by Dan Gibby | Jun 9, 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. The broader markets were mixed last week with the decline in Treasury yields...
by Dan Gibby | Jun 2, 2024 | ETF Past Letters
Most markets retraced last week as expected since we have been warning of the bearish signal from our market internals. Last week we cautioned, “The internal market gauges are still working off reaching a bearish extreme, so the upside should be limited.” It...
by Dan Gibby | Jun 2, 2024 | Master Trader Advisory Letter Past
We said last week:"The internal market gauges are still working off reaching a bearish extreme, so the upside should be limited. Until those economic reports come out, the downside should also be limited.A break below Thursday's low (set an alert) on the S&P 500...
by Dan Gibby | Jun 2, 2024 | Past Weekly Options Letters
Most markets retraced last week as expected since we have been warning of the bearish signal from our market internals. Last week we cautioned, “The internal market gauges are still working off reaching a bearish extreme, so the upside should be limited.” It was...
by Dan Gibby | May 26, 2024 | Past Weekly Options Letters
The axiom, “Sell in May and go away,” has not worked so far. Despite the Dow Jones Industrial Average being the weakest on last week’s deep retracement, it is still up more than 3% this month. The S&P 500 gained 5%, and the Nasdaq Composite up 8%. Regarding last...
