by Dan Gibby | Dec 4, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of Johnson & Johnson (JNJ). Trade: Consider buying Jan (1/19) $135/145 bull call debit spread (46 DTE) for around current mid-point of $6.00/share (which has small positive time value). Technical Setup: Breakout daily from bullish...
by Dan Gibby | Dec 3, 2017 | Master Trader Advisory Letter Past
The markets are getting wild in their movements and historically wild, whippy price action is associated with turning points. Since the markets have been advancing for quite a while, the assumption is a top. It’s too early to say that it is; however, a push higher in...
by Dan Gibby | Dec 1, 2017 | Master Trader Advisory Letter Past
As a subscriber to the Master Trader’s Market Edge Advisory Letter, we would like to text you alerts for timely new trade opportunities and/or updates to open positions. We are going to discontinue using the current text service and replace it with WhatsApp,...
by Dan Gibby | Dec 1, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Exelixis, Inc. (EXEL). Trade: Over $28.10, consider shorting Dec (12/15) $26/24 Bull Put Credit Spread (14 DTE) for a limit of $.26/share (currently $.30/share but spready, which makes it higher risk). Technical Setup: +WRB Breakout from...
by Dan Gibby | Dec 1, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Oracle Corporation (ORCL). Trade: Consider shorting Dec (12/15) $48/45 Bull Put Credit Spread (14 DTE) for around $.43/share (currently $.39/share but extended intra-day). Technical Setup: +WRB Breakout from triple bottom retest daily,...
by Dan Gibby | Dec 1, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Texas Instruments Incorporated (TXN). Trade: Under $96.45, consider buying Dec (12/15) $101/92 bear put spread (14 DTE) at mid-point (will have positive time decay). Technical Setup: Bearish 1-2-3 Consolidation following -WRB/Engulfing at...
