by Dan Gibby | Feb 23, 2025 | Master Trader Advisory Letter Past
Some of last week's comments included,"Over the last few weeks, we haven’t had confidence that the market would move decisively, but last week showed improvement, and at least the S&P 500 and NASDAQ 100 should make new all-time highs.Moving upward coincides with...
by Dan Gibby | Feb 16, 2025 | Master Trader Advisory Letter Past
Some of last week's comments included,"The internal market gauges have slightly worked off their bearish extreme and are neutral, so give us no advantage other than to say that Friday’s bearish reversal can move lower based on neutral internals.Interest rates continue...
by Dan Gibby | Feb 9, 2025 | Master Trader Advisory Letter Past
Some of last week's comments included,"The internal market gauges have not come close to working off the bearish extreme from two weeks ago, and the sentiment is still too bullish.Based on the above, we would expect markets to correct further, but any retreat on the...
by Dan Gibby | Feb 2, 2025 | Master Trader Advisory Letter Past
Some of last week's comments included,"The internal market gauges signaled a risk-off at the end of last week.In every signal, we mention that markets rarely turn on a dime when an extreme is reached. However, many did on the last bearish signal, but that doesn’t mean...
by Dan Gibby | Jan 26, 2025 | Master Trader Advisory Letter Past
Some of last week's comments included,"The depth of the advance (size of retracement) in many sectors into resistance shows strength and the potential to move higher.The internal market gauges, which were headed to a bullish alignment, reversed last week, especially...
by Dan Gibby | Jan 19, 2025 | Master Trader Advisory Letter Past
Some of last week's comments included,"The S&P 500 6000 strike mentioned last week is a battleground unlikely to be seen again in the short term. More likely, 5800 will be violated, and the unfilled gap potentially holds prices before moving to MS in the 5700...
