by Dan Gibby | Aug 30, 2026 | MasterTrader Advisory Letter
A Two-Act Market: Earnings Strength, Then a Fed Reality CheckLast week belonged to earnings through Thursday and the Federal Reserve on Friday. Nvidia and Salesforce supported large-cap technology, but Fed Chair Kevin Warsh's Jackson Hole message pushed interest rates...
by Dan Gibby | Aug 23, 2026 | MasterTrader Advisory Letter
The Setup Is Tightening—Stay ReadyThe markets have had to absorb more government intervention than I believe is healthy, and the result has been an increasingly erratic trading environment. Prices move sharply in one direction, a policy headline or geopolitical report...
by Dan Gibby | Aug 16, 2026 | MasterTrader Advisory Letter
Bullish Consolidation—With a Rate ProblemAfter finally breaking out of its three-month trading range, the market spent last week doing something far less exciting—but potentially constructive.It went sideways.The major averages chopped back and forth with overlapping...
by Dan Gibby | Aug 9, 2026 | MasterTrader Advisory Letter
The Drought Is Over - MaybeThe advance from the April low was significant enough that one of two things was likely: a prolonged sideways consolidation or a deeper price correction. The market ultimately gave us some of both.Using the S&P 500 as the benchmark,...
by Dan Gibby | Aug 2, 2026 | MasterTrader Advisory Letter
A Market of Extremes—But Not a Broad-Market BreakdownThe stock market has delivered some extraordinary moves over the past several months—but the major averages tell only part of the story.Beneath the surface, several of the groups that led the advance from the April...
by Dan Gibby | Jul 26, 2026 | MasterTrader Advisory Letter
The markets have been correcting for roughly two and a half months. However, this has not been a traditional correction in which the major averages develop a sustained decline. It has primarily been a correction through time - a wide, erratic trading range in which...