by Dan Gibby | Mar 30, 2024 | ETF Past Letters
The market had a great start to 2024. The SPY closed at another all-time high, its 22nd record close year to date, the most in a first quarter since 1998. Even recent comments from Fed Governor Christopher Waller stressing the need for sustained improvement in...
by Dan Gibby | Mar 24, 2024 | ETF Past Letters
Based on the previous inflation data reported the week before and the charts we reviewed last weekend showing the rising Oil, Agriculture, and commodities, everyone knew the Fed would not lower interest rates. The big question was, what would the Fed Chairman...
by Dan Gibby | Mar 24, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "If Powell should say that the recent inflation data will make it more difficult for a rate cut, the probability for the markets to sell off is very likely.If he makes light of last week's inflation data, I imagine the...
by Dan Gibby | Mar 24, 2024 | Past Weekly Options Letters
The Fed didn’t disrupt the bulls’ party on Wednesday during the FOMC announcement so the party rolled on, despite a small pullback on Friday. SPY, QQQ, and DIA closed at all-time highs. Big Tech remains strong. NVDA, NFLX, and META had a great week, among many...
by Dan Gibby | Mar 17, 2024 | ETF Past Letters
We have been saying recently, “The stock market just doesn’t want to go down, despite many things thrown at it like the ongoing inflation challenge, wars, etc.” Nothing has been able to kill this bull market with the “soft landing” scenario, although some clear...
