by Dan Gibby | Feb 9, 2025 | ETF Past Letters
Last week, there was no shortage of market-moving news that added to the uncertainty pattern displayed on most charts. Equity markets had a nasty gap down last Friday (allowing us to book a beautiful profit on our long SPY puts recommended the Friday prior)...
by Dan Gibby | Feb 2, 2025 | ETF Past Letters
Equity markets continued their volatile, unpredictable moves and sold off into the close on Friday on tariff threats; however, for January were impressively higher: the Dow, S&P 500, and Nasdaq gaining 4.7%, 2.7%, and 1.6%, respectively. Last week, there...
by Dan Gibby | Jan 26, 2025 | ETF Past Letters
With Trump assuming office on January 20th and aggressively implementing many policy changes, coupled with Q4 earnings starting strong (companies beating estimates by an average of 8.7%), markets rallied robustly last week, continuing the bounce that began with...
by Dan Gibby | Jan 19, 2025 | ETF Past Letters
Markets rallied robustly last week with better-than-expected inflation data and falling yields. December’s CPI showed that the consumer price index rose 2.9% from a year ago, which is still far from the Fed’s 2% goal. Core inflation rose 0.2% (excluding...
by Dan Gibby | Jan 12, 2025 | ETF Past Letters
For the past few weeks, the SPY, QQQ, DIA, and IWM have been trading in wide ranges as we patiently waited to see which way they would break. Everything fell hard on Friday after the Labor Department reported much-stronger-than-expected December job growth....
by Dan Gibby | Jan 5, 2025 | ETF Past Letters
Despite a bullish reversal last Friday, Santa didn’t deliver the holiday-expected rally. The S&P 500 finished the seven days of the Santa Rally period down 1.1%. At the week’s end, the SPY, QQQ, DIA, and IWM all had nice bounces on Friday setting up many...
