by Dan Gibby | Nov 21, 2021 | ETF Past Letters
The broader markets were mixed last week. DIA and IWM retraced as predicted. SPY closed bullish at the prior high without giving any clear bias. QQQ showed incredible relative strength, closing at all-time highs. Robust rallies in tech-heavy AMZN, MSFT, AAPL, TSLA,...
by Dan Gibby | Nov 14, 2021 | ETF Past Letters
The broader markets retraced (in a bullish fashion) as predicted last week. Supply chain problems persist. Most believe that the Fed has been “behind the curve” in its supportive policies, fueling inflation and asset bubbles. The job market remains tight. ...
by Dan Gibby | Nov 7, 2021 | ETF Past Letters
The broader markets continued their robust rally started from the bullish reversal on 10/13 and even accelerated following the FOMC announcement last Wednesday at 2 ET. Although the Fed announced as expected the start of bond tapering by $15 billion a month, it...
by Dan Gibby | Oct 31, 2021 | ETF Past Letters
Other than an early scare with the flattening of the yield curve, the traditional scary month for the stock market didn’t come to fruition this year as the broader markets continued their robust rally started from the bullish reversal on 10/13. The S&P 500,...
by Dan Gibby | Oct 24, 2021 | ETF Past Letters
The broader markets continued their robust rally started from the bullish reversal on 10/13, with the Dow-30 closing at all-time highs, as we predicted in last weekend’s letter. We asked last week whether the downtrend was over. We said, “Possibly, the next...
by Dan Gibby | Oct 17, 2021 | ETF Past Letters
The broader markets rallied robustly from Wednesday’s bullish reversal close, with the SPY, DIA, and IWM closing above their 50-MA and Major Resistance, breaking the downtrend. So, is the downtrend over and last week was the buyable October low? Possibly, the...
