by Dan Gibby | Jun 15, 2025 | ETF Past Letters
The up-trending grinding price action continued last week until Friday, when most markets gapped down after Israel launched a strike against Iran, escalating tensions in the Middle East.Crude oil futures rose over 7%, settling around $73 a barrel, a four-month high,...
by Dan Gibby | Jun 8, 2025 | ETF Past Letters
The directionless price action continued last week until Friday, when most markets gapped higher on the payroll report, negating Thursday’s bearish candlestick.For the week, the S&P 500 was up 1.5%, the Dow 1.2%, and the Nasdaq 2.2%.Thursday started with the...
by Dan Gibby | Jun 1, 2025 | ETF Past Letters
Despite the ongoing and annoying tariff whipsaws, stocks had their best month since late 2023.The S&P 500 rose more than 6% in May (its best May in 35 years), the Dow was up 3.9%, and the Nasdaq up 9.6%, as that Trump backed off of some of his largest tariffs,...
by Dan Gibby | May 26, 2025 | ETF Past Letters
In addition to the ongoing and annoying tariff whipsaws, various sectors got whipped last week on various congressional proposed bills and administration policies.Solar stocks tanked with the repeal of green-energy tax credits, health care and green energy stocks...
by Dan Gibby | May 18, 2025 | ETF Past Letters
Last week we said, “So to start the week, the world is waiting for the news coming from the Switzerland meeting between the United States and China.”A large gap up on Monday occurred as with the news that the U.S. and China agreed to pause most reciprocal tariffs,...
by Dan Gibby | May 11, 2025 | ETF Past Letters
After a chaotic April primarily surrounding the uncertainty of Trump’s tariffs, the markets closed the week virtually unchanged with the Dow, S&P 500, and Nasdaq down 0.3%, 0.5% and 0.3%, respectively.This can be viewed as good and bad. It’s bullish...
