by Dan Gibby | Apr 25, 2021 | ETF Past Letters
Although we were hoping to discuss a well-needed pullback in the markets, they instead were “running in place,” but with wild swings. Last week the S&P 500 lost .13 %, the NASDAQ composite lost .25 %, and the Dow Jones lost .46 %. Based on those percentages, it...
by Dan Gibby | Apr 18, 2021 | ETF Past Letters
We can’t wait for the time when the opening commentary will discuss a healthy, well-needed pullback in the markets. Instead, like Groundhog Day (week), the broader markets were bullish all week, with SPY and DIA closing at record highs, as earnings season started with...
by Dan Gibby | Apr 11, 2021 | ETF Past Letters
The last two week’s opening comments remain the same: “Unphased by the negative effects of Biden’s plans to raise taxes, the broader markets surged into the close on Friday, with SPY and DIA closing at record highs.” The Nasdaq 100 closed just 1.4% away from its...
by Dan Gibby | Apr 4, 2021 | ETF Past Letters
Last week’s opening comments remain the same: “Unphased by the negative effects of Biden’s plans to raise taxes, the broader markets surged into the close on Friday, with SPY and DIA closing at record highs.” The narrative for the bulls – which has been fairly...
by Dan Gibby | Mar 28, 2021 | ETF Past Letters
Unphased by the negative effects of Biden’s plans to raise taxes, the broader markets surged into the close on Friday, with SPY and DIA closing at record highs. The Nasdaq and high-valued stay-at-home stocks have been underperforming with the rise in 10-year yields...
by Dan Gibby | Mar 21, 2021 | ETF Past Letters
The broader markets all retraced after SPY, DIA, and IWM making record highs the prior week on the $1.9 trillion stimulus package being approved and positive vaccine news. The Nasdaq and high-valued stay-at-home stocks have been underperforming with the rise in...
