by Dan Gibby | Apr 10, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “The sharp drop in Truckers, Rails, Financials, Integrated Shipping & Logistics, Home Builders, and Construction, combined with some yield curves inverting, are warning signs of a recession in the future. This type of...
by Dan Gibby | Apr 3, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “Yield curves flatten, some are inverted, and crude oil began moving higher last week. While those events are bearish, institutions bought the small dip. The majority of weekly trends are still down, so that is bearish....
by Dan Gibby | Mar 27, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “Ideally, the markets will immediately pull back to form a Buy Setup or a correction bar. If the markets gap higher Monday morning, that gap would likely result in profit-taking.” Neither of those happened last week...
by Dan Gibby | Mar 20, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “The anticipated Fed rate hike is coming this week, the end of the quarter, options expiration, and the middle of the month. It would be an ideal time for the market correction to accelerate, creating a tradable low...
by Dan Gibby | Mar 13, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “4300 in the S&P 500 and 430 in the S&P 500 ETF (SPY) was the level that held all last week. There is a relatively large open interest of put options (bearish bets) at the 430 level in SPY. A break below should...
by Dan Gibby | Mar 6, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “Unless some negative event happens over the weekend, prices will likely move into their Sell Zones. The S&P 500 ETF (SPY) would be between 440 and 445. The NASDAQ 100 ETF (QQQ) would be between 350 and 355. So,...