by Dan Gibby | Feb 13, 2022 | ETF Past Letters
Following a bearish island reversal gap down on Thursday, the broader markets and most sectors (other than oil ETFs, gold, and interest rates TBT) closed with bearish Wide Range Bars (-WRBs), suggesting lower prices. The obvious fears are tightening monetary...
by Dan Gibby | Feb 6, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “The erratic bottoming pattern across most broader markets and indices signals that the markets should – and must – move higher early in the week. With the internals at an extreme, the downside – if any...
by Dan Gibby | Feb 6, 2022 | Past Weekly Options Letters
The broader markets and most sectors advanced last week as predicted and stopped near their targeted areas. The S&P 500 fell short of reaching its declining 50-MA, and the NASDAQ 100 could only reach its declining 20-MA. Once at those moving averages which were...
by Dan Gibby | Feb 6, 2022 | ETF Past Letters
The broader markets and most sectors advanced last week as predicted and stopped near their targeted areas. Friday had a positive earnings report which caused interest rates to spike. A better labor market is translating into higher interest rates. Gold acted...
by Dan Gibby | Jan 30, 2022 | Past Weekly Options Letters
Equity markets closed at their highs after extremely volatile intra-day whiplash within last Monday’s wide range reversal bar. Last week was a wild session of day-to-day whipsaws up and down, but our turnaround scenario ended as anticipated by the end of the week....
