by Jeff Bishop | Aug 9, 2020 | Total Alpha
On Friday, the Labor Department reported that U.S. unemployment hit 10.2% in July. And the number of underemployed workers – people who have a part-time job and want more work – sits at a troubling 16.5%. Both numbers are alarming. But no number is...
by Jeff Bishop | Aug 8, 2020 | Editorial, Total Alpha
For weeks transportation stocks lagged the broader market. Of course, they were dragged down by airlines. Yet, behind the scenes, names like UPS started performing extremely well. And once President Trump backed more money to the airlines, the whole sector caught...
by Jeff Bishop | Aug 6, 2020 | Total Alpha
Many of the markets entered ludicrous territory lately… Where investors talk about fundamentals like some quaint relic from a bygone era. No market highlights this better than gold. As more bulls crowd this trade, the chances it falling off a cliff increase...
by Jeff Bishop | Aug 4, 2020 | Total Alpha
Have you ever traded shares of Alibaba (BABA)? You might have thought you were trading shares of the company… But you really owned paper issued by Citigroup! And that’s not all… News of a potential ban on TikTok in the U.S. sent investors scrambling. They didn’t know...
by Jeff Bishop | Aug 3, 2020 | Total Alpha
We know that exporters like Caterpillar (CAT) benefit from a weaker dollar. Certainly gold enjoys this trend and does its forgotten sibling— silver. Yet, most of us overlook homebuilders… XHB Weekly Chart Even with home prices dropping 3% in some...
