by Dan Gibby | Sep 15, 2019 | ETF Past Letters
After the bullish breakaway gap up last week, the markets marched higher into resistance, as predicted. The markets – and internals – are getting overbought, so time to be cautious. We had some nice trades recently, closing DIA and UBOT with great gains (see below)....
by Dan Gibby | Sep 12, 2019 | ETF Past Letters
We just sent this via TELEGRAM at 2:46 ET: 9/5: UBOT – Bought the ETF at $9.37. 9/12: Move Stop $10.73, has had a great run, and if gaps up tomorrow, sell it. We emailed this last night, so want to make sure you received the text. We regularly change...
by Dan Gibby | Sep 11, 2019 | ETF Past Letters
We regularly change the access link to our trader group text (at https://telegram.org/ ) to restrict to our valued subscribers. Here is the new link. Just click the following link to get access to the Group: https://t.me/joinchat/AAAAAFRve955kNdIowPe3Q Kindly e-mail...
by Dan Gibby | Sep 8, 2019 | ETF Past Letters
Last week we said “Wall Street’s top strategists describe current market sentiment as TWITCHY, SKITTISH and ANXIOUS. Investors are concerned about trade tensions, confusing economic data, and uncertain monetary and fiscal policy plans; hence, the multi-week defined...
by Greg Capra | Sep 1, 2019 | ETF Past Letters
Wall Street’s top strategists describe current market sentiment as TWITCHY, SKITTISH and ANXIOUS. Investors are concerned about trade tensions, confusing economic data, and uncertain monetary and fiscal policy plans; hence, the multi-week defined trading range. Trade...
by Dan Gibby | Aug 25, 2019 | ETF Past Letters
The major indices and currencies went on a wild ride last week with the renewed U.S. and China ramp up the trade war. The Dow dropped 623 points, or 2.4%, S&P fell 2.6%, and the Nasdaq fell 3%. Gold, volatility (VIX up 19%) and U.S. Treasuries rallied —...
