by Dan Gibby | Mar 31, 2024 | Past Weekly Options Letters
The market had a great start to 2024. The SPY closed at another all-time high, its 22nd record close year to date, the most in a first quarter since 1998. Even recent comments from Fed Governor Christopher Waller stressing the need for sustained improvement in...
by Dan Gibby | Mar 24, 2024 | Past Weekly Options Letters
The Fed didn’t disrupt the bulls’ party on Wednesday during the FOMC announcement so the party rolled on, despite a small pullback on Friday. SPY, QQQ, and DIA closed at all-time highs. Big Tech remains strong. NVDA, NFLX, and META had a great week, among many...
by Dan Gibby | Mar 17, 2024 | Past Weekly Options Letters
We have been saying recently, “The stock market just doesn’t want to go down, despite many things thrown at it like the ongoing inflation challenge, wars, etc.” Nothing has been able to kill this bull market with the “soft landing” scenario, although some clear cracks...
by Dan Gibby | Mar 10, 2024 | Past Weekly Options Letters
Last week we said, “The stock market just doesn’t want to go down, despite many things thrown at it like the ongoing inflation challenge, wars, etc.” The S&P 500 made a new closing all-time high on Thursday. The NASDAQ 100 was close. Both are impressive in light...
by Dan Gibby | Mar 3, 2024 | Past Weekly Options Letters
The stock market just doesn’t want to go down, despite many things thrown at it like the ongoing inflation challenge, wars, etc. The S&P 500 of the NASDAQ 100 made closing all-time highs. The top gainers were semiconductors and AI stocks. Risk assets like Bitcoin...
by Dan Gibby | Feb 25, 2024 | Past Weekly Options Letters
The broader markets were up last week with SPY, DIA, and QQQ closing at all-time highs. Again. Early in the week got a retracement on the stronger-than-expected CPI (inflation) readings. The SPY and DIA closed with Buy setups Wednesday leading into Nvidia’s (NVDA)...
