by Dan Gibby | Sep 30, 2017 | Master Trader Advisory Letter Past
The monthly charts are complete. All of the broader markets and most sectors look like they’re going higher. Looking at the daily charts in the moves from last week, it’s reasonable to think that they will be some retracement. Hopefully, there will be. A continued...
by Dan Gibby | Sep 28, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of SPDR S&P Biotech ETF (XBI). Trade: Consider shorting Oct (10/20) $82.5 naked puts (21 DTE) for around current mid-point of $.63/share. Technical Setup: Breakout daily chart, bullish weekly/monthly charts. Option Strategy: Short Naked...
by Dan Gibby | Sep 27, 2017 | Master Trader Advisory Letter Past
View the monthly meeting recording below Below is a daily chart of Overstock.com, Inc. (OSTK). Trade: Consider shorting Oct (10/20) $22.5/17.5 bull put spread (22 DTE) for around current mid-point of $.62/share. Technical Setup: Pro Gap and Bullish Wide...
by Dan Gibby | Sep 27, 2017 | Master Trader Advisory Letter Past
Hello Fellow Master Trader, Please note that our next Master Trader Advisory Meeting Webinar is scheduled for Wednesday, September 27, 2017, at 4:15 p.m. ET. These monthly meetings should last about 1 – 1.5 hours. All meetings will be recorded for future review in...
by Dan Gibby | Sep 24, 2017 | Master Trader Advisory Letter Past
Last week, the leading broader market indices (S&P 500 and Nasdaq 100) marked time while the laggards (Transports and Russel 2000) led the way higher. This week, we should see if the prior leaders are ready to break out of their consolidation. Further advancement...
by Dan Gibby | Sep 23, 2017 | Master Trader Advisory Letter Past
Hello Fellow Master Trader, Please note that our next Master Trader Advisory Meeting Webinar is scheduled for Wednesday, September 27, 2017, at 4:15 p.m. ET. These monthly meetings should last about 1 – 1.5 hours. All meetings will be recorded for future review in...