by Dan Gibby | Mar 24, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "If Powell should say that the recent inflation data will make it more difficult for a rate cut, the probability for the markets to sell off is very likely.If he makes light of last week's inflation data, I imagine the...
by Dan Gibby | Mar 17, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The broader markets have been advancing since the 2023 October low and are vulnerable to a short-term correction. Last week may have been the start.The Semiconductor sector was down almost 5% on Friday and up 27% this year....
by Dan Gibby | Mar 10, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "What occurred last week may have set the stage for prices to accelerate higher, which will lead to the following corrective price action.It's normal for prices to correct when they become extended because of moving too far...
by Dan Gibby | Mar 3, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "This week, the significant economic news that has the potential to be market-moving will come on Wednesday, Thursday, and Friday.Markets in an uptrend often move higher ahead of the news and then stall as the news is waited...
by Dan Gibby | Feb 25, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "While there are internal market gauges that signal a short-term top, strength in the Financial sector does not support a strong bearish bias.There are strong reasons to be cautious in the short term, but unless more sectors...
by Dan Gibby | Feb 18, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500 ETF closed above 500 and a new all-time high last week. Prices have begun to "lift-off" away from the 20-MA. The further it moves away from the moving average and price support, the greater the probability...
