jan 29, 2023 | Past Weekly Options Letters
As we approach the Fed’s upcoming two-day policy meeting starting Jan. 31st, the stock market continued its “buy the dip” mentality, closing last week with a robust across-the-board rally. The US economy is cooling and inflation receding as the Fed wants, but growth...
by Dan Gibby | Jan 22, 2023 | ETF Past Letters
The stock market is pricing in a “soft landing” scenario as the Fed continues to raise rates to fight inflation. Despite consumer demand falling, and wholesale prices falling (showing abating inflation), Fed officials are still talking about higher rates. Cleveland...
by Dan Gibby | Jan 22, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The internal market gauges have reached an extreme raising of the caution flag, so extended chart patterns should be avoided. Breakouts can also be high risk.The recent advances have neutralized the majority of the damage...
by Dan Gibby | Jan 22, 2023 | Past Weekly Options Letters
10 for 10 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. The stock market is pricing in a “soft landing” scenario as the Fed continues to raise rates to fight inflation. Despite consumer demand falling, and...
by Dan Gibby | Jan 15, 2023 | Past Weekly Options Letters
22 for 23 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. Last week we had a full bullish bias based on the bullish Wide Range Bar (+WRB) Breakout close on Jan 6th. That bias played out and we were...
