by Dan Gibby | Jan 8, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included,"The Total Put/Call Ratio moved to an extreme level of 2.0, and the Equity Put/Call Ratio almost hit 2.5.Such extremes and sentiment historically preceded the broader markets making a counter-trend move higher. We need to see...
by Dan Gibby | Jan 2, 2023 | ETF Past Letters
The broader markets closed the week relatively unchanged (small losses) on lighter volume on the last trading week of the year. Last week we said, “There was no Santa Claus Rally; however, with bullish internals and bullish close, will we get a year-end rally?”...
by Dan Gibby | Jan 2, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included,"With one week to end-of-year and most patterns rejecting a move lower on Thursday and stabilization Friday, prices should go up.The high volume of puts and calls in the S&P 500 ETF SPY near the close of Friday may create a...
by Dan Gibby | Jan 1, 2023 | Past Weekly Options Letters
The broader markets closed the week relatively unchanged (small losses) on lighter volume on the last trading week of the year. Last week we said, “There was no Santa Claus Rally; however, with bullish internals and bullish close, will we get a year-end rally?” The...
by Dan Gibby | Jan 1, 2023 | Chart of the Week Past
The video below teaches how to trade Master Trader’s Bullish 1-2-3 Continuation (+123) Setups with an MTS Price Pattern, entry methodology, and management.Based on the market action last week, there are many great Setups. The video will discuss the best ones to...