by Dan Gibby | Oct 27, 2024 | Past Weekly Options Letters
Although the QQQ and SMH showed great relative strength last Friday, the broader markets for the week chopped around mostly lower, and closed weak on Friday after a mid-day selloff. The advance in intermediate-term interest rates is becoming more concerning, but the...
by Dan Gibby | Oct 20, 2024 | Past Weekly Options Letters
Last week we said, “The broader markets were firing on all cylinders last week, with the Dow and S&P closing at all-time highs. Technology, financials, and even the lagging IWM and transports kicked it into high gear Friday and closed with a bullish Wide Range...
by Dan Gibby | Oct 13, 2024 | Past Weekly Options Letters
The broader markets were firing on all cylinders last week, with the Dow and S&P closing at all-time highs. Technology, financials, and even the lagging IWM and transports kicked it into high gear Friday and closed with a bullish Wide Range Bar (+WRB). Most...
by Dan Gibby | Oct 6, 2024 | Past Weekly Options Letters
For the week, the broader markets drifted lower until the bullish gap and moved up on Friday after the positive employment data. The Dow closed at all-time highs, IWM was the weakest (avoid), and the SPY and QQQ closed relatively flat, and are in small trading ranges....
by Dan Gibby | Sep 29, 2024 | Past Weekly Options Letters
For the week, the broader markets rallied robustly, with the Dow and S&P 500 closing at all-time highs. The New China stimulus caused those stocks and ETFs to rock, where we will be looking to buy pullbacks. Materials stood out; it was the best performer when...
by Dan Gibby | Sep 22, 2024 | Past Weekly Options Letters
8 for 8 closing GAINS (including breakeven) on last week’s closing income option trades, see VIDEO below, including 20 for 20 closing GAINS on last week’s stock and option trades in the Swing and Options Trader! The Fed finally cut rates (by an aggressive half point)...
