by Jeff Bishop | Nov 8, 2019 | Editorial
The moment you buy an option, the clock starts. Every second of every hour eats away at the value of that contract. If you’re not careful, the option could be worthless by expiration! I learned to flip the script by selling options. That put time on my side. Every...
by Jeff Bishop | Nov 7, 2019 | Editorial
Volatility makes me happy… and its made me millions. Other traders run screaming for the hills. But not us – not real traders. We stalk our prey day and night… waiting to strike. As the moment hits… we pounce tearing profit limb from limb with ferocious...
by Jeff Bishop | Nov 6, 2019 | Editorial
Oil topped out in 2008 at… get this… $147 a barrel! However, it has seen triple digits in almost seven years—today WTI crude sits at an anemic $57 per barrel. We can thank technological innovations and a total disrespect of our planet for cheap gas prices. New...
by Jeff Bishop | Nov 4, 2019 | Editorial
Hello trader, In some ways, I feel bad. Not everyone reads this newsletter or heeds its words. They laughed at my pronouncement the market would shoot higher off the Fed. And I let them… … it made their soul-crushing defeat taste all that more delicious. Yes, many...
by Jeff Bishop | Nov 3, 2019 | Editorial
The last few minutes of Thursday’s trading session primed the pump for the Friday drag race… as it appears no one wanted to be short stocks going into the weekend. SPY 5-minute chart Traders dove into long positions with reckless abandon as panic...
by Jeff Bishop | Nov 1, 2019 | Editorial
The Federal Reserve’s well-choreographed magic show pushed the stock market to new all-time highs. Market pundits were quick to congratulate the Fed on a job well done (pretending as the interest-rate cut was an actual choice the had.) As I sat through the verbal...
