by Dan Gibby | Aug 6, 2019 | Past Weekly Options Letters
Here is our video explaining the trades recommended today during the market. We have combined this video for both advisory letters since the market overview and review of stocks of interest apply to both. [s3mm type=”video”...
by Dan Gibby | Aug 4, 2019 | Master Trader Advisory Letter Past
In last Monday’s letter, I pointed out that the week to week pattern has been an advance, followed by minor corrections, and then another advance has been the norm since the recent advance started in June. And said, if the pattern is to continue, the expectation would...
by Dan Gibby | Aug 4, 2019 | ETF Past Letters
The S&P 500 Index fell 3.1% and Nasdaq fell 3.9% after Trump announced an additional 10% levy on an additional $300 billion of Chinese goods Sep. 1st. The broader markets had a paper loss of about $1.1 trillion. The Fed delivered the expected rate cut, but the...
by Dan Gibby | Aug 3, 2019 | Past Weekly Options Letters
Below is a daily chart of Alphabet Inc. (GOOGL). Trade: Over $1210.00, consider shorting Aug. (8/9) $1185/1175 bull put credit spread (5 DTE) for mid-point but limit of $2.25/share (closed at $3.00/share). Technical Setup: Buy Setup after Pro Gap on earnings...
by Dan Gibby | Jul 31, 2019 | Past Weekly Options Letters
Here is our video explaining the trades recommended today during the market, plus other trade adjustments on open trades: [s3mm type=”video” source=”cloudfront” cfurl=”dar5o8cgblg7k.cloudfront.net”...