by Dan Gibby | Nov 8, 2020 | ETF Past Letters
Last week we said, “The “scary” month of October was brought to a close with big losses across the board, they’re worse since last March.” Last week was quite an impressive turnaround, with the broader markets advancing 7 – 9% despite increasing coronavirus...
by Dan Gibby | Nov 1, 2020 | ETF Past Letters
The “scary” month of October was brought to a close with big losses across the board, they’re worse since last March. It should not be surprising, however, in light of increasing coronavirus reports and shutdowns, no passage of the additional stimulus, and the...
by Dan Gibby | Oct 25, 2020 | ETF Past Letters
The markets were down a bit on the week, whipsawing around with the stimulus talks. Bond yields spiked, reflecting the market’s prediction for increased fiscal stimulus. This helped economically sensitive sectors like banks and hurt homebuilding stocks. Many travel...
by Dan Gibby | Oct 18, 2020 | ETF Past Letters
The markets changed little on the week, with IWM booking the strongest gains. This is impressive in light of increasing coronavirus reports and shutdowns, the questionable passage of additional stimulus before the election, and a Presidential election less than three...
by Dan Gibby | Oct 11, 2020 | ETF Past Letters
Despite Trump’s tweet last Tuesday which sent the broader markets quickly lower, they all finished green. IWM was up the most, although the QQQ has the best-looking pattern to move higher for a new opportunity. It seems like the market just wants to go up, despite...
by Dan Gibby | Oct 4, 2020 | ETF Past Letters
Despite the various bad news throughout the week, the oversold markets managed to bounce after their multi-week declines. But the longer time frames don’t suggest any big upside. The markets closed weak, however – particularly the QQQ, after the negative gap down on...
