by Dan Gibby | May 1, 2022 | Past Weekly Options Letters
The broader markets closed negative – and at the lows — last week, with the Nasdaq down 4.2%, its worse month since 2008 (and worse start to a year since 1971). With the Fed having the FOMC meeting this week, investors continue to be worried about rising...
by Dan Gibby | Apr 24, 2022 | Past Weekly Options Letters
The broader markets closed negative for the third consecutive week, with QQQ down over 2% again. The Dow had its worse day since 2020. Last week’s Bull Sandwich pattern strongly suggested it’s going lower – it did, with a vengeance! Bond yields rose for the third...
by Dan Gibby | Apr 24, 2022 | ETF Past Letters
The broader markets closed negative for the third consecutive week, with QQQ down over 2% again. The Dow had its worse day since 2020. Bond yields rose for the third consecutive week – now approaching 3% — on increased concerns for more rapid interest...
by Dan Gibby | Apr 24, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “It’s a matter of time when the market goes lower, not if it’s going lower. Of course, like all patterns we trade, there must be a confirmation of breaking either a prior bar’s low or a prior bar’s...
by Dan Gibby | Apr 16, 2022 | ETF Past Letters
The broader markets closed negative for the second consecutive week, with QQQ and SPY both down over 2%. March CPI was 8.5% above its level a year earlier, PPI up 11.2%, confirming what we already knew. Fuel costs are heavily restraining discretionary spending...
