by Dan Gibby | Mar 10, 2019 | Mastertrader Market Results
We finally got our bearish crack in the overbought markets since the incredible retracement off the December lows. Our market internals gave us the “heads up,” and the M-Tops in the Index ETFs gave us the green light to short. Both new and seasoned subscribers have...
by Dan Gibby | Mar 10, 2019 | Master Trader Advisory Letter Past
The broader markets have had an incredible run, but they couldn’t beat the record of 10 weekly highs in a row. Last week, all four of the broader market indices that we monitor broke their respective prior weekly low. They also formed Bearish Wide Range Bars (-WRB),...
by Dan Gibby | Mar 10, 2019 | ETF Past Letters
The broader markets finally gave it up, closing with bearish engulfing bars, suggesting lower prices. We have been waiting for this reversal after such a bullish run because of the weekly Sell Setups and overbought market internals. We added bearish swing...
by Dan Gibby | Mar 10, 2019 | Past Weekly Options Letters
Another great week: 92% CLOSED GAINS on last week’s 12 closed trades! Please see the video below for a review of all open and closed trades. Below is a daily chart of Allergan plc (AGN). Trade: Over $145.45, consider shorting Mar (3/15) $141/135...
by Dan Gibby | Mar 7, 2019 | Past Weekly Options Letters
Here is our video explaining the trades recommended today during the market, plus other trade adjustments on open trades: [s3mv fileName=’Dan+-+Letter+Videos/weekly+options+intraday+trade+update+video+190307.mp4′ fileType=’video’...