by Jeff Bishop | Nov 25, 2019 | Editorial
I don’t know about you, but I’m always excited to trade on Monday. Maybe it’s all the money that is flying around from M&A action—broker Charles Schwab announced it’s making an offer to acquire TD Ameritrade for a cool $26 Billie… Or maybe it has to do with the...
by Jeff Bishop | Nov 24, 2019 | Editorial
Believe it or not, some of the best trading happens during slow periods when everyone expects trading volumes and market volatility to be on the low end. SPY daily chart And while I’ll be thinking about family, Thanksgiving, and football this week—don’t think...
by Jeff Bishop | Nov 23, 2019 | Editorial
I laid out a plan for my Bullseye Trade of The Week —before the market opened on Monday. I sent out the following email to Bullseye members: Why am I bringing this trade up? Because it’s chock-full of teachable moments. In fact, if you look above, you’ll see that I...
by Jeff Bishop | Nov 20, 2019 | Editorial
Despite the mild sell-off in the market the past few days—no one can deny the bulls are in charge. Their confidence grows day by day. After all, it was just a few days ago when the bankers at Goldman Sachs raised their 2020 outlook for the U.S. stock market. They...
by Jeff Bishop | Nov 19, 2019 | Editorial
Since the dawn of the markets, traders have been on pursuit for the one setup that ALWAYS wins, has nearly NO risk, and pays out mega-profits. It’s the holy grail of trading—something for nothing. I have yet to take a sip from the elusive chalice. But when I learned...
by Jeff Bishop | Nov 18, 2019 | Editorial
The market sent a clear message this week to all the shorts: Large caps lit up charts on a relentless march higher, while the Russell 2000 trails miles behind. The gap widened further last week with the SPY outperforming the IWM by over 1%. SPY vs. IWM YTD...