by Dan Gibby | Jun 4, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The positive charts mentioned support higher prices as long as they don't close below last week's low.Institutions are wholeheartedly committed to the long side on Friday, which created a bullish wide-range bar (+WRB) on...
by Dan Gibby | May 29, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Strong sectors will continue to move higher as long as the debt ceiling is resolved.Many sectors and stocks saw profit-taking on Friday and formed bearish candles. If those candles are reversed early in the week, they...
by Dan Gibby | May 21, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The trading range continues unless the S&P 500 closes above 4200 or below 4050.The internal gauges barely move from last week's levels. They are neutral." Continue...
by Dan Gibby | May 14, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The S&P 500, the NASDAQ 100, and the Technology ETF have formed patterns that support an upward move if they can clear the recent highs.Most other sectors are a coin-flip in their direction, but many do not look...
by Dan Gibby | May 7, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "A contrarian view suggests the market could have a negative (sell the news) reaction by getting what was hoped for. The Fed's tightening cycle is at its end.Larger stops shall be required to avoid another whipsaw. Money...
by Dan Gibby | Apr 30, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The tug-of-war could continue, but with over 1500 companies reporting earnings this week, the possibility for a decisive move increases.The US dollar, interest rates, Semiconductors, the Volatility Index, and many stocks...
