by Dan Gibby | Feb 11, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The broader markets measured by the Dow and S&P 500 are at new all-time highs, so there's no price resistance to overcome.However, whole numbers come into play as sticking points, and the Dow is approaching 39,000 and...
by Dan Gibby | Feb 4, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The most significant potential to end the current uptrend would be interest rates, the US Dollar, and crude oil rising together.The three of them moving lower together and positive earnings reports would most likely...
by Dan Gibby | Jan 28, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500 NASDAQ 100 broke out of a one-month trading range, and unless something shocks the markets, they will go higher.The next resistance area in the S&P 500 is 4900, which should be easily attainable. There...
by Dan Gibby | Jan 21, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "The move up last week in the S&P 500 to resistance and the dip bought on Thursday, followed by the consolidation on Friday, suggests prices should rise above last week's high.4800 has been a sticking point in the...
by Dan Gibby | Jan 14, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "Internal market gauges have not reached an extreme, telling us a long bias is warranted — instead, short-term caution with an intermediate-term bullish.The beginning of the week is a tossup to the market direction."...
by Dan Gibby | Jan 7, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "No matter how you measure a market that has moved too far and is susceptible to a correction, you conclude it is vulnerable.The S&P 500 time ran out for an all-time high in 2023, but has a chance in the next week or so...
