by Dan Gibby | Mar 10, 2024 | ETF Past Letters
Last week we said, “The stock market just doesn’t want to go down, despite many things thrown at it like the ongoing inflation challenge, wars, etc.” The S&P 500 made a new closing all-time high on Thursday. The NASDAQ 100 was close. Both are impressive...
by Dan Gibby | Mar 3, 2024 | ETF Past Letters
The stock market just doesn’t want to go down, despite many things thrown at it like the ongoing inflation challenge, wars, etc. The S&P 500 of the NASDAQ 100 made closing all-time highs. The top gainers were semiconductors and AI stocks. Risk assets like...
by Dan Gibby | Feb 25, 2024 | ETF Past 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...
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...
by Dan Gibby | Feb 4, 2024 | ETF Past Letters
The bulls remain in control, with the S&P 500, the Dow, and the NASDAQ 100 making new all-time highs. This occurred despite worsening wars, less expected rate cuts, mixed earnings results from the Mag 7, and another bombshell announcement from the regional...
