by Jeff Bishop | Aug 23, 2020 | Editorial, Total Alpha
Can our economy recover if more than 10% of the population is unemployed? And shouldn’t we be getting back to normal by now? Last week’s jobless data reversed recent trends with week over week initial claims rising. Department of Labor Weekly...
by Jeff Bishop | Aug 20, 2020 | Editorial
Rules, structure, and discipline. All essential ingredients that make a top performing trader. However, top traders are also flexible, and understand when it’s OKAY to go against the rules. Today I want to share with you a story about how I did it… At the...
by Jeff Bishop | Aug 16, 2020 | Editorial, Total Alpha
There may not be a lot of data points this week. But that doesn’t mean there aren’t plenty of obstacles. Money rotated with a vengeance from technology into small caps… …while inflation came in hotter than expected. That’s put a crimp on the treasury run...
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 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...
