by Dan Gibby | Jun 5, 2022 | ETF Past Letters
The broader markets closed mostly lower, chopping around in a wacky trading range. Treasury yields and oil rose. QQQ, SPY, and DIA were down about 1% on the week. The S&P 500 is down 12.76% for the first five months of 2022. However, the bearish reversals...
by Dan Gibby | May 29, 2022 | ETF Past Letters
The broader markets broke their 7-8 week losing streak with robust rallies across the board, closing at their highs on Friday. Bear market rally or the start of a bottom? The media’s rationale was that the Fed might not have to tighten monetary policy...
by Dan Gibby | May 29, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “The broader markets are entering the price support area that we have been focused on for a long time now, so the odds of a turning point that forms have great odds of following through. The internal market gauges...
by Dan Gibby | May 29, 2022 | Past Weekly Options Letters
13 for 13 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. The broader markets broke their 7-8 week losing streak with robust rallies across the board, closing at their highs on Friday. Bear market rally or the...
by Dan Gibby | May 22, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “Based on last week’s end-of-week reversal, the markets can move slightly higher within the downtrend. Recently, there hasn’t been any follow-through to the initial strength, but there may be a move a bit...
