by Dan Gibby | Mar 6, 2022 | Past Weekly Options Letters
The broader markets and most sectors closed weak last week on the ongoing Russian invasion of Ukraine. Oil, gold, and metals remain bullish. The Nasdaq was down the most and the Dow had its fourth consecutive week of losses. Much of the world is thankfully united...
by Dan Gibby | Feb 27, 2022 | Past Weekly Options Letters
The broader markets and most sectors gapped down huge last Thursday on the news of the Russian invasion of Ukraine. Gold and metals were bullish. The massive daily reversal seemed to support the old cliché to “buy at the sound of cannons.” What’s different this...
by Dan Gibby | Feb 20, 2022 | Past Weekly Options Letters
We have set up a NEW “Master Trader Weekly Options – CS” Channel. Please be sure to log in to Member’s Area and under PRODUCTS click through the steps and hit the JOIN button (see attached) to access the new channel. We will continue to post in the old channel...
by Dan Gibby | Feb 13, 2022 | Past Weekly Options Letters
Following a bearish island reversal gap down on Thursday, the broader markets and most sectors (other than oil ETFs, gold, and interest rates TBT) closed with bearish Wide Range Bars (-WRBs), suggesting lower prices. The S&P 500 whipped up and down last week but...
by Dan Gibby | Feb 6, 2022 | Past Weekly Options Letters
The broader markets and most sectors advanced last week as predicted and stopped near their targeted areas. The S&P 500 fell short of reaching its declining 50-MA, and the NASDAQ 100 could only reach its declining 20-MA. Once at those moving averages which were...
by Dan Gibby | Jan 30, 2022 | Past Weekly Options Letters
Equity markets closed at their highs after extremely volatile intra-day whiplash within last Monday’s wide range reversal bar. Last week was a wild session of day-to-day whipsaws up and down, but our turnaround scenario ended as anticipated by the end of the week....
