by Dan Gibby | Nov 5, 2023 | ETF Past Letters
The broader markets and bonds (with yields falling) were in party mode last week for various reasons. The main catalysts were favorable economic reports showing a slowing economy (and possible “soft landing”), the FOMC’s announcement last Wednesday and growing...
by Dan Gibby | Oct 29, 2023 | ETF Past Letters
So far we are getting our desired outcome in the broader markets with the sell-off last week closing at the lows after the failed attempt to retrace much higher last Monday and Tuesday. Last week we said, “We still have a bearish bias on a continuation pattern....
by Dan Gibby | Oct 22, 2023 | ETF Past Letters
The broader markets sold off last week closing at the lows. We still have a bearish bias on a continuation pattern. The Nasdaq Composite was the worst – down over 3% — as longer-term Treasury yields approached 5%, the highest in 16 years. The many...
by Dan Gibby | Oct 15, 2023 | ETF Past Letters
The broader markets amazingly closed the week relatively unchanged despite the many swirling news events. Last Monday, the broader markets gapped down following the news over the weekend that war had broken out between Israel and Hamas. It was amazing how...
by Dan Gibby | Oct 8, 2023 | ETF Past Letters
The broader markets had a robust bullish reversal day last Friday, setting up short-term bottoms. Last week we said, “Ideally, the week’s beginning will start with interest rates moving higher, the US Dollar moving higher, and the markets moving lower....
by Dan Gibby | Oct 1, 2023 | ETF Past Letters
The broader markets have been selling off ever since Powell’s commentary in the last FOMC meeting. We said that September is historically the worst month of the year, and played out last month. The markets got extended through Wednesday and things were setting...
