by Dan Gibby | Jun 29, 2025 | Master Trader Advisory Letter Past
Some of last week’s comments included:Now that the quarterly options expiration is out of the way, there is a greater possibility that the broader markets may move more freely.A close above 6,050 opens the door to a new all-time high bias.A move below 5,900 is likely...
by Dan Gibby | Jun 22, 2025 | Master Trader Advisory Letter Past
Some of last week’s comments included:"Markets and sectors in strong uptrends are likely to decline further to price support, which is a technically normal occurrence in any market environment.We will see what the economic, tariff, war news, and price action...
by Dan Gibby | Jun 15, 2025 | Master Trader Advisory Letter Past
Some of last week’s comments included:"The strongest sectors closed above resistance last week, suggesting they’re going to go higher, but better not trade below the previous week’s low.Interest rates and crude oil also closed strongly, signaling they are going...
by Dan Gibby | Jun 8, 2025 | Master Trader Advisory Letter Past
Some of last week’s comments included:"If the Downside Shakeout can trade above this consolidation and move back to Thursday’s high, it opens up the potential and the probability of moving higher.We will need to see confirmation of Friday’s midday bullish recovery...
by Dan Gibby | Jun 1, 2025 | Master Trader Advisory Letter Past
Some of last week’s comments included:"The highest open interest (OI) strike in the S&P 500 calls and puts moved from 6000 to 5700 last week. This signals the air coming out of the overly inflated bullish sentiment balloon – a positive event.5700, a whole number and...
by Dan Gibby | May 25, 2025 | Master Trader Advisory Letter Past
Some of last week’s comments included:"The internal market gauges reached an extreme last week, and we know that, historically, based on this extreme, a correction of some degree is forthcoming.A bearish extreme in the internals is not a reason to sell short but is a...
