by Dan Gibby | Oct 4, 2020 | ETF Past Letters
Despite the various bad news throughout the week, the oversold markets managed to bounce after their multi-week declines. But the longer time frames don’t suggest any big upside. The markets closed weak, however – particularly the QQQ, after the negative gap down on...
by Dan Gibby | Oct 4, 2020 | Master Trader Advisory Letter Past
The price action in the broader markets last week and most sectors were similar to the Presidential debate: the back-and-forth argument between bulls and bears was unruly and relentless. On a week-to-week basis, the Bulls got the small win, but both sides came out of...
by Dan Gibby | Oct 4, 2020 | Past Weekly Options Letters
17 for 17 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. Your picks this week have been absolutely AWESOME!!! Scott T. Despite the various bad news throughout the week, the oversold markets managed to bounce...
by Dan Gibby | Sep 27, 2020 | ETF Past Letters
The markets were overall down again last week, as expected. Although the rush back into “stay-at-home” stocks, the tech-heavy Nasdaq closed positive for the week. SPY, DIA, and IWM were down for a fourth week, with energy and financials leading the way down. Credit...
by Dan Gibby | Sep 27, 2020 | Master Trader Advisory Letter Past
Last week’s trading action started with a rush to “a bottom.” On Monday, the S&P 500 gapped below the prior Friday’s low and fell until the 3 o’clock ET reversal. As the S&P 500 reached the area of one of our first downside...
