by Dan Gibby | Jul 21, 2024 | ETF Past Letters
The week before last, the four major Index ETFs rocked on softer CPI data and the hopes of a soft landing and interest rate cuts. The rotation into small-caps and value stocks (IWM) was impressive as the profit-taking was seen in the Magnificent Seven and tech...
by Dan Gibby | Jul 21, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "We now have one signaling that the risk of being long is high.In the coming week, we will be looking at how financials perform relative to their earnings reports, how small caps perform relative to their advance last week,...
by Dan Gibby | Jul 21, 2024 | Past Weekly Options Letters
The week before last, the four major Index ETFs rocked on softer CPI data and the hopes of a soft landing and interest rate cuts. The rotation into small-caps and value stocks (IWM) was impressive as the profit-taking was seen in the Magnificent Seven and tech stocks...
by Dan Gibby | Jul 14, 2024 | ETF Past Letters
The four major Index ETFs rocked last week on softer CPI data. The SPY and QQQ again closed at new all-time highs despite the bearish reversals on Thursday. But the most recognizable event was the massive sector rotation which drove the IWM up 6% on the week! ...
by Dan Gibby | Jul 14, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"The internal market gauges are not aligned, so we do not have a signal, but that may come this week if the breadth continues to improve.Software and Internet stocks also advanced, and the breadth improved in the NASDAQ 100, with...