by Dan Gibby | Oct 13, 2024 | ETF Past Letters
The broader markets were firing on all cylinders last week, with the Dow and S&P closing at all-time highs. Technology, financials, and even the lagging IWM and transports kicked it into high gear Friday and closed with a bullish Wide Range Bar (+WRB)....
by Dan Gibby | Oct 13, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"Based on last week’s price action and Friday's overall positive recovery, the broader markets must go up, or it will be a bearish signal.The bearish extreme and sentiment have been partially worked off last week, and breath is...
by Dan Gibby | Oct 6, 2024 | Past Weekly Options Letters
For the week, the broader markets drifted lower until the bullish gap and moved up on Friday after the positive employment data. The Dow closed at all-time highs, IWM was the weakest (avoid), and the SPY and QQQ closed relatively flat, and are in small trading ranges....
by Dan Gibby | Oct 6, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"Finally, getting the cut alleviated much of that uncertainty, and there has been a significant increase in bullish sentiment, which is a concern.When sentiment becomes excessively bullish, the markets are vulnerable to a...
by Dan Gibby | Oct 6, 2024 | ETF Past Letters
For the week, the broader markets drifted lower until the bullish gap and moved up on Friday after the positive employment data. The Dow closed at all-time highs, IWM was the weakest (avoid), and the SPY and QQQ closed relatively flat, and are in small trading...
