by Dan Gibby | Nov 13, 2022 | ETF Past Letters
The markets rallied robustly last Thursday and Friday following the weaker-than-expected CPI. The Index ETFs were up between 4 – 8%, the best being the Nasdaq at 8.1%. Homebuilders and related stocks were up almost 10% after the XHB ETF was down 28% for the...
by Dan Gibby | Nov 13, 2022 | Past Weekly Options Letters
The markets rallied robustly last Thursday and Friday following the weaker-than-expected CPI. The Index ETFs were up between 4 – 8%, the best being the Nasdaq at 8.1%. Homebuilders and related stocks were up almost 10% after the XHB ETF was down 28% for the year. The...
by Dan Gibby | Nov 13, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"The biggest day will be Thursday, with several reports coming at the open.The internal market gauges are still not aligned, but sentiment has begun to decline and is more likely to align bullishly with the sentiment on the move...
by Dan Gibby | Nov 6, 2022 | Past Weekly Options Letters
Last Wednesday the Fed raised rates the expected 75 basis points, now bringing the Fed’s median policy rate expectation to 5.0% or higher. It wasn’t the rate hike that investors feared; it was the subsequent comments on future expected monetary policy. After an...
by Dan Gibby | Nov 6, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"Patterns like those seen in the S&P 500, Technology, and Materials are continuation patterns. The wide difference between extended and continuation patterns at this time is unusual, and uncertainty about the ability of...
