by Dan Gibby | Jan 28, 2024 | Past Weekly Options Letters
The bulls remain in control, with the SPY, QQQ, and DIA booking more gains and closing at or near record highs. Even before the 11/2 FOMC announcement — where Powell discussed the end of rate hikes — the markets have been partying like it’s 1999. The...
by Dan Gibby | Jan 28, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500 NASDAQ 100 broke out of a one-month trading range, and unless something shocks the markets, they will go higher.The next resistance area in the S&P 500 is 4900, which should be easily attainable. There...
by Dan Gibby | Jan 28, 2024 | ETF Past Letters
The bulls remain in control, with the SPY, QQQ, and DIA booking more gains and closing at or near record highs. Even before the 11/2 FOMC announcement — where Powell discussed the end of rate hikes — the markets have been partying like it’s 1999....
by Dan Gibby | Jan 21, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The move up last week in the S&P 500 to resistance and the dip bought on Thursday, followed by the consolidation on Friday, suggests prices should rise above last week's high.4800 has been a sticking point in the...
by Dan Gibby | Jan 21, 2024 | ETF Past Letters
The bulls remain in control, with the SPY, QQQ, and DIA closing at record highs. At the beginning of the week, the S&P 500 dropped 1.1% which could have set up an M-Top and deeper retracement; however, it closed up 1.2% for the week. Not even a rise in the...