by Dan Gibby | Jan 30, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “Based on Friday’s close, the S&P 500 should hit that 10% correction or more this week. There is no immediate price support to the left, so we wouldn’t expect buyers to show up in force until prices reach the October low...
by Dan Gibby | Jan 30, 2022 | ETF Past Letters
Equity markets closed at their highs after extremely volatile intra-day whiplash within last Monday’s wide range reversal bar. With bullish market internals, this is the type of bottoming action we were looking for as it created support. The same fears...
by Dan Gibby | Jan 23, 2022 | Past Weekly Options Letters
Equity markets had their worse week in months, closing at the lows, and looking lower. The S&P was down 5.7%, Dow industrials lost 4.6%, and Nasdaq 7.6%. The intra-day reversals were rare. Both Thursday and Friday the Nasdaq was up 1-2% in the day but then closed...
by Dan Gibby | Jan 23, 2022 | ETF Past Letters
Equity markets had their worse week in months, closing at the lows, and looking lower. The S&P was down 5.7%, Dow industrials lost 4.6%, and Nasdaq 7.6%. The intra-day reversals were rare. Both Thursday and Friday the Nasdaq was up 1-2% in the day but then closed...
by Dan Gibby | Jan 23, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “This year, it seems highly likely that a larger correction is coming than we have seen recently. The recent relatively large sharp drops and corrective patterns over the last couple of months suggest the upside is...
