by Dan Gibby | Jun 16, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"Equities have moved lower when interest rates and the Dollar have moved higher together. That wasn't the case on Friday. For the moment, there is a disconnect.As a quick guide to the broader markets, if the S&P 500 stays...
by Dan Gibby | Jun 16, 2024 | Past Weekly Options Letters
Hi, we set up a new channel for the Weekly Options Trader. Please log into your Member’s Area and click the Telegram link which will bring you to the new channel. Have a great weekend — and Happy Father’s Day! SPY and QQQ continued their strength,...
by Dan Gibby | Jun 16, 2024 | ETF Past Letters
SPY and QQQ continued their strength, closing at all-time highs, powered by AI-related and tech stocks. The S&P 500 was up 1.6% for the week while the Nasdaq rose 3.2%. Better-than-expected inflation readings for the CPI and PPI have pushed Treasury yields...
by Dan Gibby | Jun 9, 2024 | ETF Past Letters
The broader markets were mixed last week with the decline in Treasury yields from the beginning of the week. SPY and QQQ remained strong, closing at all-time highs. The DIA attempted to bounce and closed the week relatively flat. IWM was the weakest and looks...
by Dan Gibby | Jun 9, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"The breadth internal gauge reached an initial extreme near the end of last week that suggested stabilization but not of the magnitude of Friday's reversal.If only the technical chart of the S&P 500 were considered, the move...