by Dan Gibby | Dec 22, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"Intermediate-term interest rates -- that recently broke down abruptly -- turned higher last week, putting additional pressure on select sectors.If interest rates continue higher at the start of the week, the broader markets will...
by Dan Gibby | Dec 22, 2024 | Past Weekly Options 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 underlying...
by Dan Gibby | Dec 15, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"Unless the underperforming sectors move higher, there will be little to stop the market from correcting lower next week.Interest rates have been declining, which has not helped most sectors stabilize, and that is...
by Dan Gibby | Dec 15, 2024 | ETF Past Letters
The Nasdaq rocked last week with the strength in the MAGS ETF, both closing at all-time highs, while other markets retraced. Other than technology and the Magnificent Seven, most stocks sold off starting about two weeks ago when our market internals flashed a...
by Dan Gibby | Dec 15, 2024 | Past Weekly Options Letters
9 for 10 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. The Nasdaq rocked last week with the strength in the MAGS ETF, both closing at all-time highs, while other markets retraced. Other than technology and the...