by Dan Gibby | May 5, 2024 | ETF Past 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...
by Dan Gibby | Apr 28, 2024 | Past Weekly Options Letters
All broader markets and S&P sectors rallied last week despite ongoing inflation worries, rising yields, more hawkish Fed speak, and geopolitical uncertainty. We said that a “turn” was imminent based on the extended markets and bullish internals. It was also...
by Dan Gibby | Apr 28, 2024 | ETF Past Letters
All broader markets and S&P sectors rallied last week despite ongoing inflation worries, rising yields, more hawkish Fed speak, and geopolitical uncertainty. We said that a “turn” was imminent based on the extended markets and bullish internals. It was...
by Dan Gibby | Apr 28, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500 and 100 are nearing relatively significant support levels, and we hope they drop into those areas early next week.Breadth reached an extreme at the end of last week, so it is close to where markets have...
by Dan Gibby | Apr 21, 2024 | ETF Past Letters
All broader markets and S&P sectors (except for energy) were down last week on inflation worries, rising yields, more hawkish Fed speak, and geopolitical uncertainty. We said last week, “The S&P 500 now has a rounding top or a Head & Shoulders Top. ...
