by Dan Gibby | Feb 3, 2019 | ETF Past Letters
While Amazon put a damper on the markets’ bullish enthusiasm Friday, most market indices and sectors were little affected. The depth of the broader markets retracement from the post-Christmas low has been in the area of 15% in the broader markets and about 10%...
by Dan Gibby | Feb 3, 2019 | Master Trader Advisory Letter Past
Last week the broader markets gapped lower on Monday. There was additional selling on Tuesday; however, on Wednesday, buyers crushed sellers once again. The broader markets and most stocks gapped higher and continued higher on Thursday, which was helped by Facebook...
by Dan Gibby | Feb 3, 2019 | Past Weekly Options Letters
Below is a daily chart of Zscaler, Inc. (ZS). Trade: Over $48.85, consider shorting Feb (2/15) $45/39 bull put credit spread (12 DTE) for a limit of $.50/share (closed at $.55/share). Technical Setup: Bullish +123 Breakout from consolidation daily, bullish...
by Dan Gibby | Jan 31, 2019 | Master Trader Advisory Letter Past
Here is our video explaining the trades recommended today during the market, plus other trade adjustments, open trades and new bullish setups we are watching. [s3mv fileName=’Dan+-+Letter+Videos/advisory+ltr+trade+update+video+190131.mp4′...
by Dan Gibby | Jan 28, 2019 | ETF Past Letters
The markets gapped down on the daily charts, but the bulls still are not giving it up yet, holding weeks support. NEW ETF TRADE IDEA Below is a daily/weekly chart of Direxion Daily S&P Biotech Bear 3X ETF (LABD). Trade: Over $30.58,...
