by Dan Gibby | Feb 25, 2024 | Past Weekly Options Letters
The broader markets were up last week with SPY, DIA, and QQQ closing at all-time highs. Again. Early in the week got a retracement on the stronger-than-expected CPI (inflation) readings. The SPY and DIA closed with Buy setups Wednesday leading into Nvidia’s (NVDA)...
by Dan Gibby | Feb 18, 2024 | Past Weekly Options Letters
The broader markets were down marginally last week but we knew a retracement was inevitable being so extended and with the bearish sentiment (i.e., too many bullish bets). What was more impressive, however, was the robust market rally following the bearish gap last...
by Dan Gibby | Feb 18, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500 ETF closed above 500 and a new all-time high last week. Prices have begun to "lift-off" away from the 20-MA. The further it moves away from the moving average and price support, the greater the probability...
by Dan Gibby | Feb 18, 2024 | ETF Past Letters
The broader markets were down marginally last week but we knew a retracement was inevitable being so extended and with bearish sentiment (i.e., too many bullish bets). What was more impressive, however, was the robust market rally following the bearish gap last...
by Dan Gibby | Feb 11, 2024 | ETF Past Letters
It’s Deja Vue again: The bulls remain in control, with the S&P 500, the Dow, and the NASDAQ 100 making new all-time highs. The media joined in with their party hats as the SPX closed above the 5000 milestone to new highs. The S&P 500 ETF has begun to...
