by Dan Gibby | Jul 27, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The markets should move lower toward significant support levels at the beginning of next week. Those levels are where buyers typically show up.The S&P 500 and NASDAQ 100 have been moving up without the others and...
by Dan Gibby | Jul 21, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "We now have one signaling that the risk of being long is high.In the coming week, we will be looking at how financials perform relative to their earnings reports, how small caps perform relative to their advance last week,...
by Dan Gibby | Jul 14, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"The internal market gauges are not aligned, so we do not have a signal, but that may come this week if the breadth continues to improve.Software and Internet stocks also advanced, and the breadth improved in the NASDAQ 100, with...
by Dan Gibby | Jul 7, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,This week, we have the Fourth of July holiday on Thursday, and equity markets close early on Wednesday at 1 ET. It's also the beginning of the month. Both of those historically result in bullish price action.There will be a lot of...
by Dan Gibby | Jun 30, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"The reversal in the leading semiconductors last week may be a foretelling of the start of a well-needed correction.The breadth internal gauge is below zero and continues to signal the underlying relative market weakness."...
by Dan Gibby | Jun 23, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included,"With the S&P 500 and NASDAQ 100 making new all-time highs, the breadth is terrible, which tells us that "Under the hood" is unhealthy.There will be the typical economic reports next week that are unlikely to move the markets...
