by Dan Gibby | Aug 17, 2025 | Past Weekly Options Letters
The markets were bullish last week in a churning fashion, up about 1%. The Nasdaq and S&P 500 close closed at new record highs, while the DIA hit one within the week before pulling back. IWM broke out decisively. Last Tuesday, the core inflation...
by Dan Gibby | Aug 10, 2025 | Past Weekly Options Letters
Despite the prior week’s weak jobs data, Trump’s tariffs taking effect last week, ongoing record deficits, and rising war tensions, the Nasdaq hit a new record high, with the S&P 500 close behind, despite poor market breadth. The Mag Seven, AI and tech are...
by Dan Gibby | Aug 3, 2025 | Past Weekly Options Letters
We can finally stop saying that the S&P 500 and Nasdaq hit new record highs.Friday’s weak jobs data and Trump’s tariff revisions led to the worse selling in months. The S&P 500, Nasdaq and Dow fell 1.6%, 2.2% and 1.2%, respectively, for the week. Other...
by Dan Gibby | Jul 27, 2025 | Past Weekly Options Letters
The S&P 500 hit a record Friday for the ninth time this month while the Nasdaq posted its 13th high for July. For the week, the S& P 500 rose 1.5% while the Nasdaq and Dow gained 1% and 1.3%, respectively. The DIA was up 1.3% and is close to new...
by Dan Gibby | Jul 20, 2025 | Past Weekly Options Letters
8 for 8 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below.Momentum has stalled over the last couple of weeks, and the prevailing weekly trends remain unchanged, except for the Utilities, which have broken out.Wall...
by Dan Gibby | Jul 13, 2025 | Past Weekly Options Letters
Despite markets being slightly down on the week, Wall Street continues to climb a “wall of worries” as the S&P 500 and the Nasdaq Composite closed at record highs for the second consecutive week. The Dow is not far behind.Semiconductors were strong, with...