by Dan Gibby | Jul 7, 2019 | ETF Past Letters
The S&P 500 Index closed up over 1.6% in the holiday-shortened week on a trade war cease fire and expectations of rate cut. Last Friday’s robust jobs report caused the markets to gap down apparently because the positive news on hiring will give the Fed reason to...
by Dan Gibby | Jul 7, 2019 | Master Trader Advisory Letter Past
The broader markets continued their move higher that began at the beginning of June but at a slower pace. The relief that more tariffs that would escalate the trade wars with China are “on hold” gave the markets a reason to gap higher last Monday. The...
by Dan Gibby | Jul 7, 2019 | Past Weekly Options Letters
Below is a daily chart of Roku, Inc. (ROKU). Trade: Over $98.44, consider shorting July (7/12) $92.5/87.5 bull put credit spread (5 DTE) for mid-point but limit of $.45/share (closed at $.49/share). Technical Setup: Bullish +123 from Gap Reversal on r50-MA...
by Dan Gibby | Jul 1, 2019 | Master Trader Advisory Letter Past
Here is our video explaining the trades recommended today during the market, plus other trade adjustments on open trades: [s3mv fileName=’Dan+-+Letter+Videos/advisory+trade+update+video+180701.mp4′ fileType=’video’...
by Dan Gibby | Jun 30, 2019 | Master Trader Advisory Letter Past
Last week the markets seemed to be taking an early leave ahead of the July 4th holiday this week. There were many indices and sectors that traded inside the prior week’s range — or what’s called an inside week. Even the ones that were not an inside week (i.e.,...
