by Dan Gibby | Dec 4, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"The Volatility Index (VIX) has fallen to the previous low, where the markets turned lower in August. The VIX has not begun to rise, or the markets fall, but take note.The internal market gauges that had reached an extreme two...
by Dan Gibby | Dec 4, 2022 | Past Weekly Options Letters
Powell’s comments which started last Wednesday at 1:30 ET ignited a bullish frenzy with the broader markets closing with bullish Wide Range Bars (+WRBs). The next two days were consolidation days which is bullish price action – particularly after the bearish gap down...
by Dan Gibby | Dec 4, 2022 | ETF Past Letters
Powell’s comments which started last Wednesday at 1:30 ET ignited a bullish party with the broader markets closing with bullish Wide Range Bars (+WRBs). The next two days were consolidation days which is bullish price action – particularly after the bearish gap...
by Dan Gibby | Nov 27, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"Maybe they aren't going to move far from where they are right now. On second thought, they may move up or down a bit but end where they are. We'll see."The markets moved up and down a bit but not far from the prior week's close....
by Dan Gibby | Nov 27, 2022 | Past Weekly Options Letters
The markets closed with gains last week in the shortened, bullish Thanksgiving week, as yields and the US Dollar continued to retrace. In the last two weeks, there has been relatively little movement in the broader markets, which is not unusual after the prior...