by Dan Gibby | Jan 5, 2025 | Master Trader Advisory Letter Past
Some of last week's comments included,"These ETFs could continue lower toward last week’s low, but all are in weekly uptrends and with the bullish end-of-year seasonality, it’s not great odds.As mentioned in the comments above, this week's market direction appears to...
by Dan Gibby | Dec 29, 2024 | Past Weekly Options Letters
Starting the week, there was buying that advanced prices toward resistance; markets closed for the holiday, and trading resumed on Thursday and Friday. The prices were at their respective resistance areas, where buyers had gotten caught by the downdraft caused by the...
by Dan Gibby | Dec 29, 2024 | ETF Past Letters
Starting the week, there was buying that advanced prices toward resistance; markets closed for the holiday, and trading resumed on Thursday and Friday. The prices were at their respective resistance areas, where buyers had gotten caught by the downdraft caused...
by Dan Gibby | Dec 29, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"The internal market gauges are not aligned bullishly yet, so we haven't received a signal of the end of the ongoing correction.Breadth has entered a bullish level, but without consensus on sentiment, this can only mean that the...
by Dan Gibby | Dec 22, 2024 | ETF Past Letters
Last week we said, “Other than technology and the Magnificent Seven, most stocks sold off starting about two weeks ago when our market internals flashed a bearish signal. . . . But as you can see with the bad breadth and many weak sectors, perhaps the...
