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...
by Jeff Bishop | Aug 2, 2020 | Editorial, Total Alpha
It never ceases to amaze me that people continue to short the market during strong uptrends. Sure, the data doesn’t make sense… There’s millions of people unemployed… And our healthcare system flirts with disaster every day. But that’s not going to stop Jerome...
by Jeff Bishop | Aug 2, 2020 | Editorial, Total Alpha
Every great investor has a nickname. Warren Buffett is the “Oracle of Omaha.” Thomas Rowe Price became the “Father of Growth Investing.” Peter Lynch is the “Chameleon.” And George Soros is simply known as “The Man Who Broke the Pound.” In the world of startup...
