by Dan Gibby | Sep 24, 2018 | Master Trader Advisory Letter Past
The DIA, after making new all-time highs last week, continue to retrace as expected. SPY, QQQ, and IWM are all neutral, putting us in a “selective mode” to only trade things which have great charts and are ignoring the broader markets. MDT was one today;...
by Dan Gibby | Sep 23, 2018 | Master Trader Advisory Letter Past
Another interesting week in the markets! We were bullish on DIA and SPY and had bullish stock and options trades in both. DIA was the star, gaining 2.25% on the week, followed by SPY +.85%. And this occurred with the ongoing bearish news on trade wars, etc. QQQ, IWM...
by Dan Gibby | Sep 23, 2018 | Past Weekly Options Letters
Below is a daily chart of Deere & Company (DE). Trade: Consider shorting Sep (9/28) $148/143 bull put credit spread (5 DTE) between $.50-.55/share (closed at $.40/share but we are looking for further weakness to get a higher credit)....
by Dan Gibby | Sep 23, 2018 | ETF Past Letters
Another interesting week in the markets! We were bullish on DIA and SPY (in that order), and gave DIA as a new long recommendation last week since we were predicting a new all-time high in the DIA. DIA was a star, gaining 2.25% on the week, followed by SPY +.85%. And...
by Dan Gibby | Sep 21, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: Bear Call Credit Spread Idea on MLM 9-21-18 Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 9/21: MLM – Consider...
