by Dan Gibby | Jan 1, 2024 | Master Trader Advisory Letter Past
Some of last week's comments included, "As we entered the last two weeks of the year, any meaningful correction will unlikely occur.On the contrary, if interest rates and the US Dollar continue lower, the S&P 500 could make new all-time highs." Continue...
by Dan Gibby | Dec 24, 2023 | 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.As we entered the last two weeks of the year, any meaningful correction will unlikely occur."...
by Dan Gibby | Dec 17, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Institutions are betting there is more upside to the broader markets, and the end of last week's price action supports that bias.The best odds of the markets advancing further should be at the beginning of the week....
by Dan Gibby | Dec 10, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "There is no doubt that risk is rising for long equities, but until we get a potent reversal bar or pattern, our bias will be higher prices.The underperformers have a higher probability of more robust advances as money...
by Dan Gibby | Dec 3, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500 is within striking distance of 4600, and moving to or above would be a reasonable scenario for a stall and retracement.If interest rates measured by the 10-year yield and the US Dollar moves lower, that will...
by Dan Gibby | Nov 26, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "A continuation move higher this week should put the internal market gauges bearishly aligned. That leaves some fuel in the tank for markets to move up.There are many positives in the intermediate term, but a retracement or...