by Jeff Bishop | Aug 14, 2020 | Editorial
We’re told that bonds and stocks trade in opposite directions. In reality, it’s not that cut and dry, despite what economists would have you believe. Over the last 20 years, the TLT and SPY have a daily correlation of -0.424. While that’s a pretty...
by Jeff Bishop | Aug 13, 2020 | Editorial, Total Alpha
After weeks of watching tech and gold scream higher, both hit the pause button. Actually, gold did more than hit the pause button. GLD Hourly Chart What’s so cool about this chart, and what I want to discuss today, is how the money-pattern...
by Jeff Bishop | Aug 11, 2020 | Total Alpha
Over the weekend, I received a question from a High Octane Options member. Some of it dealt with the crude oil price crash from a few months ago…when the futures actually traded negative. But they weren’t asking about crude oil. Instead, they wanted to know if...
by Jeff Bishop | Aug 10, 2020 | Total Alpha
Markets aren’t cheap by any traditional measure. But that hasn’t stopped bulls from trampling bears left and right. If the SPY crests $339.08 and starts closing daily above that level… Prepare for the mother of all rallies! SPY Daily Chart So far, it’s been...
by Jeff Bishop | Aug 9, 2020 | Total Alpha
Normally, when kids start to go back to school, it’s time for parents to celebrate. A RagingBull team member shared her excitement at what appeared like freedom at the time. Share yours on Twitter with @RagingBull with the #tradingschool This...
