by Dan Gibby | Oct 7, 2018 | ETF Past Letters
NOTE: In our Video Positions Update below, it contains a great detailed discussion on why and how we legged into covered calls on our open ETF positions last Thursday when the markets started selling off. The markets continue to be in a corrective mode. We remain in...
by Dan Gibby | Oct 4, 2018 | ETF Past Letters
OPEN ETF POSITIONS WITH TRADE UPDATES 9/18: DIA Trade: Bought the ETF at $262.48. Technical Setup: Bullish 2-day consolidation and Bottoming Tail after Breakout daily, weekly is also a Bullish 3-week consolidation and Bottoming Tail after breakout, bullish...
by Dan Gibby | Sep 30, 2018 | ETF Past Letters
Last week was uneventful in the broader markets. They continue to be in a corrective mode over the last month within the long-term uptrend. The Dow was the star of the month as far as the broader markets go. And while we were expecting it to move up and make a new...
by Dan Gibby | Sep 23, 2018 | ETF Past Letters
Another interesting week in the markets! We were bullish on DIA and SPY (in that order), and gave DIA as a new long recommendation last week since we were predicting a new all-time high in the DIA. DIA was a star, gaining 2.25% on the week, followed by SPY +.85%. And...
by Dan Gibby | Sep 16, 2018 | ETF Past Letters
Interesting week in the markets! We got our bullish turn on the daily charts as expected and the broader markets closed strong, suggesting continued strength as long as they don’t gap down or retrace significantly. DIA, SPY and QQQ closed the most bullish (in that...
by Greg Capra | Sep 9, 2018 | ETF Past Letters
The broader markets retraced as expected since they were overbought. Various Indices (and Sector ETFs) performed with different levels of relative strength.Our open positions are doing great. We stopped out of one-half position in XPH for a nice gain of...
