by Dan Gibby | Mar 12, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Two bullish days in a row historically result in higher prices. However, it's surprising that the breadth numbers on those days were not stronger.Institutions seem to believe the risk is small but continue reacting...
by Dan Gibby | Mar 5, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "There also will be some economic reports later in the week.So, it's likely to be the "flavor of the day" that determines day-to-day price action." Continue...
by Dan Gibby | Feb 26, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Equities measured by the S&P 500 and the NASDAQ 100 held their respective Pivot Low areas when the 10-year and the Dollar stalled at their resistance.It's unlikely that equities can withstand the 10-year moving above...
by Dan Gibby | Feb 19, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Breadth has moved to a lower level where the markets are likely to stabilize.Sentiment is still at a bearish extreme, so it's unlikely any move up in the broader markets would be significant." Continue...
by Dan Gibby | Feb 12, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Last week, prices closed above Major Resistance (the high before the lower low) in the S&P 500 and the NASDAQ 100, turning the daily trend up.However, the internal market gauges are signaling a price correction is...
by Dan Gibby | Feb 5, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The Fed's decision on interest rates on Wednesday, followed by Chairman Powell's comments, can be a significant mover of the markets.Most market indices and stocks that have led the way higher are near their respective...
