by Dan Gibby | May 12, 2024 | Master Trader Advisory Letter Past
We said last week:"The Dollar, interest rates, Crude Oil, Agriculture ETF, and commodity tracking ETF all moved lower last week.Suppose they stay at these levels? Ideally, the Dollar and interest rates move lower. In that case, those MTS techno-fundamental events will...
by Dan Gibby | May 12, 2024 | ETF Past Letters
Markets churned higher last week deeper into resistance, despite rising consumers’ inflation expectations and bearish sentiment. The University of Michigan’s latest sentiment reading (measuring consumers’ attitudes about the economy) fell to a six-month low....
by Dan Gibby | May 12, 2024 | Past Weekly Options Letters
Markets churned higher last week deeper into resistance, despite rising consumers’ inflation expectations and bearish sentiment. The University of Michigan’s latest sentiment reading (measuring consumers’ attitudes about the economy) fell to a six-month low. Inflation...
by Dan Gibby | May 6, 2024 | Master Trader Advisory Letter Past
We said last week:"I do not have a strong bias for the market direction early this week; however, there isn't significant market-moving economic news until Wednesday. The typical price action has been for prices to advance ahead of the news and then stand aside to see...
by Dan Gibby | May 5, 2024 | Past Weekly Options Letters
Friday’s jobs report showed a slowing labor market which caused a large bullish gap in all broader markets as it renewed hopes for more rate cuts this year. Thereafter, it was pretty much a go-nowhere day but many look higher over Friday’s high. The markets had wild...
