by Dan Gibby | Mar 3, 2019 | ETF Past Letters
Of the four broader market indices that we monitor in the letter each week, only the Transportation Index broke below a prior week’s low. The other three indices made the ninth higher weekly low in a row. The maximum number of higher weekly lows in a row over the last...
by Greg Capra | Feb 26, 2019 | ETF Past Letters, Master Trader Advisory Letter Past
The broader markets and many stocks gapped lower at today's open and it looked like -- at least a short-term -- that a high point could occur, and maybe it has. The Russell 2000 that has been relatively strong was the weakest today among the broader market indices....
by Dan Gibby | Feb 24, 2019 | ETF Past Letters
The weekly range of the majority the broader markets and sectors contracted from the prior week’s range expansion higher. However, they also made higher weekly lows for the eighth consecutive week. In other words, while momentum slowed last week, buyers still remain...
by Dan Gibby | Feb 18, 2019 | ETF Past Letters
The broader markets continue to defy gravity, closing at the highs and looking higher. The bears have not been happy, with every attempt to go lower failing after last December’s collapse and bottom. There are many reasons – and bullish patterns – suggesting higher...
by Greg Capra | Feb 10, 2019 | ETF Past Letters
Last week the broader markets were little changed from the prior week’s close — but not before moving higher early in the week. But once the S&P 500 and the NASDAQ 100 neared their respective 200-day moving averages, uncertainty about the ability to continue...
by Dan Gibby | Feb 3, 2019 | ETF Past Letters
While Amazon put a damper on the markets’ bullish enthusiasm Friday, most market indices and sectors were little affected. The depth of the broader markets retracement from the post-Christmas low has been in the area of 15% in the broader markets and about 10%...
