by Dan Gibby | Aug 7, 2022 | Past Weekly Options Letters
The broader markets continued the rally that started the prior week after the FOMC announcement. The QQQs were the best, up 2.15% on the week. Friday’s employment data were positive. New jobs were a blowout. The markets had an initial bearish reaction in the...
by Dan Gibby | Aug 7, 2022 | ETF Past Letters
The broader markets continued the rally that started the prior week after the FOMC announcement. The QQQs were the best, up 2.15% on the week. Friday’s employment data were positive. New jobs were a blowout. The markets had an initial bearish reaction in...
by Dan Gibby | Aug 7, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “This put/call tells us that institutions are skeptical about this advance and hedging their long trades or betting against the advance, and it will fail. We will not know the outcome until later, but their...
by Dan Gibby | Jul 31, 2022 | Past Weekly Options Letters
The broader markets had a beautiful 3-day rally starting Wednesday even before the FOMC announcement. It was the best month since November 2020. The bulls exuberantly delivered on the bullish bounce, whether rational or not. The likely reason is the favorable...
by Dan Gibby | Jul 31, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “Ideally, the markets will retrace early in the week before the Fed announcement and earnings reports of significance later in the week. Should that happen, and we see an increase in bearish bets (put options), it...
