by Dan Gibby | Dec 30, 2018 | ETF Past Letters
This is our last letter for 2018. Rather than the written commentary that is typically done with a relatively short market video, I have done a longer video to review the broader markets, sectors and some stocks. This year the market gyrations were a bit on the wild...
by Greg Capra | Dec 23, 2018 | ETF Past Letters
A brutal week or the bulls! The Nasdaq is in bear market territory, down 21.9% from its highs. The Dow is down 16% and SPY down 18%, all on huge volume. All indexes are on track for their steepest monthly losses since October 2008. Broader Markets Changes...
by Dan Gibby | Dec 16, 2018 | ETF Past Letters
Most indices continued their wide and whippy action within the trading range, with most closing weak, near the lows. The Russell 2000 continued its relative weakness and pushed to new lows. The Transportation Index also broke below its trading range and pushed...
by Dan Gibby | Dec 9, 2018 | ETF Past Letters
The current market environment has been one of the least “reasonable” I can remember. While Friday’s open was a bit choppy, it did not suggest the rout that was about to unfold. If you’re new to the markets, if it’s any comfort to you, this is not normal in any way....
by Dan Gibby | Dec 2, 2018 | ETF Past Letters
The major markets and many sectors ETFs have put in different variations of a W-Bottom. Along with the continuation pattern that formed at the end of last week, it suggests a move up to the respective resistance points overhead. The Transportation Index that was...
by Dan Gibby | Nov 25, 2018 | ETF Past Letters
No seasonal Thanksgiving rally last week! Prices decisively moved under the low of Thursday’s big rally day — and then fell lower to the October low as expected under that scenario. The Transports were the only major index that we follow that was able to hold...