by Dan Gibby | Dec 18, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"The coming week has the potential for a short-term large move and whipsaws.With many call options above current prices that expire at the end of the week, a break below last week's low can be a "Fast and Furious" move lower.This...
by Dan Gibby | Dec 11, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included," Based on last week's price action from Wednesday to Friday, the markets better move higher.A close below Thursday's Low in any sector will disappoint and create new uncertainty when the majority expect higher prices." Continue...
by Dan Gibby | Dec 4, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"The Volatility Index (VIX) has fallen to the previous low, where the markets turned lower in August. The VIX has not begun to rise, or the markets fall, but take note.The internal market gauges that had reached an extreme two...
by Dan Gibby | Nov 27, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"Maybe they aren't going to move far from where they are right now. On second thought, they may move up or down a bit but end where they are. We'll see."The markets moved up and down a bit but not far from the prior week's close....
by Dan Gibby | Nov 20, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"Here is the bad part. The drop in yields inverted the yield curve between long-term and short-term interest rates. That, historically, signals a recession.Long-term yields did not rise because of an overheating economy. They rose...
by Dan Gibby | Nov 13, 2022 | Master Trader Advisory Letter Past
Some of last week's comments included,"The biggest day will be Thursday, with several reports coming at the open.The internal market gauges are still not aligned, but sentiment has begun to decline and is more likely to align bullishly with the sentiment on the move...