by Dan Gibby | Aug 31, 2018 | Master Trader Advisory Letter Past
Shares of Ciena Corp. (CIEN) were up huge yesterday after the company reported substantial sales and profit increases in its fiscal third quarter and said it is on track to meet three-year financial targets. Look at this monthly chart: CIEN topped out at a...
by Dan Gibby | Aug 26, 2018 | Master Trader Advisory Letter Past
I’ve been anticipating new all-time highs in the S&P 500 for weeks now and we finally got it last week. Now, can the Dow Jones Industrial Average do it too? The Russell 2000, the Software sector ETF, the Telecom ETF, the Retail ETF, the Technology ETF, and the...
by Dan Gibby | Aug 24, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on XLK based on price action below. 8/24: XLK – Consider shorting Sep (9/21) $72.5/67.5 bull put credit spread (28 DTE) for current mid-point of $.45/share. Breakout daily/weekly, bullish monthly. Stop...
by Dan Gibby | Aug 24, 2018 | Master Trader Advisory Letter Past
NEW TRADE: New Master Trader Bull Put Credit Spread on NTAP based on price action below. 8/24: NTAP – Consider shorting Sep (9/21) $80/75 bull put credit spread (28 DTE) for $.48/share. Breakout daily and weekly after Breakdown Failure, bullish monthly. Stop...
by Dan Gibby | Aug 24, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on MA based on price action below. 8/24: MA – Consider shorting Sep (9/7) $202.5/195 bull put credit spread (14 DTE) for current mid-point of $.53/share. Breakout from multi-week consolidation above r50-MA,...
by Dan Gibby | Aug 24, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on FDN based on price action below. 8/24: FDN – Consider shorting Sep (9/21) $136/130 bull put credit spread (28 DTE) for a limit of $.55/share (caution: spready). Breakout from higher low retest above...
