by Dan Gibby | Oct 2, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “There has not been a significant slowing in the downside momentum yet, so any short-term move higher is expected to be met with more selling. The greater than 100% retracement from the August high to the June...
by Dan Gibby | Sep 26, 2022 | Chart of the Week Past
Stocks and ETFs get overbought (excessive greed) or oversold (excessive fear), but those terms are not tradable patterns or trading strategies. Being overbought or oversold does not mean to short/buy since prices can get more overbought or oversold because of human...
by Dan Gibby | Sep 25, 2022 | Past Weekly Options Letters
Last week we said, “There is nothing positive about the market.” Wow, you can say that again! The bulls who were hoping for less hawkish language at last Wednesday’s FOMC interest rate announcement were sorely disappointed. The markets continued their slide towards...
by Dan Gibby | Sep 25, 2022 | ETF Past Letters
Last week we said, “There is nothing positive about the market.” Wow, you can say that again! The bulls who were hoping for less hawkish language at last Wednesday’s FOMC interest rate announcement were sorely disappointed. The markets continued their slide...
by Dan Gibby | Sep 25, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “Until proven otherwise by a deeper retracement higher, the best that can be imagined is a short-term neutral bias. The internal market gauges are at the beginning of an extreme reading but will likely move to...
