by Dan Gibby | Nov 6, 2022 | ETF Past 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 | Oct 30, 2022 | ETF Past Letters
On Wednesday the Fed will likely raise rates the expected 75 basis points, bringing the Fed’s median policy rate expectation to 4.4% by year-end. The Dow Jones Industrials closed up 5.7%, approaching its best month since 1976. So why did the markets rally...
by Dan Gibby | Oct 30, 2022 | Past Weekly Options Letters
11 for 11 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below, bringing the 2-week total to 23 for 23. 24 for 25 closing GAINS (including breakeven) on last week’s closing swing stock and option trades in Swing...
by Dan Gibby | Oct 23, 2022 | ETF Past Letters
In the Green Room on Friday, we said that we were bullish if the SPY could close over Thursday’s Topping Tail. It did. DIA and QQQ did also. IWM didn’t but at least closed with a bullish engulfing bar and over the prior closing price which is bullish. Part of...
by Dan Gibby | Oct 23, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “The internal market gauges are neutral, so there is no edge being provided. Moving above Friday’s high seems unlikely early in the week because of the depth of retracements into Thursday’s range in...
