by Dan Gibby | Jul 31, 2022 | ETF Past 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. We commented, “could this be the start of a short- to intermediate-term bottom, or just another bear market bounce...
by Dan Gibby | Jul 24, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “The internal market gauges have backed away from bearish extremes but are nowhere close to being bullish. Breadth (advancers minus decliners) was very positive on Friday, but those bullish extremes have not recently...
by Dan Gibby | Jul 24, 2022 | ETF Past Letters
The broader markets had a nice bounce to close the week positive but had a bearish reversal on Friday, particularly with many Nasdaq stocks. Last week we said, “Friday’s bullish gap and close followed more positive retail sales. The fact that it digested the...
by Dan Gibby | Jul 24, 2022 | Past Weekly Options Letters
The broader markets had a nice bounce to close the week positive but had a bearish reversal on Friday, particularly with many Nasdaq stocks. Last week we said, “Friday’s bullish gap and close followed more positive retail sales. The fact that it digested the bad news...
by Dan Gibby | Jul 17, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “All markets and the majority of sectors are below their major moving averages, and with most moving averages pointing lower, there is no significant signal of a bottom yet. With Major Resistance a significant...
