by Dan Gibby | May 29, 2022 | Past Weekly Options Letters
13 for 13 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. The broader markets broke their 7-8 week losing streak with robust rallies across the board, closing at their highs on Friday. Bear market rally or the...
by Dan Gibby | May 22, 2022 | Past Weekly Options Letters
13 for 14 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. Despite the broader markets’ late afternoon short-covering rally Friday afternoon, the S&P was down almost 20% at its low. The Nasdaq is already...
by Dan Gibby | May 15, 2022 | Past Weekly Options Letters
The broader markets rallied late afternoon Thursday and Friday after being on the verge of collapse. But this begs the question of whether or not this is the start of a bottoming process or a bear market rally? The Nasdaq is in a bear market; the S&P was down...
by Dan Gibby | May 8, 2022 | Past Weekly Options Letters
The broader markets closed negative – after wild up and down swings around the FOMC announcement. The S&P 500 had its longest losing streak in more than a decade. The Nasdaq is already in a bear market. The markets rallied robustly into the close on Wednesday...
by Dan Gibby | May 1, 2022 | Past Weekly Options Letters
The broader markets closed negative – and at the lows — last week, with the Nasdaq down 4.2%, its worse month since 2008 (and worse start to a year since 1971). With the Fed having the FOMC meeting this week, investors continue to be worried about rising...
by Dan Gibby | Apr 24, 2022 | Past Weekly Options Letters
The broader markets closed negative for the third consecutive week, with QQQ down over 2% again. The Dow had its worse day since 2020. Last week’s Bull Sandwich pattern strongly suggested it’s going lower – it did, with a vengeance! Bond yields rose for the third...
