by Dan Gibby | Sep 28, 2025 | Past Weekly Options Letters
The Dow Jones Industrial Average and S&P 500 have fallen only 0.8% and 0.9%, respectively, this week, while the Nasdaq Composite has dropped 1.1%, but all within an uptrend and remain near record highs.The uptrend is intact, and Friday’s close suggests a move...
by Dan Gibby | Sep 21, 2025 | Past Weekly Options Letters
Some of last week’s comments included:"Technically, there is no indication of weakness after last week’s advance in the S&P 500. Instead, the advance suggests a continuation of the uptrend and the possibility of a blowoff move higher that coincides with the news...
by Dan Gibby | Sep 14, 2025 | Past Weekly Options Letters
The SPY and QQQ closed at all-time highs for the week as investors appear giddy over the Fed’s guaranteed expected easing at this week’s FOMC meeting. Barron’s noted that this will only be the ninth time that the Fed has cut rates within 10 days of the S&P...
by Dan Gibby | Sep 7, 2025 | Past Weekly Options Letters
It’s funny how the media spins events to write a story.An article in Barron’s mentioned, “A lousy employment report Friday dropped like an anchor, pulling the market down from record territory.”Yes, it was a bad report and the markets sold off, but after a significant...
by Dan Gibby | Aug 31, 2025 | Past Weekly Options Letters
This past week, markets consolidated after the rally, with the S&P 500 and Nasdaq easing modestly, while the Dow and small-cap stocks showed relative strength. Based on the weekly percentage changes, it was a relatively uneventful week. The long holiday weekend...
by Dan Gibby | Aug 24, 2025 | Past Weekly Options Letters
Last week, the markets were squarely focused on Fed Chair Powell’s comments at the Kansas City Federal Reserve’s Economic Symposium in Jackson Hole.For the first time, Powell openly acknowledged that the Fed is now prepared to cut rates if conditions warrant. That...
