by Dan Gibby | Apr 21, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "Nothing short of a miracle will save this market from correcting further.The internal market gauges are not extreme and, surprisingly, there wasn't a large amount of put buying on Friday like the prior three weeks."...
by Dan Gibby | Apr 21, 2024 | Past Weekly Options 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. ...
by Dan Gibby | Apr 14, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The sideways consolidation in many indices and sectors followed by Thursday's bearish reversal bar indicates the correction will continue.The 10- and 30-year interest rates charts suggest that they will move higher, and if...
by Dan Gibby | Apr 14, 2024 | ETF Past Letters
All broader markets and S&P sectors (except for energy) were down last week on Inflation worries (rising CPI) and geopolitical uncertainty. The S&P 500 now has a rounding top or a Head & Shoulders Top. There’s no reason to think markets...
by Dan Gibby | Apr 14, 2024 | Past Weekly Options Letters
All broader markets and S&P sectors (except for energy) were down last week on Inflation worries (rising CPI) and geopolitical uncertainty. The S&P 500 now has a rounding top or a Head & Shoulders Top. There’s no reason to think markets won’t...