by Dan Gibby | May 22, 2022 | Past Weekly Options Letters
13 for 14 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. Despite the broader markets’ late afternoon short-covering rally Friday afternoon, the S&P was down almost 20% at its low. The Nasdaq is already...
by Dan Gibby | May 21, 2022 | ETF Past Letters
Despite the broader markets’ late afternoon short-covering rally Friday afternoon, the S&P was down almost 20% at its low. The Nasdaq is already in a bear market and was approaching a 30% drop. According to Wilshire Associates, the U.S. stock market...
by Dan Gibby | May 15, 2022 | Past Weekly Options Letters
The broader markets rallied late afternoon Thursday and Friday after being on the verge of collapse. But this begs the question of whether or not this is the start of a bottoming process or a bear market rally? The Nasdaq is in a bear market; the S&P was down...
by Dan Gibby | May 15, 2022 | ETF Past Letters
The broader markets rallied late afternoon Thursday and Friday after being on the verge of collapse. But this begs the question of whether or not this is the start of a bottoming process or a bear market rally? The Nasdaq is in a bear market; the S&P was...
by Dan Gibby | May 15, 2022 | Master Trader Advisory Letter Past
Last week’s comments included: “Every rally has been met with an overwhelming amount of selling that looks like prices will collapse lower, but they have not. The large open interest bearish bets are still slightly below current prices. If prices...