by Dan Gibby | Apr 14, 2019 | ETF Past Letters
Major stock market indexes continue to march higher, negating any fears of a slowing economy or otherwise. Although the yield curve got out of its inverted state, low bond yields still suggest economic weakness, as seen in the IMF’s lowered 2019 global forecast to...
by Dan Gibby | Apr 7, 2019 | ETF Past Letters
The Bull Market celebrated its 10th birthday and Barron’s cover story is on why there’s no expiration date for it. Is this a bearish contrarian? Who knows, but the charts do look higher, so we will trade that way until the charts and internals suggest otherwise....
by Greg Capra | Mar 31, 2019 | ETF Past Letters
The S&P 500 is off to its best start since 1998, booking a first quarter gain of 13.1%! And this comes at a surprise to many in light of an inverted yield curve, trade wars, slowing worldwide growth, lower incomes and spending, etc. Inflation remains in check,...
by Dan Gibby | Mar 24, 2019 | ETF Past Letters
Major stock market indexes fell Friday on mounting fears of a slowing economy. Reports showed factory output in the eurozone fell at the fastest pace in six years, and U.S. manufacturing fell to its lowest level in two years. U.S. bond yields fell, creating an...
by Dan Gibby | Mar 17, 2019 | ETF Past Letters
Major stock market indexes rose for the 10th of the past 12 on the heels of a one-year high inflow of $25.5 billion into domestic equity funds. And this occurred despite the yield on the 10-year note falling to its lowest level since January 2018. Rising equities are...
by Dan Gibby | Mar 10, 2019 | ETF Past Letters
The broader markets finally gave it up, closing with bearish engulfing bars, suggesting lower prices. We have been waiting for this reversal after such a bullish run because of the weekly Sell Setups and overbought market internals. We added bearish swing...
