by Dan Gibby | Aug 14, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “If the broader markets should move higher early in the week and the Volatility Index (VIX) moves below the 20 levels, which it should, be alert since this has been where the markets have retraced lower this...
by Dan Gibby | Aug 7, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “This put/call tells us that institutions are skeptical about this advance and hedging their long trades or betting against the advance, and it will fail. We will not know the outcome until later, but their...
by Dan Gibby | Jul 31, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “Ideally, the markets will retrace early in the week before the Fed announcement and earnings reports of significance later in the week. Should that happen, and we see an increase in bearish bets (put options), it...
by Dan Gibby | Jul 24, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “The internal market gauges have backed away from bearish extremes but are nowhere close to being bullish. Breadth (advancers minus decliners) was very positive on Friday, but those bullish extremes have not recently...
by Dan Gibby | Jul 17, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “All markets and the majority of sectors are below their major moving averages, and with most moving averages pointing lower, there is no significant signal of a bottom yet. With Major Resistance a significant...
by Dan Gibby | Jul 10, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “The internal market gauges are neutral, so they are not giving us an advantage. Trading days before and after a holiday are historically bullish, but that doesn’t change the trend. So, any bullish price action is...