by Dan Gibby | Dec 8, 2019 | ETF Past Letters
Friday’s stellar jobs report and bullish market reaction erased much of the losses from earlier in the week. The Fed has its two-day meeting this week on monetary policy. Another interest-rate cut is not expected, although the Fed Funds still predict one more cut by...
by Greg Capra | Dec 1, 2019 | ETF Past Letters
All Index ETFs made new monthly highs, although IWM closed the weakest after all retreated on Friday. However, December is the best month of the year for the Russell 2000, up 81% of the time, averaging 2.59%. But we trade objective chart patterns, not statistics....
by Dan Gibby | Nov 24, 2019 | ETF Past Letters
With the S&P 500 up 25.88% for the year and Nasdaq 100 up 31.54%, investors have reason to give thanks this week. From Tuesday’s market close to the end of day on Friday during Thanksgiving week, the S&P 500 made gains 84% of the time in the past...
by Dan Gibby | Nov 17, 2019 | ETF Past Letters
The S&P 500, Dow-30, and Nasdaq 100 closed at new highs, despite a slowing global economy, ongoing U.S.-China trade war, and impeachment drama. The Dow was the best performer (we are long DIA), up 1.2% for the week. Recession fears have subsided also with rising...
by Dan Gibby | Nov 10, 2019 | ETF Past Letters
The S&P 500, Dow-30, and Nasdaq 100 closed at new highs, with the market news being mostly friendly since the start of October — despite a slowing global economy, ongoing U.S.-China trade war, and impeachment drama. The march to new highs has pushed the...
by Dan Gibby | Nov 3, 2019 | ETF Past Letters
The S&P 500 and Nasdaq 100 closed at new highs, despite a slowing global economy, ongoing U.S.-China trade war, and impeachment drama. The markets are now entering the historic best six months of the year. The VIX (Volatility Index) also fell to near 52-week...
