by Dan Gibby | Jul 27, 2025 | ETF Past Letters
The S&P 500 hit a record Friday for the ninth time this month while the Nasdaq posted its 13th high for July. For the week, the S& P 500 rose 1.5% while the Nasdaq and Dow gained 1% and 1.3%, respectively. The DIA was up 1.3% and is close to new...
by Dan Gibby | Jul 20, 2025 | ETF Past Letters
Momentum has stalled over the last couple of weeks, and the prevailing weekly trends remain unchanged, except for the Utilities, which have broken out.Wall Street continues to climb a “wall of worries” as the S&P 500 and the Nasdaq Composite closed at record highs...
by Dan Gibby | Jul 13, 2025 | ETF Past Letters
Despite markets being slightly down on the week, Wall Street continues to climb a “wall of worries” as the S&P 500 and the Nasdaq Composite closed at record highs for the second consecutive week. The Dow is not far behind.Semiconductors were strong, with...
by Dan Gibby | Jul 6, 2025 | ETF Past Letters
Last week we said, “Despite all the things to worry about, the stock market barreled higher last week, the S&P 500 and the Nasdaq Composite closed at record highs.”Ditto that, as the stock market gave investors plenty to celebrate the week leading into the Fourth...
by Dan Gibby | Jun 29, 2025 | ETF Past Letters
Despite all the things to worry about, the stock market barreled higher last week, the S&P 500 and the Nasdaq Composite closed at record highs.It appears that FOMO trumps trade wars and tariffs; fiscal fights over the big, beautiful tax bill; conflicts in the...
by Dan Gibby | Jun 22, 2025 | ETF Past Letters
The stock market was in a holding pattern this past week, primarily driven by the Israel-Iran conflict, with oil prices grinding higherThe stock market last week was primarily driven by the Israel-Iran conflict, which led to oil price spikes and market volatility,...