by Dan Gibby | Sep 18, 2022 | Past Weekly Options Letters
The week before last the markets continued their bullish rise after failed bearish continuation patterns. That came to an abrupt end last Tuesday with the horrible CPI numbers, confirming that inflation is high and entrenched. Core CPI rose twice the forecast. The...
by Dan Gibby | Sep 18, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “All the broader markets and most sectors will hit their respective resistance areas this week if they move higher. A see-saw week is certainly possible, especially because the end of the week will be a...
by Dan Gibby | Sep 4, 2022 | ETF Past Letters
Last week we got our desired bearish continuation lower after the majority of stocks and ETFs closed with bearish wide range bars (-WRB) on the prior Friday, suggesting lower prices into the price void below. We said, “There are many patterns in sectors and...
by Dan Gibby | Sep 4, 2022 | Past Weekly Options Letters
Last week we got our desired bearish continuation lower after the majority of stocks and ETFs closed with bearish wide range bars (-WRB) on the prior Friday, suggesting lower prices into the price void below. We said, “There are many patterns in sectors and stocks...
by Dan Gibby | Sep 4, 2022 | Master Trader Advisory Letter Past
Some of last week’s comment’s included, “At this time, it will take a “Market Miracle” to stop prices from going lower. Our internal market gauges have room before reaching a bullish extreme together, so there is “gas in the tank”...